Senior Analyst – Treasury Operations

JOB PURPOSE:
To manage the Treasury operations to ensure the EGA Group financial risk exposure is minimised, and its investment earnings on cash reserves are maximised.

KEY ACCOUNTABILITIES:
Manage Financial Risk & Investments from Free Cash
    Conduct dealing in foreign currency and commodity derivatives to hedge the Fx & Commodity risk of organisation.
    Ensure that forex and commodity hedging are carried out efficiently and in a timely manner and required hedge ratios are maintained.
    Ensure that real time data on hedge positions are available by making use of data from Treasury management systems (TMS), SAP and through co-ordination with Business units.
    Ensuring that all the Forex and commodity deals are recorded correctly in SAP / TMS either manually or through interface in timely manner.
    Support the management in execution of Strategic commodity and Bunker Fuel Hedging programs.
    Ensuring that excess cash is invested in deposits in optimum manner after considering the counterparty limits and EGA investment policy.
    Ensuring efficient and timely execution of all Treasury deals in line with the Treasury Policy and SOP’s.
    Maintain the database related to Fx hedging, commodity hedging, deposit and other investments.
    Carry out the analysis for Interest rate risk management periodically.
    Ensures the maintenance of adequate levels of cash for EGA Group to meet near term financial obligations.
Cash flow forecasting, analysis and Reporting
    Carry out the short term and long term cash flow forecasting.
    Work with company’s business plan model to carry out various analysis, sensitivity and scenario analysis.
    Cary out analysis for periodic testing for loan covenants, analysing short-term financing options etc.
    Carry out the Adhoc analysis as required for the Job and as requested by management.
    Keep on exploring the opportunities to maximise the return on investments and increase savings potential.
    Prepare the Treasury reports accurately and in timely manner.
Support the Business / Advisory for Commodity and Forex Rates
    Support the Marketing, Projects and other teams with rates requirement for Commodity and Forex for bidding to customers, budgeting, evaluations etc.
    Ensure that all the data updates from Data feed providers to TMS and SAP happens in accurate and timely manner.
    Ensure that Data feed subscriptions from Bloomberg, Reuters, Fast Market etc. are managed properly.
Trade Finance:
    Act as a back-up for Trade Finance specialist – handle the receivable sales (securitization) program, LC Issuance, Supply Chain financing, Structured Promissory Notes program  etc.
Banking Relationship Management
    Carry out the periodic review of Banks by liaising with internal teams for service performance feedback and quantitatively analyse their performance.
    Liaise with the Banks for short-term financing and Trade finance lines.
    Support the management in different activities related to managing the Long-term Loan book.
Managing the activities related to End of Service benefit Plan
    Carry out the Monthly reconciliation and Valuation of End of Service Benefit Fund via fund management system.
    Prepare the periodic reports and presentation for the Board of Directors for End of Service Benefit Plan.
Support the IT Project Implementation & Strategic Projects
    Handle the IT projects related to Treasury Management Systems (TMS), Robotic Process Automation, Data feed integration, LIBOR Transition, Setting up Valuation of Derivatives in TMS etc.
    Handle the LIBOR Transition Project.
    Prepare the Annual Financing Cost Budget/ Forecast and carry out periodic variance analysis on the same.
    Handle the automation of Treasury Front office reporting for moving the same to Power BI.

AUTHORITY/ DECISION MAKING:
Guidelines:
    Thinking within clearly defined policies, standards and specific objectives.
Decision Making:
    Direction of work is subject to practices and procedures, output is managed.

QUALIFICATIONS & SKILLS:
Minimum Qualifications:
    Masters in finance / Accounting/ Business from a recognised university
    Recognised Treasury/Accounting qualification. (CertITM, FRM, etc.) and (preferably MBA in Finance / Accounting from a reputable University)
Minimum Experience:
•    4-5 years of practical experience of working in the Treasury front office function of a large, international organisation
Skills:
    Understanding of derivatives like forwards, futures and swaps.
    Microsoft Office, including Advances Excel and PowerPoint.
    Strong financial analysis skills
    Ability to work on platform of data providers like Bloomberg, Reuters and Fast Market.
    Ability to work in SAP.
    Understanding of Treasury Management Systems.
    Interpersonal and negotiation skills