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Senior Manager Treasury - Mumbai

Employer
Nivoda
Location
Mumbai Mumbai, Maharashtra Maharashtra, Maharashtra, India
Salary
Competitive Salary
Closing date
Feb 28, 2024

View more

Job Role
Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Nivoda is looking for a strong Treasury Manager, to assist the Finance department in making payments globally and managing our liquidity positions and foreign exchange exposure. The role is based out of Mumbai (BKC) and you will be reporting directly to the global Head of Accounting, Jean-Paul Smit. Duties will include: managing cash flows globally, executing payment runs and monitoring our foreign exchange exposure.

About Nivoda

Nivoda is the leader in B2B jewellery, driving innovation within the global jewellery industry. We leverage our online platform to connect buyers and sellers, offering a transparent, efficient, and cost-effective platform for trading jewellery. With sales growth of over 150% in the last twelve months and our team expanding from 150 to 300 FTE globally, Nivoda is revolutionising the way jewellery is sold and bought. As our Senior Manager Treasury, you will play a vital role in this exciting journey.

Key

Responsibilities:


Cash Management & Operations:
  • Oversee day-to-day cash and liquidity management processes. For Nivoda’s 10 legal entities globally
  • Monitor working capital trends and build and regularly update short-term cash forecasting models.
  • Facilitate financial transactions, execute payments.
  • Evaluate and execute foreign exchange transactions
  • Make sure excess cash is kept in deposits and savings accounts to maximise yield.
  • Offer reports to senior leadership focusing on cash operations, liquidity status, and financial risks.


Banking Relationships:
  • Foster and maintain relationships with banking partners, financial service providers, and payment gateways.
  • Negotiate and optimise bank and service charges.


Risk Management and compliance:
  • Develop and implement treasury-specific policies and protocols such as maker-checker policies and limit setting.
  • Ensure rigorous adherence to internal standards, legal stipulations, and external regulations.
  • Manage access to payment methods and ensure no unauthorised payments are made.
  • Ensure payments are made in line with budgets and purchase order policies.


Required Qualifications:
  • Bachelor's degree in Finance, Accounting, or a related discipline. An MBA or Master's degree is desirable.
  • A minimum of 5+ years in finance and ample experience in corporate treasury, banking, or a related financial domain.
  • CTP (Certified Treasury Professional) qualification is advantageous but not obligatory.
  • Skilled in Microsoft Office, particularly Excel, Netsuite experience is advantageous.
  • Stellar communication coupled with impressive interpersonal skills
  • An eye for detail and commendable organisational skills.
  • Adaptability to thrive in dynamic, fast-paced settings.
  • A proactive, autonomous thinker.


What you’ll get
  • A market conform salary as well as the opportunity to earn share options.
  • Be an essential part of building out the finance function of the leading b2b commerce company in global jewellery.
  • Join a company that has just raised series B and has grown sales at triple digit pace for 5 years straight.
  • Opportunity to join a company en-route to IPO at a relatively early stage, including opportunity to build up a meaningful equity stake.
  • Enjoy a huge amount of freedom to design the function as you see fit and work with very little hierarchy.
  • Join an amazing team of professionals who next to delivering great work deeply care about mutual respect and having fun.
  • A rising tide lifts all boats, Nivoda super fast growth creates the perfect basis to grow and learn.
  • As a part of our commitment to employee well-being, we provide healthcare benefits for you and your family, complementary lunches for employees working from the BKC office and unlimited holiday allowance
  • Statutory benefits like PF & Gratuity etc.
  • Work in an international environment, with colleagues from all over the world.
  • An internationally oriented leadership role.
  • Opportunity to work in a hybrid mode with flexible working hours.

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