Assistant Manager Treasury

Limagrain is a global company with deep local roots. Our parent company is an agricultural cooperative based in the Limagne-Val d’Allier plain, in the heart of Central France’s Auvergne region, while we are an international seed and agri-food group with some 9,600 employees working in 53 countries.

As the 4th largest seed company in the world, we achieved sales of 2.522 billion euros in 2023-2024, with additional sales of 729 million euros from activities carried out in collaboration with our strategic partners.

HM.CLAUSE is a business unit of Limagrain (https://www.limagrain.com/), an international co-operative agricultural group, specializing in field seeds, vegetable seeds and cereal products.

With a team of 2,800 professionals in over 30 countries, we are dedicated to the sustainable solutions for the land, successful products for our customers, and intensive research and innovations for the future. HM Clause is a leading vegetable seeds company with successful product development for more than 200 years. Headquartered in France we have operations across countries like Mexico, USA, France, Spain, Italy, India, Vietnam and Thailand. We have a diverse set of customers, across regions, who engage with us at various touchpoints, to gain more information about our products and benefits. Considering our products are launched after years of R&D and the impact on the customer’s life is significant, our communication has been largely product benefits-led. In India, we have been operating for last 10 years and are known for our commercial brand – Clause seeds.

Function Finance

Main Goal The Treasury Executive is responsible for managing the organization's treasury and cash management activities to ensure adequate liquidity for business operations. The role oversees cash flow forecasting, payment processing, banking relationships, treasury controls, and financial risk management while ensuring compliance with internal policies and regulatory requirements.

Job Description

• Treasury Operations (Regular Activities)
• Process vendor payments, employee reimbursements, and other business-related payments in a timely manner.
• Ensure timely payment of statutory dues including:

Provident Fund (PF) Professional Tax (PT) Employee State Insurance (ESI) Tax Deducted at Source (TDS) Goods & Services Tax (GST) Customs Duty and other government levies.

• Process import and export payments for goods and services by submitting required documents such as:

Form 15CA / 15CB; Form A1 / A2 ; FEMA-related documentation.

• Coordinate and liaise with banks for all treasury and banking matters.

• Monitor and ensure timely closure of IDPMS and EDPMS transactions.

• Verify and reconcile bank charges, interest, and other banking-related debits.

• Prepare Bank Reconciliation Statements (BRS) on a regular basis.

• Monitor cash balances and optimize utilization of surplus funds through Fixed Deposits (FDs) and other approved investment instruments.

• Ensure compliance with internal treasury policies, banking regulations, and FEMA requirements.

• Treasury Reporting & Analysis

• Prepare and circulate Daily Cash Position Reports.

• Prepare monthly treasury reports and liquidity forecasts within specified timelines.

• Monitor cash flow movements and perform variance analysis against budgets and forecasts.

• Support annual, statutory, internal, and tax audits by preparing treasury schedules and documentation.

• Assist management with cash flow planning and working capital optimization.

• Generate treasury-related MIS reports for management review.

• Hands-on experience in ERP systems such as SAP, Oracle, JD Edwards (JDE), or equivalent.

• Strong Microsoft Excel skills, including Pivot Tables, VLOOKUP/XLOOKUP, formulas, and reporting.

• Good understanding of:

• Treasury operations

• Cash flow management

• Banking processes

• FEMA regulations

• GST and Income Tax provisions

• Import and Export payment processes

Skills Accountability

Collaboration

Entrepreneurship

Respect

Budgets/Cost Control

Adaptability/Flexibility

Communication

Computer Skills

Decision Making/Judgment

Dependability

Global Perspective

Integrity/Ethics

Internet Savvy

Job Knowledge

Listening Skills

Managing Conflict

Your Benefits And Working Environment

• Career Growth
• Diversity and Inclusion
• Gender Equality
• Employee Wellness
• Training and Development
• Safer Workplace
• Rewards and Recognition

Recruitment process HM.CLAUSE committed to fostering a diverse and inclusive workplace where everyone feels valued, respected, and empowered to thrive

• Profile Screening
• Phone screening
• Interviews - 3 rounds
• Offer Discussion
• Offer Letter Issue
• Background Verification
• Pre Employment Medical Checkup
• Onboarding