Single point of contact for Cash Management to all Cognizant entities in North and South America.
Custodian of Americas cash, bank accounts, cash management relationships in the region.
Responsible for opening, maintaining and closing of bank accounts for the Americas. Completes all cash management documentation, set-up documentation and KYC for all bank accounts and signatories to the bank accounts.
Maintain sufficient daily liquidity for all Americas entities by managing the Intercompany flows investment and redemption from overnight investments
Prepares daily monthly and quarterly cash flow forecasts and identifies and evaluates variances on periodic basis.
Monitors cash transactions and any unusual items are investigated
Ensure settling financial obligations with banks through settlement of FX Spots and Forward Contracts
Support the Corporate development team on all acquisitions in Americas and followed up with completing the integration activities
Support the investment manager in his decisions on investments based on the cash forecast.
Continuously review and propose improvements in company’s cash management structures with eye to driving best practices.
Provide backup support as needed, for other geographies.
Work with Tax and Legal to ensure appropriate funding/capital structure for Cognizant affiliate in the Americas. Cognizant Americas entities
Support business for SBLC requirement, trade products etc.
Maintain relationship with key banks for Cognizant and conduct regular meetings with the banks. Select and propose new banking requirements to the Senior Management in new and existing geographies. Propose and negotiate bank charges with the bank for the services rendered by them globally.
Assist in the origination and execution of Institutional Term Loan and bond transactions as well as other strategic assignments.
Develop a strong working knowledge of the company’s capital structure
Bachelor’s degree/ Masters degree with 5-8 years’ experience in Cash Management, Global Treasury Operations.
Professional Certification like CTP (Certified Treasury Professional) or CertICM (Certificate in International Cash Management) or CFA (Chartered Financial Analyst) is desirable
Experience working in global business environment across geographies is a plus.
General knowledge of cash accounting practices and financial statement analysis required.
Prior experience in working for debt capital markets, working with rating agencies, debt management & bank syndication is a plus
Cognizant (NASDAQ-100: CTSH) is one of the world's leading professional services companies, transforming clients' business, operating and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant is ranked 205 on the Fortune 500 and is consistently list...ed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com or follow us @Cognizant