Assistant Manager Treasury (Forex & Treasury Back Office)

Location: Bangalore

Qualification:Qualified Chartered Accountant (CA), MBA/CFA/CMA

Experience: 35 Years

Role Overview:

We are seeking a qualified CA with strong experience in Treasury Operations, Forex Management, Hedge Accounting, and SAP Treasury Management. The role will be responsible for end-to-end treasury back-office operations, hedge accounting compliance, forex deal administration, treasury controls, audit support, and regulatory compliance.

Key Responsibilities:

Forex Deal Administration:

- Independently confirm all FX transactions including Spot, Forward, Swap, Options, ECB-related hedges, and structured products with banks and counterparties.

- Verify deal terms including currency pairs, rates, tenor, settlement dates, and counterparty details.

- Ensure approvals are obtained as per Treasury Policy, Delegation of Authority (DOA), and regulatory requirements.

- Monitor pending confirmations and coordinate with banks for timely closure.

Treasury Back Office & SAP Treasury Management:

- Maintain and update FX transactions in SAP Treasury Management System (TMS).

- Process deal rollovers, cancellations, settlements, MTM valuations, and accounting entries.

- Reconcile SAP records, bank confirmations, and valuation reports.

- Coordinate with Finance teams for monthly and quarterly treasury closures.

Hedge Accounting & Risk Management:

- Prepare hedge documentation in compliance with Ind AS 109 / IFRS 9.

- Support hedge designation, effectiveness testing, rebalancing, and de-designation activities.

- Advise business units and subsidiaries on hedge accounting treatment.

- Maintain complete and audit-ready hedge documentation.

Treasury Controls & Compliance:

- Ensure compliance with RBI, FEMA, accounting standards, and internal treasury policies.

- Support treasury governance and segregation of duties across Front Office, Mid Office, and Back Office.

- Monitor counterparty limits, exposure limits, and policy compliance.

- Develop and maintain SOPs and process documentation.

Audit & Reporting:

- Support Statutory, Internal, IFC, and Management Audits.

- Prepare treasury audit packs including confirmations, valuation reports, hedge files, and reconciliations.

- Generate management reports covering FX exposures, open positions, hedge status, MTM summaries, and treasury KPIs.

Desired Skills:

- Strong understanding of Forex products, derivatives, swaps, options, NDFs, CCIRS, and commodity hedging instruments.

- Hands-on experience in SAP Treasury Management (TMS).

- Sound knowledge of Ind AS 109, IFRS 9, RBI and FEMA regulations.

- Strong analytical, reconciliation, and stakeholder management skills.

- Excellent communication and documentation abilities.

Candidate Profile:

- Qualified Chartered Accountant (CA), MBA/CFA/CMA

- 35 years of experience in Treasury Operations, Forex Back Office, Hedge Accounting, or Corporate Treasury.

- Experience in large corporates, multinational companies, shared services, or treasury centers of excellence preferred.

- Ability to work independently and manage multiple stakeholders in a fast-paced environment.