Ankith Lokhande

Experience

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  Himatsingka Group

  Oct 2021 - Apr 2023

  Assistant Manager Treasury

  ● Processing Vendor import payment.● Applying for Pre-Shipment & Post Shipment Loan. ● Well conversant with, FEMA and RBI guidelines for executing fund & non-fund based product. ● Bill discounting for export transaction & handling of Export Collection bills and subsequent settlement under URC-522.● Clearing all shipping bills from EDPMS portal.● Responsible for gathering & reporting fund position of company, Borrow in case of fund requirement and Investment if surplus fund in cash flow. ● Bank accounts Opening/Closure/Signatory Update as and when required. ● Perform KYC timely for all bank accounts. Internet banking portal, user maintenance, addition/deletion/updates of user access.● Support in documentation for new credit line/amendment with bank. ● Would be responsible for various treasury related MIS such as Forex, Treasury, Debt & Interest rate. ● Supporting activity related to all banking transaction & Helping team in closing BRS regularly. Show less

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  TMRW House of Brands

  Apr 2023 - Jan 2024

  Treasury Associate

  ● Managing daily cash flows, banking operations and ensuring the sufficiency of Working Capital (WC) Limits of ABDFVL and its subsidiaries. ● Handling cash liquidity through meticulous cash forecasting for ABDFVL and its subsidiaries. ● Optimized and refined processes within the treasury and banking operations ● Strategically investing idle cash with Bank & AMC’s. ● Establishing new short/long term credit lines with financial institutions. Skillfully negotiating credit terms and interest rates with financial institutions. ● Daily monitoring of account balances and cash positioning across all bank accounts. ● Maintaining active relationships with 4-5 banks, MFs, etc. to meet the treasury requirements. ● Developing and maintaining a comprehensive bank tracker for both cash inflows and outflows. ● Maintaining a consolidated debt tracker to monitor the overall debt position.● Implementing a consolidated interest tracker to analyze interest costing effectively.● Co-ordinated with credit agencies for submission of data for the withdrawal and renewal of credit ratings.● Manage bank accounts in account opening/closing process and support operating units with banking services.● Monthly submission of treasury reports to ABFRL (head office). ● Co-ordinate with Corp treasury for requirement of ICD Management of agreement & Rollover as & when required. ● Managing Forex Operations for inward & outward remittances in Bank portal.● Ensuring all statutory payments should go on time. ● Providing support for activities pertaining to various banking transactions.● Facilitated foreign currency payments for capital account transactions. Show less

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  Bajaj Finserv

  Feb 2024 - now

  Unit Manager Treasury