Assistant Manager – Treasury – Forex Back Office – CA Serving Skill

The Corporate Institute; Bengaluru; On-site; Full time

Job description

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.

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.