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The Treasury & Insurance Function Manager will be responsible for managing the company’s liquidity, funding, and financial risk, as well as developing and overseeing the company’s insurance strategy. This role ensures efficient cash management, optimal capital utilization, effective risk mitigation, and compliance with financial and insurance regulations. The position requires close coordination with finance, operations, supply chain, and corporate leadership teams.
Key Responsibilities
Treasury Management
- Oversee daily cash management operations, including cash positioning, forecasting, and intercompany fund flows.
- Manage short-term investments, working capital, and borrowing to ensure adequate liquidity for business operations.
- Develop and maintain treasury policies and procedures aligned with corporate governance.
- Support capital expenditure (CAPEX) planning and funding, including evaluating financing options for large manufacturing projects.
- Prepare monthly and quarterly treasury reports for management and the Board.
Insurance & Risk Management
Develop and implement the company’s insurance and risk management framework.Manage relationships with insurance brokers and carriers to ensure comprehensive coverage (e.g., property, product liability, employee benefits, marine, and business interruption).Conduct periodic insurance policy reviews to ensure optimal coverage and cost-effectiveness.Lead the insurance renewal process and coordinate claims handling with relevant internal stakeholders.Identify and assess financial and operational risks (supply chain, credit, product liability, etc.) and recommend mitigation strategies.Support internal risk control programs and ensure compliance with company risk policies.Ensure treasury and insurance operations comply with local regulations and corporate policies.Collaborate with auditors and regulators on treasury and insurance matters.Support CFO in financial planning, debt management, and capital structure optimization.Drive continuous improvement initiatives in treasury systems, reporting, and risk controls.Qualifications & Experience
Education : Bachelor’s degree in Finance, Accounting, Economics, or related field (MBA, CA, CMA & CFA preferred).Experience : 8–12 years of experience in treasury, corporate finance, or insurance management; manufacturing industry experience strongly preferred.Skills :Strong understanding of cash flow management, banking operations, and financial risk management.Knowledge of insurance markets and claims handling.Experience with ERP and treasury management systems (SAP, Oracle, Kyriba, etc.).Analytical, detail-oriented, and strategic thinker.Excellent communication and negotiation skills.Financial acumen and strategic planning.Risk assessment and mitigation.Leadership and cross-functional collaboration.Integrity and compliance focus.Performance Metrics
Accuracy of cash forecasts and liquidity management.Cost savings through optimized banking and insurance arrangements.Timely and effective claims resolution.Compliance with treasury and insurance policies.Risk reduction and improved coverage ratios.#J-18808-Ljbffr