Manager - Cash Management

JOB DESCRIPTION
 

1. JOB PURPOSE
Preparing Daily Cash Flow and communicating to Fund Managers, Monitoring of fund inflow in various banks for Liquid
/ Debt / Equity transaction and reporting Co-ordination with all Customer Service Team / Branch Coordinator across all
locations, R&T agents, banks for resolution of queries relating to collection/redemption/transfers.
 

2. PRINCIPAL ACCOUNTABILITIES
1. Reporting and coordination:
• Preparing Daily Cash Flow and communicating to Fund Managers.
• Uploading various reports in Cash Management System.
• Identifying , verifying and timely utilization of all scheme wise collection in various bank account promptly.
• Responsible for timely redemption payout to all investors, funding respective bank scheme accounts,
movement of fund from various collection account to operating account and transferring funds to scheme
wise custody account on a timely basis.
• Monitoring of fund inflow in various banks for Liquid / Debt / Equity transaction and reporting the same to
Fund Manager through Cash Flow System.
• Verifying all purchase transaction received in Cash Flow System and matching the credit received in various
bank with the transaction received, ensuring all transaction are reported in Cash Management System by all
Investor Service Executives.
• Preparing bank instruction and upload -electronically / through secured mode as per the format of bank and
ensuring timely authorization of collection ensuring all transaction are processed by the bank before the RTGS
/ NEFT cut off time.
• Co-ordination with all Customer Service Team / Branch Coordinator across all locations, R&T agents, banks for
resolution of queries relating to collection/redemption/transfers.
• Interacting with bankers with regard to the daily bank transactions.
• Preparation of projected / daily estimated Funding (Redemption outflow) and reporting the same to fund
managers.
• Audit coordination (Annual / Concurrent /Internal / External )
• Acting as a backup for Settlement desk.
 

2. Reconciliation:
• Coordination with Custodian / Fund Accountant / RTA Agent for Reconciliation and ensure that breaks, if any
are resolved within stipulated time.
3. Research:
▪ Researching, as assigned, on the automation and product offered by different Banks relating to Industry.
 

3. DECISIONS
• Implementation of New Regulations issued by SEBI, RBI, FIU and AMFI from time to time.
• Ensuring Banking Relations are maintained and coordinated.
 

4. CHALLENGES
• Process Adherence & Data Accuracy at Custodian/ Bank levels
• Timely submission Cash Flow to Fund Managers
• Reconciliation Controls and
• Audit coordination (Annual / Concurrent /Internal / External )
 

5. INTERACTIONS
 

Internal Clients
Roles you need to interact with inside the organization to enable success in your day to day work
▪ Internal teams like RTA Operations, Investments, Sales, Compliance & Risk, CEO Office etc.
 

External Clients
Roles you need to interact with outside the organization to enable success in your day to day work
▪ Fund Administrations and Custodians
▪ Banks & Payment Aggregators
▪ RTA Team & KRAs
▪ Auditors and Vendors
 

6. SKILLS AND KNOWLEDGE
a) Qualifications
Batchler of Commerce or Master of Commerce or any other equivalent qualification
 

b) Work Experience
▪ Approximately 8 to 10 years work experience (8 Years managing MF Schemes either directly or through
vendors)
▪ Strong knowledge of Banking operations
▪ MS Office Suite Proficiency – Preferably knows to write excel macros
 

c) Behavioral skills:
▪ Strong team player, organized and possess high attention to detail
▪ Excellent communication and interpersonal skills
▪ Orientation to servicing and managing stakeholders
▪ Self-starter and high energy levels
▪ Positive and enthusiastic
▪ Strong professional credibility, integrity
▪ Resourceful
▪ Managing conflicts
▪ Good listening skills – Will challenge constructively and respond well to feedback
▪ Ability to deal with ambiguity