Treasury & Forex - Other
ITC LimitedJob Highlights
Required Skills
Job Description
Role Summary: The Treasury & Forex professional will be responsible for managing the company's foreign exchange exposure, optimizing cash flow, and ensuring efficient management of financial risks related to currency fluctuations. This role is critical in supporting ITC's extensive import and export operations within the food processing and FMCG sectors.
Key Responsibilities:
Monitor and analyze foreign exchange market trends and their potential impact on the company's financial performance.
Develop and implement hedging strategies to mitigate currency risks for import and export transactions.
Manage relationships with banks and financial institutions for forex transactions and credit facilities.
Optimize cash management and working capital by forecasting cash flows and managing liquidity across various entities.
Ensure compliance with all relevant foreign exchange regulations and internal policies.
Prepare regular reports on treasury activities, forex exposures, and risk management for senior management.
Assist in evaluating and implementing new treasury technologies and systems.
About ITC Limited
ITC Limited is one of India's foremost private sector companies with businesses in Hotels, Paperboards & Packaging, Agri Business, Information Technology, and Fast Moving Consumer Goods (FMCG). Established in 1910, ITC has a long and distinguished history of serving the nation. The company's diverse portfolio spans across multiple sectors, with a strong focus on sustainability and creating shareholder value. ITC's Agri Business division is a significant player in the Indian food processing sector, sourcing agricultural commodities and transforming them into value-added products for both domestic and international markets.
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