Interim Group Treasurer — Automotive Cash-Pool Sweep and Intercompany Funding Continuity

The mandate

An automotive group has centralised cash concentration across six entities and needs an executive treasury owner while daily sweep operations are stabilised. Different currency cut-offs and local payment buffers are producing funding requests that conflict with expected sweeps. The interim Group Treasurer will hold the operational treasury seat, resolving daily pool and intercompany funding decisions inside the approved arrangement while exposing any structural dependency that needs higher approval.

The executive bridge starts on 26 October 2026 for a fixed nine months without extension. A permanent group treasurer is being recruited alongside the assignment. The team must distinguish money expected to enter the pool from cash actually received and usable for an authorised funding need. A missed collection or late sweep cannot be counted as available merely because an automated schedule or group forecast expected it to arrive before the funding cut-off.

Handover requires successor-led end-of-day pool reconciliations and demonstrated recovery from a failed sweep, a late receipt and a duplicate instruction. Entity controllers must accept the associated intercompany cash and interest evidence, with timing differences and unresolved items assigned to clear owners. The permanent treasurer must operate the next ordinary funding day and a holiday-disrupted cycle without the interim reconstructing cash movements or informally deciding which entity can wait.

Twenty-four treasury staff work with six entity finance interfaces from the onsite Pune base. The interim can sequence approved sweeps, retain documented local operating buffers and execute intercompany funding within agreed limits and confirmed rights. New participants, changed pool structures, material limit increases and departures from approved financing terms require CFO or board approval. Controllers determine accounting treatments and qualified legal and tax owners validate the arrangements; daily operating urgency does not enlarge treasury's authority.

The assignment excludes bank signatory or authority redesign, changes to investment eligibility policy, hedge strategy and market refinancing. Existing permissions and pool agreements are sponsor-supplied starting conditions. Limited operating workflow repairs belong in scope where they make sweeps, funding requests and reconciliation reliable. The exit must leave an ordinary treasury rhythm with controlled manual fallback and clear escalation, not a pool that appears balanced only because unexpected transfers and missing interest evidence are repeatedly repaired after reporting has closed.

What you will own

• Establish the daily pool position from actual bank movement and entity obligations, separating settled inflows, expected sweeps and unavailable balances before authorising a same-day intercompany funding decision.
• Decide sweep sequencing by currency cut-off, local payment buffer and approved funding limit, recording why an entity retains cash or receives support rather than applying an inflexible central target.
• Govern funding requests against the agreed intercompany terms and confirmed pool capacity, escalating exceptions before an operating shortage becomes an unauthorised increase in exposure to another entity.
• Reconcile failed, late and duplicate sweep events to bank evidence on the relevant operating day, preventing a retry or forecast adjustment from concealing an unmatched cash movement.
• Test controlled manual fallback with treasury and entity owners, checking independent review, funding availability and subsequent reconciliation before a temporary process is accepted for disrupted concentration activity.
• Present pool incidents and recurring timing conflicts to the CFO with operating remedies and structural dependencies, reserving participant changes, new limits and altered financing conditions for authorised approval.
• Transfer daily concentration control through permanent-treasurer-led normal and disrupted cycles, securing controller acceptance of intercompany cash, interest evidence and the remaining reconciliation or agreement dependencies.

Candidate qualifications

• Demonstrate personal responsibility for cash concentration or comparable multi-entity treasury funding operations in automotive or another manufacturing environment. Explain a sweep, receipt or settlement failure that changed the day's funding decision, the local obligations you protected and the evidence of available capacity. Monitoring a cash dashboard without ownership of the operating response will not establish readiness to hold this group functional seat.
• Show technical depth in cut-off sequencing, local buffers, intercompany limits and cash-versus-interest reconciliation. Describe how you prevented a failed or duplicate transfer from distorting a pool balance, and how controllers accepted the resulting evidence. Finance training or equivalent proven treasury competence is expected, alongside clear recognition that legal terms, tax conclusions and accounting treatment remain with their qualified owners.
• Bring an 18–22-year career with director-level treasury, capital markets or comparable senior finance responsibility, including direct leadership of treasury professionals. Evidence should identify decisions you could execute within policy and conditions requiring CFO or board approval. The interim must preserve accessible cash honestly under pressure, rather than meet a central concentration target by shifting an unsupported funding dependency into a participating entity.
• Commit to onsite five-day treasury ownership and overlap with the recruited permanent successor through the fixed term. Explain a recovery rehearsal or operating transfer that tested late inflows, different local calendars or manual fallback. The successor needs independently usable daily records, supported intercompany evidence and a practical residual-issue route; personal familiarity with an unexplained historical pool movement is not a transferable control.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 12 October 2026. Mandate reference CVU-INT-2026-IND-269.