Treasury Business Partner ISC

Overview

Treasury Business Partner for the ISC market, serving as the primary treasury contact in India and covering other countries across the region, reporting to the Head of Treasury for ISC & META.

What you'll do

• Manage all cash management functions including cash concentration, wires, account funding.
• Ensure adequate liquidity for working capital needs and invest short term excess cash.
• Manage inter-company cash, including inter-company lending, dividends, and capital injections.
• Oversee cash and foreign exchange exposure management.
• Manage banking and financial institution relationships, set up and manage credit limits, and negotiate bank and service fees.
• Implement new banking technologies, products and services to improve cash cycle and simplify treasury operations.
• Manage and scale up the supplier financing program.
• Ensure compliance with internal controls, policies and procedures.
• Ensure adherence to Indian Central Bank guidelines relating to Imports, Exports and Foreign Direct Investment.
• Ensure timely filing of all banking related regulatory reporting.
• Support discussion and negotiation with banks for cash management, foreign exchange, trade finance, investments and borrowings activities.
• Support capital restructuring activities in India and META region.
• Provide business insight and local-market expertise to the central Treasury team and coordinate closely with relevant stakeholders.

What you'll need

• Prior treasury or banking experience.
• Minimum 8–10 years of relevant experience, preferably with a reputable multinational corporation or large Indian company.
• Strong commercial orientation, with the ability to understand business performance, articulate key drivers, and translate them into financial and treasury implications.
• Sound understanding of financial markets and their impact on the organization.
• Ability to build and sustain effective relationships with internal and external stakeholders.
• Strong analytical, influencing, and communication skills, with the confidence to represent the company before customers, banks, and industry organizations.
• A collaborative team player who takes ownership and holds self and others accountable for results.
• Strong networking, stakeholder-management, and communication capabilities.
• Ability to effectively leverage approved AI and digital tools to improve analysis, automate routine activities, generate insights and enhance treasury processes, while applying appropriate human judgment and Philips responsible-AI requirements.

Nice to have

• Chartered Accountant or MBA in Finance.
• Prior experience with the activities listed above.

Details

• Location: Gurgaon.
• Hybrid work: on average at least 3 days working from the office and up to 2 days from home for full-time employees.