Vitasta Consulting Pvt Ltd
Location
Hyderabad | India
Job description
Qualifications:
Bachelor's degree in accounting finance or a related field. A professional accounting
designation (e.g. CPA) is advantageous.
Prefer experience in cash management treasury operations or a similar role.
Strong understanding of financial principles cash flow management techniques and
banking procedures.
Proficient in financial analysis budgeting and forecasting techniques.
Familiarity with the following ERP systems (Procas QuickBooks D365 Office 365
SAP Oracle Great Plains) or something similar.
Proficient in Excel
Excellent analytical skills with a keen attention to detail.
Strong communication and interpersonal skills to collaborate with crossfunctional teams.
Ability to adapt to changing priorities meet deadlines and work under pressure.
Key Responsibilities:
Monitor and forecast cash flow positions to ensure sufficient liquidity for daily operations
and strategic initiatives.
Analyze cash inflows and outflows identify trends and propose strategies to optimize
cash utilization.
Understand the process of Intercompany accounting subsidiary accounting and
elimination.
Proficient in vendor payments employee travel reimbursement payments and invoicing.
Coordinate with departments to gather relevant information on cash requirements and
anticipated cash inflows.
Perform regular reconciliations of bank accounts ensuring accurate and timely recording
of transactions.
Investigate and resolve discrepancies such as unrecorded transactions bank errors or
unusual activities.
Prepare bank reconciliations and related financial reports for management review.
Develop cash forecasting models to predict future cash flows and maintain cash flow
projections.
Collaborate with finance and treasury teams to align cash forecasts with budgetary goals
and operational requirements.
Identify potential cash shortfalls or surpluses and recommend strategies for managing
liquidity effectively.
Manage relationships with banking partners and maintain knowledge of banking products
and services.
Oversee banking transactions including wire transfers payments deposits and account
opening/closing activities.
Ensure compliance with banking regulations and internal policies for cash management
activities.
Assess and mitigate cashrelated risks such as foreign exchange exposure interest rate
risks or credit risks.
Develop and implement cash management policies and procedures to safeguard the
organization's assets.
Monitor and evaluate the performance of investment portfolios and recommend
adjustments as needed.
Prepare periodic financial reports related to cash management including cash flow
statements variance analysis and liquidity metrics.
Contribute to the preparation of annual financial statements audit processes and
regulatory compliance reporting.
Conduct financial analysis to identify areas for improvement costsaving opportunities
or risk mitigation strategies.
Job tags
Salary
