Description:

Location: Bangalore

Qualification: CA

Experience: 3-4 years

Hiring For: A reputed and diversified organization

About the Company:

A reputed and diversified organization with businesses in personal care, home care, lighting, food products, and engineering solutions. The company has a strong FMCG footprint and continues to grow through innovation and strategic acquisitions.

Role Overview:

The Assistant Manager - Treasury (Forex) will handle FX back-office operations, SAP treasury processes, hedge management, compliance, and audit support. The role demands strong technical understanding of FX products and accounting under Ind AS 109.

Key Responsibilities:

A. Forex Deal Administration

- Independently confirm FX deals (spot, forward, swaps, options, ECB-related hedges) with banks & subsidiaries.

- Verify terms: currency pair, tenor, rates, counterparty, settlement dates.

- Ensure approvals as per DOA, treasury policy and regulatory guidelines.

- Track and follow up on unconfirmed deals with banks to ensure timely closure.

B. SAP Treasury Management (TMS) & Back-Office Operations

- Update all FX deals in SAP (TMS): new deals, rollovers, MTM entries, cancellations, settlements.

- Reconcile bank confirmations, MTM reports, and SAP data.

- Pass accounting entries for settlements, premium amortisation, fair value changes, hedge adjustments.

- Support month-end closing and reconciliations for FX-related entries.

C. Hedge Management & Hedge Accounting Support

- Prepare hedge documentation as per Ind AS 109 / IFRS 9.

- Support subsidiaries with hedge accounting proposals.

- Perform periodic hedge effectiveness testing and share results.

- Assist with hedge designation, de-designation, rebalancing, discontinuation.

- Maintain complete, audit-ready hedge documentation.

D. FX Structure Analysis & Accounting

- Understand FX structures: forwards, options, swaps, NDFs, CCIRS, barrier options, commodity futures.

- Evaluate accounting treatment under Ind AS 109.

- Prepare accounting memos for complex FX and embedded derivatives.

- Ensure compliance with RBI, FEMA & internal treasury policies.

E. Treasury Controls & Compliance

- Support SOD framework: front office vs mid office vs back office.

- Ensure adherence to policy limits, counterparty exposure, tenors, regulatory requirements.

- Maintain updated process documentation and SOPs.

F. Audit & Reporting

- Handle statutory, internal, IFC and management audit queries.

- Prepare treasury audit packs: deal registers, valuations, hedge docs, confirmations, reconciliations.

- Support monthly/quarterly reporting: exposure, MTM summary, open positions, hedge status, limit utilisation.

Candidate Profile:

- Qualified CA, 3- 4 years experience in treasury, forex, hedge accounting, or audit (Big 4 preferred).

- Strong understanding of Ind AS 109, FX products, SAP TMS, and accounting.

- Attention to detail, strong documentation, and analytical skills.

Please share:

- Current CTC

- Notice Period

- Current City

- Willingness to relocate to Bangalore

JD 2: Assistant Manager Treasury Cship (Corporate Treasury)

Location: Bangalore

Qualification: CA

Experience: 3-4 years

Hiring For: A reputed and diversified organization

About the Company:

A diversified group with businesses in personal care, home care, lighting, food products, and engineering solutions, and a strong presence in the FMCG sector.

Role Overview:

The Assistant Manager Treasury Cship will support corporate treasury functions such as FX administration, hedge management, compliance, policy controls, audit readiness, and reporting.

Key Responsibilities:

1. FX Deal Controls & Governance

- Independently verify treasury deals executed by front office.

- Ensure compliance with DOA, treasury policy, RBI/FEMA regulations.

- Maintain deal logs, documentation and confirmation status.

2. Treasury Back-Office Operations

- Manage lifecycle activities: deal booking, rollovers, cancellations, settlements.

- Ensure accounting entries for FX and derivative instruments are accurate and timely.

- Coordinate month-end close activities related to treasury.

3. Hedge Management

- Prepare hedge documentation as per Ind AS 109 / IFRS 9 requirements.

- Perform hedge effectiveness testing and analyse results.

- Handle designation, de-designation, and adjustments of hedging relationships.

- Maintain complete audit-ready hedge files.

4. Treasury Accounting & Valuation

- Review MTM valuations for FX and derivative instruments.

- Validate accounting treatment for FX structures and embedded derivatives.

- Support preparation of accounting memos for complex treasury transactions.

5. Controls, Compliance & SOPs

- Strengthen internal controls for treasury operations.

- Track counterparty limits, utilisation and exposure.

- Maintain and update treasury SOPs and process notes.

6. Audit & Internal Reporting

- Support statutory, internal, IFC and management audit requirements.

- Prepare treasury reporting packs: exposure, MTM summary, open positions, hedge status, utilisation report.

- Coordinate with auditors and respond to queries promptly.

Candidate Profile:

- CA with 3- 4 years experience in treasury / audit / banking / derivatives accounting.

- Strong understanding of FX products & Ind AS 109.

- Experience with SAP Treasury (preferred).

- Strong control orientation and documentation skills.

Kindly mention:

- Current CTC

- Notice Period

- Current City

- Fine to relocate to Bangalore