Associate Manager (AM), Treasury

Playsimple Games Private Limited; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

PlaySimple Games Private Limited in Bengaluru seeks a Treasury - Assistant Manager to join the Finance team, overseeing cash management, FX hedging, and intercompany fund flows across India and Singapore, reporting to the Senior Director- Financial Controllership.

As the company scales toward an IPO, you will help build treasury infrastructure, ensure regulatory compliance with FEMA, RBI, MAS, and drive liquidity optimization and governance across multi-entity, multi-currency operations.

Qualifications

• CA or MBA in Finance; treasury certification an advantage.
• 3-5 years post-qualification treasury experience; 2+ years cross-border ops.
• Strong FEMA/RBI regulatory knowledge; MAS in Singapore preferred.
• FX hedging experience; hedge accounting knowledge (Ind AS 109/IFRS 9) preferred.
• Banking, cash management and multi-account liquidity experience.

Responsibilities

• Monitor liquidity across India and Singapore; forecast cashflows.
• Manage banking relationships; negotiate products and facilities.
• Oversee FX hedging and FEMA/RBI compliance.
• Manage intercompany fund flows and transfer pricing compliance.
• Prepare treasury MIS and reporting to senior management.
• Develop treasury policies, SOPs; support audits.
• Support IPO readiness and escrow/use-of-proceeds tracking.

Skills

Financial modelling

ERP systems

Bank relationships

Excel proficiency

Regulatory compliance

Education

CA or MBA in Finance

AFP CTP or equivalent (advantage)

Tools

Treasury Management Systems (TMS)

ERP systems

Excel

Job description

Bangalore North, India | Posted on 07/17/2026

We are one of India’s most exciting & fast-growing mobile gaming companies. Founded in 2014, and creating a global mobile gaming landscape in partnership with Modern Times Group (MTG), our Vision is to create simple, impactful casual game experiences at a massive scale. Since our inception, we have built a worldwide network of chart-topping games, and powerful tech & analytics infrastructure to turbocharge their growth. Our product portfolio consists of evergreen hits like Daily Themed Crossword, WordTrip, WordJam, WordRoll, TileMatch, Jigsaw, Wordy, 2248 Number Merge,Word Search Solitaire and Many more.

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

As the company scales towards an IPO, the treasury function isbeing institutionalised with a focus on optimising liquidity, managingcross-border fund flows, and strengthening compliance with FEMA, RBI and otherlocal regulations. The ideal candidate will bring a sharp understanding oftreasury operations in a multi-entity, multi-currency environment, and willplay a central role in building the treasury infrastructure to support thecompany's next phase of growth.

Responsibilities

• Cash & Liquidity Management: Monitor daily cash positionsacross India and Singapore entities; prepare short-term and medium-term cashflow forecasts to ensure adequate liquidity for operations and strategiccommitments.
• Banking Relationships: Manage relationships with bankingpartners in India and Singapore; negotiate banking products, fees, and creditfacilities; oversee bank account structures and authorisation matrices.
• Foreign Exchange Management: Monitor foreign currency exposuresarising from intercompany transactions, vendor payments, and revenue receipts;execute FX hedges (forwards, options) in compliance with FEMA and RBIguidelines; maintain hedging documentation.
• Intercompany Fund Flows: Manage intercompany remittances betweenIndia and Singapore, including upstream/downstream loans, dividendrepatriation, and operational transfers; ensure compliance with pricing atarm's length and applicable regulatory approvals.
• FEMA & RBI Compliance (India): Ensure timely filing ofSoftex forms via EDPMS for software export realisations; manage Form 145/146for outward remittances; support RBI reporting requirements including FIRMSfilings; liaise with AD banks on FEMA matters.
• MAS Compliance (Singapore): Ensure adherence to MonetaryAuthority of Singapore (MAS) requirements applicable to treasury and fundtransfer activities; support statutory reporting for the Singapore entity.
• Investment Management: Manage short-term deployment of surplusfunds in approved instruments; ensure returns optimisation within the treasurypolicy framework approved by the Board.
• Treasury Reporting & MIS: Prepare weekly and monthlytreasury 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 treasurypolicies, SOPs, and delegation-of-authority frameworks; support internal andexternal audits on treasury-related areas; identify process improvementopportunities.
• IPO Readiness Support: Support finance leadership ontreasury-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 reputedinstitution; additional treasury certification (AFP CTP or equivalent) is anadvantage.

Requirements

• 3-5 years of post-qualification experience in treasury, with atleast 2 years handling treasury operations in a multi-entity or cross-borderenvironment.
• Regulatory Knowledge: Strong working knowledge of FEMA, RBIregulations (Softex, EDPMS, AD bank processes), and foreign exchangemanagement; familiarity with Singapore MAS regulations preferred.
• FX & Hedging: Hands-on experience in foreign currency riskmanagement and execution of hedging instruments; understanding of hedgeaccounting under Ind AS 109 / IFRS 9 is preferred.
• Banking & Cash Management: Practical experience managingbank relationships, liquidity structures, and bank reconciliation oversightacross multiple accounts.
• Systems: Proficiency in ERP systems; strong Excel/financialmodelling 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 leadershipeffectively.
• Attributes: High ownership mindset, attention to detail, abilityto work in a fast-paced environment, and comfort navigating regulatoryambiguity with a problem-solving approach.