Associate Manager (AM), Treasury

PlaySimple Games; Bengaluru; On-site; INR 1,400,000 - 2,100,000; Full time

Job summary

PlaySimple Games is seeking a Treasury - Assistant Manager to join our Finance team in Bengaluru. You will oversee cash management, FX, banking relationships, and regulatory compliance across India and Singapore, reporting to the Senior Director - Financial Controllership.

As the company moves toward an IPO, you will help institutionalise treasury processes, optimise liquidity, manage cross‑border fund flows, and ensure FEMA/RBI and MAS compliance while building the treasury infrastructure for

Qualifications

• CA or MBA in Finance with strong treasury knowledge.
• AFP CTP or similar certification is a plus.

Responsibilities

• Oversee cash and liquidity management across India and Singapore.
• Manage FX exposures and hedging in compliance with FEMA/RBI and MAS.
• Coordinate intercompany fund flows and approvals.
• Ensure regulatory filings and reporting for treasury.
• Support IPO readiness and governance of treasury policies.

Skills

CA

MBA in Finance

AFP CTP certification

Education

CA or MBA in Finance

AFP CTP certification (advantage)

Tools

ERP systems

Treasury Management System (TMS)

Excel

Job description

We are looking for a Treasury - Assistant Manager to join our Finance team, responsible for managing treasury operations across our Indian entity (PlaySimple Games Limited) and our Singapore entity (PlaySimple Games Pte. Limited). This is a high‑visibility role reporting to the Senior Director - Financial Controllership, situated at the intersection of cash management, foreign exchange, banking relationships, and regulatory compliance.

As the company scales toward an IPO, the treasury function is being institutionalised with a focus on optimising liquidity, managing cross‑border fund flows, and strengthening compliance with FEMA, RBI, and other local regulations. The ideal candidate will bring a sharp understanding of treasury operations in a multi‑entity, multi‑currency environment, and will play a central role in building the treasury infrastructure to support the company's next phase of growth.

Responsibilities

• Cash & Liquidity Management: Monitor daily cash positions across India and Singapore entities; prepare short‑term and medium‑term cash flow forecasts to ensure adequate liquidity for operations and strategic commitments.
• Banking Relationships: Manage relationships with banking partners in India and Singapore; negotiate banking products, fees, and credit facilities; oversee bank account structures and authorisation matrices.
• Foreign Exchange Management: Monitor foreign currency exposures arising from intercompany transactions, vendor payments, and revenue receipts; execute FX hedges (forwards, options) in compliance with FEMA and RBI guidelines; maintain hedging documentation.
• Intercompany Fund Flows: Manage intercompany remittances between India and Singapore, including upstream/downstream loans, dividend repatriation, and operational transfers; ensure compliance with pricing at arm's length and applicable regulatory approvals.
• FEMA & RBI Compliance (India): Ensure timely filing of Softex forms via EDPMS for software export realisations; manage Form 145/146 for outward remittances; support RBI reporting requirements including FIRMS filings; liaise with AD banks on FEMA matters.
• MAS Compliance (Singapore): Ensure adherence to Monetary Authority of Singapore (MAS) requirements applicable to treasury and fund transfer activities; support statutory reporting for the Singapore entity.
• Investment Management: Manage short‑term deployment of surplus funds in approved instruments; ensure returns optimisation within the treasury policy framework approved by the Board.
• Treasury Reporting & MIS: Prepare weekly and monthly treasury MIS including cash flow actuals vs. forecasts, FX exposure reports, and investment summaries for senior management and the Board.
• Internal Controls & Policies: Develop and maintain treasury policies, SOPs, and delegation‑of‑authority frameworks; support internal and external audits on treasury‑related areas; identify process improvement opportunities.
• IPO Readiness Support: Support finance leadership on treasury‑related workstreams for the IPO, including escrow management, use‑of‑proceeds tracking, and investor‑related fund flows.

Qualifications

• Chartered Accountant (CA) or MBA in Finance from a reputed institution; additional treasury certification (AFP CTP or equivalent) is an advantage.

Requirements

• 3‑5 years of post‑qualification experience in treasury, with at least 2 years handling treasury operations in a multi‑entity or cross‑border environment.
• Regulatory Knowledge: Strong working knowledge of FEMA, RBI regulations (Softex, EDPMS, AD bank processes), and foreign exchange management; familiarity with Singapore MAS regulations preferred.
• FX & Hedging: Hands‑on experience in foreign currency risk management and execution of hedging instruments; understanding of hedge accounting under Ind AS 109 / IFRS 9 is preferred.
• Banking & Cash Management: Practical experience managing bank relationships, liquidity structures, and bank reconciliation oversight across multiple accounts.
• Systems: Proficiency in ERP systems; strong Excel/financial modelling skills; experience with treasury management systems (TMS) is a plus.
• Communication: Strong written and verbal communication skills; ability to engage with banks, auditors, consultants, and senior leadership effectively.
• Attributes: High ownership mindset, attention to detail, ability to work in a fast‑paced environment, and comfort navigating regulatory ambiguity with a problem‑solving approach.