GM - Group Corporate Treasury & Finance

Responsibilities & Key Deliverables

Purpose of the Role

As a part of the Group Corporate Treasury & Finance at Mahindra & Mahindra Ltd, you will lead the strategic management of Banking and Treasury functions across the entire Mahindra Group. This critical role requires overseeing the financial operations to ensure optimal liquidity, safety, and returns, while driving forward innovative digitisation and technology initiatives within treasury.

Key Responsibilities and Accountabilities

• Banking Relationships: Establish, nurture, and strengthen robust partnerships with key banking institutions to facilitate seamless financial transactions and collaborations for the Group.
• Fund Requirements: Assess and secure both fund and non-fund based credit lines and financial products essential to meet the diverse capital needs of Mahindra Group companies.
• Investment of Surplus Funds: Strategically manage and invest surplus funds across the Group, with a primary focus on maximizing safety, maintaining liquidity, and delivering competitive returns. This includes oversight of the Employee Provident Fund’s portfolio.
• Statutory Compliance: Ensure strict adherence to all regulatory mandates including Reserve Bank of India (RBI) and Foreign Exchange Management Act (FEMA) regulations to avoid compliance risks.
• Capital Allocation: Oversee all Inter Corporate Deposits (ICDs) within the Group, ensuring compliance with Related Party Transactions (RPT) guidelines and Companies Act provisions.
• Trade Financing: Facilitate and optimize trade finance arrangements including Management of Bank Guarantees and spearhead digitisation efforts aligning with import & export financing processes.
• Macroeconomic Analysis: Provide proactive updates and insightful analysis on macroeconomic trends to senior leadership to support informed and strategic decision-making.
• Technology & Digitisation: Lead treasury-related innovation projects aimed at digital transformation, enhancing automation, operational efficiency, and transparency in financial processes.

In addition to these responsibilities, you will play a vital role in cross-functional collaboration with internal stakeholders and external partners, ensuring that treasury operations align with the Mahindra Group’s strategic financial goals.

Experience

The ideal candidate will bring approximately 15 years of post-qualification experience predominantly within treasury management roles, preferably within a large conglomerate or diverse business environments. Experience working in bank treasuries or financial institutions will be highly valued.

Extensive exposure to treasury operations encompassing banking relationships, fund management, statutory compliance, and trade finance is essential. Candidates with a proven track record of leading treasury digital transformation and technology enablement are preferred.

Demonstrated expertise in macroeconomic analysis, capital allocation, and regulatory compliance within Indian financial markets will equip the candidate to succeed in this critical role.

Experience managing teams and collaborating effectively across multiple departments and external organizations is also crucial to ensure delivery of strategic objectives.

Industry Preferred

The role is best suited for professionals with deep experience in conglomerates, large-scale manufacturing, or diversified industrial groups such as those operating across automotive, agriculture, and infrastructure sectors.

Preference will be given to candidates with experience in banking or financial services, particularly those who have managed corporate treasury functions within multinational or leading Indian banking institutions.

Exposure to companies operating in sectors with large capital requirements and complex financial workflows will provide valuable insights aligned with the responsibilities of this position.

Experience in industries where compliance with RBI and FEMA regulations is critical will also be beneficial.

Qualifications

Educational and professional qualifications required for this position include:

• Chartered Accountant (CA): Full qualification with demonstrated expertise in corporate finance and treasury functions.
• MBA: Preferably with a focus on Finance, Accounting, or related disciplines, adding strategic business acumen to technical expertise.

Additional certifications or training in treasury management, risk management, or financial regulations will be considered advantageous.

The candidate should be committed to continual professional development, staying current with evolving regulations, financial technologies, and best industry practices.

General Requirements

• Relationship Management: Demonstrated ability to build, develop, and maintain trusted relationships with a broad range of banking partners, mutual funds, and financial institutions, ensuring strategic alignment and operational efficiency.
• Multi-tasking and Prioritisation: Proven capability to manage multiple projects and responsibilities concurrently without compromising on quality or deadlines.
• Team Leadership: Experience in inspiring, developing, and leading diverse, high-performing teams fostering a culture of collaboration and continuous improvement.
• Corporate Exposure: Extensive background working within large corporates or banking environments known for stringent governance and sophisticated treasury operations.
• Communication Skills: Exceptional verbal and written communication skills to effectively interface with senior management, external stakeholders, and internal teams.

Additional desirable traits include analytical thinking, problem-solving orientation, strategic mindset, adaptability to change, and a strong ethical foundation ensuring compliance and transparency in all treasury dealings.

Our commitment to Diversity, Equity, and Inclusion

Our Commitment to Diversity, Equity, and Inclusion

At Mahindra & Mahindra Ltd, we are firmly committed to fostering an inclusive and collaborative workplace where every individual feels valued, respected, and empowered to contribute their best. Diversity in all its forms—be it race, ethnicity, gender identity, age, ability, sexual orientation, or cultural background—is celebrated and viewed as vital to our innovation and success.

We actively strive to provide equal opportunity in recruitment, development, and advancement decisions, ensuring that all employees have access to resources and support conducive to their growth and well-being.

Our policies encourage open dialogue, transparent communication, and accountability towards building a culture that embraces differences and promotes fairness. We are dedicated to creating an environment where everyone can thrive and help transform challenges into opportunities for positive impact within our teams and the communities we serve.