Treasury Manager, SAPSSA
- Full-time
Company Description
ABOUT AVERY DENNISON CORPORATION
Avery Dennison Corporation is a global leader in labeling and packaging materials and solutions. The company’s applications and technologies are an integral part of products used in every major market and industry. Avery Dennison serves customers with insights and innovations that help make brands more inspiring and the world more intelligent.
> Founded in 1935. A FORTUNE 500 ® Company with sales of $6.0 billion in 2015
> Global Operations in 50 countries with two industry leading business-
> Label And Graphic material (LGM) - a global leader in the design and manufacture of pressuresensitive and non-adhesive coated papers, films and foils that are widely used in brand identity, bar-code labeling systems, product identification and other applications by label converters, consumer product companies, and others.
> Retail Branding and Information Solutions (RBIS) - provides sustainable, intelligent and creative services and solutions that elevate brands and accelerate performance throughout the global retail supply chain.
For more information, visit www.averydennison.com
Job Description
ABOUT YOUR ROLE:
The general purpose of the role is to perform and oversee the treasury operations of the countries in South Asia Pacific and Sub Saharan Africa (SAPSSA). Work towards to optimize the cash resources, reduce currency exposure and minimize interest costs.
Key responsibilities:
Drive optimal cash flow forecasting and track accuracy against the same
Drive optimal interest cost and hedging cost.
Structured finance on the vendor and supplier side to unlock company’s resources and improve the health of the Balance Sheet.
Risk Management – Understanding and minimization of various business and financial risks.
Relationship Management with various fund houses, Banks, Government authorities including RBI & various financial institutions.
Active FX management – Lead FX exposure forecast and use FX hedging to mitigate risk within the framework of corporate policy
Manage export related requirements / reporting as per FEMA and RBI. Manage L/Cs and Bank guarantees with banks.
Manage board resolutions and other banks and RBI requirements.
Independent coordination with Regional Treasury team and handling regional reporting and related queries
Coordination with Auditors, Banks for Yearly and Quarterly FX certifications
Handle general ledger treasury accounting and related audits
Maintain policies and procedures that impose an adequate level of control over treasury activities
AVERY DENNISON IS AN EQUAL EMPLOYMENT OPPORTUNITY PROVIDER
Qualifications
Qualification and Experience
Qualified Chartered Accountant with 4 to 6 years work experience in Treasury, Forex Management for Assistant/Dy. Manager position
Sound understanding of Credit Risk, Treasury Operations, Accounting and Reconciliations.
Experience of working in a multinational company environment
Experience of working in ERP environment
Strong Microsoft Excel, PowerPoint and Access skills.
Good project management and negotiation skills
Strong communication skills with superior ability to express
Strong analytical skills
Self-initiative and quick learner