Job Description

Job Responsibilities: Treasury: Review of daily Cashflow Statement of each entity to plan the daily investments Review monthly and annual cashflow statement of each entity for planning of investments and borrowings Review of bank wise investment limits and ensure that the investments are line with the HO and Board approved limits. Monitoring and review of the Treasury SOP Implementation cash management systems in order to optimize efficiencies Maintaining the relationship with banks and ensuring that all banks see DPW as a top notch investment opportunity Risk Management Ensuring the that the interest rate risks are monitored and mitigated in line with the Global Treasury Policy Monitoring and mitigating of exchange rate risks. Availing Term Loan and Working Capital Limits: Review of capex of each of the entities and formulating the financing plan for funding of the capex. Review of working capital requirement (fund and non fund based) of the entities and setting of additional limits as and when required. Review debt refinancing requirements and plan for the same well in advance Working closely with Banks and Financial Institutions, both domestically and overseas for Fund raising (Fund-based and Non Fund based facilities) Negotiating the terms of the financing facility being sourced Complete all formalities and documentation in co ordination with HO Treasury. Alignment of various internal and external stakeholders on the funding plan Compliances Ensuring all certificates with respect to Financial Covenants, Unhedged Foreign Currency Certificate, ECB 2 returns end use certificates, etc and provided as per the terms of the financing. Ensuring all the covenants as per the facility agreements have been complied with Ensuring the investments in fixed deposits and MF are as per the approved limits and with credit worth banks / AMC as per the board approvals. Credit Rating Monitoring of credit rating of the entities Ensure the credit rating of debt is done as per the terms of the facilities. Dealing and maintaining relationship with rating agencies for Corporate and Instrument Credit Rating and finding avenues to improve credit rating. Presentation and Reporting: Ensuring the required information to the bank / external agencies is submitted within the agreed timelines. To monitor CMA, monitor sanction compliances, in co-ordination with the BUs. Cost Reduction: Review the cost of borrowing and look at opportunities for reduction in the cost of borrowings. Review bank charges and rationalize the same. Legal Documentation Compliances: Timely completion of documentation, and compliance with formalities to ensure speedy disbursement of the sanctioned facilities. Due compliance with all covenants stipulated by the lenders/Investors.

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