What are all the Responsibilities of a treasury management function ?

Overview of Treasury Functions

The general mission of the treasury department is to manage the liquidity of a business. This means that all current and projected cash inflows and outflows must be monitored to ensure that there is sufficient cash to fund company operations, as well as to ensure that excess cash is properly invested. While accomplishing this mission, the treasurer must engage in considerable prudence to ensure that existing assets are safeguarded through the use of safe forms of investment and hedging activities.

Detail of Treasury Functions

In order to accomplish its mission, the treasury department must engage in the following activities:

• Cash forecasting. Compile information from around the company to create an ongoing cash forecast. This information may come from the accounting records, the budget, capital budget, board minutes (for dividend payments) and even the CEO (for expenditures related to acquisitions and divestitures).
• Working capital monitoring. Review the corporate policies related to working capital, and model their impact on cash flows. For example, looser credit results in a larger investment in accounts receivable, which consumes cash.
• Cash concentration. Create a system for funneling cash into a centralized investment account, from which cash can be most effectively invested. This may involve the use ofnotional pooling or cash sweeps.
• Investments. Use the corporate investment policy for allocating excess cash to various types of investments, depending on their rates of return and how quickly they can be converted into cash.
• Grant credit. Issue credit to customers, which involves management of the policy under which credit terms are granted.
• Fund raising. Determine when additional cash is needed, and raise funds through the acquisition of debt, sale of stock, or changes in company policies that impact the amount of working capital required to run the business.
• Risk management. Use various hedging and netting strategies to reduce risk related to changes in asset values, interest rates, and foreign currency holdings.
• Credit rating agency relations. Keep any credit rating agencies informed of the company's financial results and condition, if these agencies are providing ratings on the company's marketable debt issuances.
• Bank relations. Keep the company's bankers apprised of the company's financial condition and projections, as well as any forthcoming changes in its need for borrowed funds. The discussion may extend to the various services provided by the banks to the company, such as lockboxes, wire transfers, ACH payments, and so forth.
• IT systems. The department maintains treasury workstations that provide it with information about cash holdings, projections, market conditions, and other information.
• Reporting. The treasurer provides the senior management team with reports concerning market conditions, funding issues, returns on investment, cash-related risks, and similar topics.
• Mergers and acquisitions. The department may advise on the company's acquisition activities, and may be called upon to integrate the treasury functions of an acquiree.

In essence, treasury functions revolve around the monitoring of cash, the use of cash, and the ability to raise more cash. All other tasks of the department support these functions.

Home Department of the Treasury:

      Are and where to keep money cash bank, including cash is delivered to the bankers of the Covenant in sub cupboards for the bank in the first every day, and the receipt of their cash at the end of the daily work, as well as the delivery of the bank's branches you need cash during a certain period and the receipt of the surplus they have.

2. Sub-section cabinets:

    It cupboards related departments of various Bank, Kalkhozana own Department of deposits and savings accounts, or the public treasury current accounts department, handles all treasury process cash receipt from the customer or exchange something worth their money after completing the procedures documentary, and in the big banks are sub cupboards divided into treasury incoming and other sources, especially in the sections that deal heavily with the public or customers function as checking or savings accounts, accounts

And oversees the treasury department at Bank President cashiers, and which assume efficiency, honesty and experience in this field, where he is responsible for all matters relating to monetary affairs at the bank, assisted by a deputy or agent in addition to other money-changers who are working under his supervision, the bank is usually insurance All those against dishonesty among insurance companies.

Through the sub-cabinets are arrests and cash payment, based on the city of notices is a catch or payment issued by different departments in the bank orders.

  The main Treasury Department. In every other day regulates summary or disclosure movement incoming and outgoing cash balance, and is attached to this disclosure of all documents, notices and documents necessary constraint, and sent to the General Accounting department at the bank, who is auditing and reconciliations between daily sub-set of the Treasury Department and between documents attached to them, after being required for these operations restrictions in the central bank's daily

The basic function of treasury is to give liquidity to the organisation. In spite of it, treasury also ensure that the fund remain in optimal utilization and providing best return to the organisation. for that purpose treasury department always remain in contact with the other departments, i.e. budgeting, Payments, procurement and taxation e.t.c to make forecast and available fund in accordance with the requirements. and place the funds on term basis as the given information. 

The basic function of Treasury is to manage the liquidity of an organization. The responsibilities of Treasury Department consist of:

1. Cash forecasting.

2. Provide funding in capital Markets.

3. Fund raising and

4. Risk Management.

agreed with all

The main function of a treasury manager include making sure the treasury of the company is managed properly in a way that it is not only sufficient for now but also for the foreseeable future of the firm.

Good answers

Cash management And control liquidity Is very important 

1. 1. Planning and Operations

   2. Cash and Liquidity Management

   3. Funding and Capital Markets

   4. Financial Risk Management

   5. Corporate Governance

   6. Stakeholder Relations

Agreed with Mr. Tanveer and Divyesh

Agreed with all Champs!

Just to add the prime responsibilities of Treasury function is to manage the Asset and Liabilities (ALM / Trading desk) and liquidity of the organisation To ensure regulatory limits are within the allowable thresholds. Market, Country, funding / borrowing, credit, currency and Interest rate risks are effectively managed. There should be a continuous monitoring system to regulate the treasury function.

AGREE WITH MR KURMAN & MR GEORGI ANSWERS