Job Title

Job Summary:The Assistant Manager- Treasury & AR will play a critical role in managing the company’s cash flow, banking operations, debt, investments, and financial risk, ensuring the organization’s liquidity and financial health. Additionally, the role includes the strategic oversight and operational management of payment gateways, ensuring smooth, secure, and efficient payment processing across global operations. The successful candidate will foster strong banking relationships, optimize treasury operations, and mitigate financial risk while aligning with the company’s broader financial strategies. This role requires expertise in treasury functions, payment solutions, and risk management, along with an ability to lead projects to automate processes and enhance efficiency.Key Responsibilities: Cash Management and Forecasting: Manage the company’s liquidity, ensuring sufficient cash to meet daily and long-term operating needs. Develop and maintain robust cash flow forecasting models to accurately predict future cash requirements. Oversee cash positions on a daily, weekly, and monthly basis, with a focus on optimizing working capital. Ensure timely and efficient execution of fund transfers, payments, and receipts. Banking Relationships and Negotiation: Build and maintain strong relationships with banks and financial institutions, ensuring access to a wide range of banking products and services at competitive rates. Lead negotiations for banking terms such as fees, interest rates, credit facilities, and other financial arrangements. Coordinate the establishment and maintenance of corporate bank accounts globally, ensuring alignment with company policies. Manage the opening and maintenance of corporate bank accounts, ensuring compliance with company policies and international regulations. Treasury Operations and Systems: Design and implement efficient treasury processes, policies, and internal controls to enhance transparency and minimize risk. Monitor and execute treasury operations including payments, foreign exchange transactions (FX), and hedging activities. Evaluate, recommend, and implement treasury management systems (TMS) and tools that enable automation and enhance decision-making capabilities. Debt and Capital Management: Oversee the management of the company's debt portfolio, ensuring the organization maintains appropriate leverage and liquidity ratios. Identify opportunities to optimize capital structure, including refinancing, issuing new debt, and managing covenant compliance. Collaborate with lenders and financial institutions on new funding initiatives, credit lines, and alternative financing solutions. Payment Gateway Management: Oversee the integration, management, and optimization of payment gateways used across the organization for various customer and supplier transactions. Ensure the payment gateways are secure, efficient, and compliant with relevant standards (PCI-DSS), providing a seamless experience for users. Collaborate with internal teams (IT, eCommerce, and Finance) to implement and maintain payment solutions that enhance transaction processing and reduce costs. Monitor gateway performance, transaction fees, and fraud detection systems, working with external providers to resolve issues and optimize service levels. Negotiate terms with payment processors, payment service providers (PSPs), and acquirers to secure favorable transaction fees and service levels. AR Management Worked closely with the BU Leaders towards AR Management. Identify the Provision Risk and take corrective action. Worked with Tech Team to establish proper Tech Platform for better control the Accounts Receivable. Financial Reporting and Analysis: Prepare and present detailed reports on liquidity, debt, and investment performance to senior management and the Board. Conduct financial analysis to support decision-making related to funding strategies, capital structure, and cash management. Ensure accurate and timely completion of treasury-related audits, compliance reports, and regulatory filings. Cross-functional Collaboration and Leadership: Work closely with the FP&A team to align treasury operations with budgeting and financial planning initiatives. Partner with Legal and Tax departments to ensure adherence to regulatory requirements and optimize global tax strategies.Bachelor’s degree in Finance A Master’s degree in Finance or an MBA is highly desirable. Experience: Minimum 3-4 years of experience in treasury, corporate finance, or a similar role, with demonstrated experience in cash management, banking, and financial risk management. Previous experience managing large-scale corporate treasury functions, preferably in a Edtech organisations Strong background in handling foreign exchange operations, investment strategies, and hedging mechanisms. Technical Skills: Proficient in treasury management systems (TMS), ERP software (SAP, SAGE, etc.), and advanced Excel. Strong knowledge of financial markets, banking products, and derivative instruments. Experience in implementing or optimizing treasury systems and automating reporting processes. Knowledge of accounting standards (GAAP, IFRS) and financial regulations (SOX compliance, etc.). Soft Skills: Exceptional analytical and problem-solving skills with a focus on accuracy and attention to detail. Excellent communication and interpersonal skills with the ability to interact effectively with senior leadership and external stakeholders. Proven leadership abilities with a track record of managing teams and leading complex projects. Strong negotiation skills, particularly in securing favorable terms with financial institutions.