Raj Kumar

About Raj Kumar

Results-driven Treasury professional with 9+ years of experience in managing cash flow…

Experience

1. Sr Joint Manager Treasury

   Dabur India Limited

   Feb 2024 — Present · New Delhi, IN

   Managed daily cash flow, liquidity, and intercompany settlements, ensuring timely payments and optimizing surplus investments in Mutual Funds (MF) and CBLO through precise MIS checks and cash flow forecasting.• Spearheaded Treasury budgeting and variance analysis for Other Income and Overheads, driving accurate financial planning.• Analysed and raising funds from short-term and long-term funding via WCDL, SBD, Factoring, Commercial Paper, ECB, and Trade Finance instruments (LC, BG, LC Discounting, Buyer’s Credit, Supplier’s Credit, CROMS, CBLO).• Established strong banking relationships to secure working capital and long-term funding, negotiating sanctions, agreements, securities, and covenants.• Optimized credit limit utilization and borrowing costs across consortium/multiple banks while tracking loan movements.• Implement Innovative non-recourse finance structures with cost reduction ideas like Factoring, Import & Export LC discounting, unsecured Bill discounting, Reverse Factoring on RBI TReDS platforms by encourage Vendors to get payment through Cash discounting to minimize the financing cost & Banking Exposure.• Sharing relevant information with bank for renewal/enhancements, timely submission of stock statement, UFCE, ECB-02, & RBI Annexures I & compliances related FEMA/ODI etc.• FX Spot & forward Booking for inward/outward remittance, hedging, interest rate swaps, MTM valuations, derivatives reconciliation, and hedge accounting with timely compliance.• Liaoning with Credit Rating Agencies for timely submission of NDS, Surveillance & review data.• Regularly review Treasury & Investment Policies, SOPs by ensuring good adherence, schedule Investment & FX Committee, preparation & circulations of the Minutes.• Identified and automated manual processes to enhance operational efficiency.• Facilitated internal and statutory audits of Treasury, ensuring timely resolution of queries.