Assistant Manager – Treasury Controllership/Forex Operation – CA Serving Skill

The Corporate Institute; Bengaluru; On-site; INR 1,500,000 - 2,400,000; Full time

Job summary

The Corporate Institute is seeking a qualified CA with extensive treasury operations experience for a role in Bangalore. You will manage end-to-end treasury back-office activities, forex deal administration, hedge accounting, and regulatory compliance.

Responsibilities include SAP TMS stewardship, MTM valuations, and collaboration with Finance for monthly closures. Strong analytical, communication, and stakeholder management skills are essential.

Qualifications

• Qualified CA with treasury operations experience.
• Experience in Forex management, hedge accounting, and SAP TMS.
• Knowledge of RBI, FEMA regulations and Ind AS/IFRS 9 is preferred.

Responsibilities

• Confirm FX transactions (Spot, Forward, Swap, Options) with banks and counterparties.
• Process and reconcile SAP TMS entries, MTM valuations and settlements.
• Prepare hedge documentation and assist with hedge effectiveness testing.
• Ensure treasury controls, policy compliance and DOA approvals.
• Support audits and generate treasury management reports.

Skills

Treasury operations

Forex back office

Hedge accounting

SAP Treasury Management

Regulatory compliance

Audit support

Stakeholder management

Analytical skills

Communication

Education

CA

MBA/CFA/CMA

Tools

SAP Treasury Management

Job description

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.