Assistant Manager - Treasury - Forex Back Office - CA

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