Website Serving Skill
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
To apply for this job please visit www.iimjobs.com.
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