Jai Vachhaitani

About Jai Vachhaitani

Chartered Accountant with 14 years of rich experience in Treasury, Corporate Finance…

Experience

1. General Manager - Treasury & Finance

   Vodafone Idea Limited

   Aug 2024 — Present · Mumbai, IN

   Managing the end-to-end treasury function with a strategic focus on liquidity, cash flow management, banking relationships, project finance, treasury process and ensuring uninterrupted access to required fund or non-fund-based credit lines. I work closely with leadership to secure funding for long term capex. A key highlight has been coordinating with rating agencies to successfully upgrade the company’s credit rating from BB+ to strengthening our financial standing and lender confidence. My role extends to optimizing finance costs, and enhancing governance, ensuring the treasury function remains a value enabler for business growth. • Ensured availability of credit limits for Capex and operational LCs/BGs to support business continuity.• Managed strategic banking relationships, driving confidence among lenders and financial partners.• Oversaw business cash flow management, ensuring liquidity and efficient allocation of funds.• Prepared and managed Treasury MIS for accurate, timely reporting to senior management.• Coordinated with rating agencies and successfully improved credit rating from BB+ to Actively involved in strategic decision-making for fund-raising related to future capex projects.• Optimized borrowing and interest costs through effective budgeting and negotiations.• Strengthened compliance with RBI regulations and internal governance to mitigate financial risks.

Skills

• Internal Audit
• Risk Based Audits
• Financial Audits
• Internal Controls
• Statutory Accounting
• Financial Reporting