Finance Specialist - Bank Guarantee

Ingersoll-Rand plc; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Stock options

Annual bonus

Leave encashment

Maternity leave

Paternity leave

Health insurance

Employee assistance program

LinkedIn Learning

Awardco recognition

Job summary

Ingersoll Rand is seeking a Finance Analyst to own end-to-end management of Bank Guarantees for the EMEIA region from its Bangalore, India hub. The role involves coordinating with banks, treasury, legal and business teams to ensure timely renewals and compliance across borders.

The successful candidate will have a CA/CMA/MBA Finance background with 5–7 years of relevant experience in bank guarantees and treasury activities, ideally within a capital goods multinational.

Qualifications

• Bachelor’s degree in Accounting, Finance, Commerce or related field (CA/CMA/MBA Finance).
• 5–7 years hands-on exposure to bank guarantees and treasury-related activities.
• Prior experience in capital goods industry, multinational organization is an advantage.

Responsibilities

• Manage the complete lifecycle of bank guarantees for the EMEIA region, including issuance, amendments, renewals, cancellations and closures.
• Coordinate with banks, treasury, legal and business teams for BG-related requirements.
• Maintain accurate BG registers and trackers, including limits utilization and expiry monitoring.
• Ensure timely renewal of BGs to avoid lapses or penalties.
• Ensure compliance with company policies, banking agreements and regulatory requirements.

Skills

Bank guarantees

Letters of credit

Cross-functional

Effective communication

Education

Bachelor’s degree in Accounting, Finance, Commerce

Job description

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Ingersoll Rand is committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.

Job Title

Finance Analyst – Bank Guarantee
Location

About Us

Ingersoll Rand is a global provider of mission-critical flow creation, life science and industrial solutions. Ingersoll Rand’s Global Engineering & Technology Center (GEC) in Bangalore, A GREAT PLACE TO WORK CERTIFIED WORKPLACE is driven by an ownership mindset and entrepreneurial spirit, has been a beacon of innovation for over 19 years, embodying our purpose to “Make Life Better” for our employees, customers, shareholders and the planet.

The Engineering & Technology center has expertly supported a diverse range of industrial products, offering deep expertise in core and digital engineering space. By cultivating a sense of inclusion, belonging and respect, and a collaborative culture, the GEC has fostered the most talented and capable engineers, thereby playing a pivotal role in driving Ingersoll Rand’s purpose and strategic focus areas.

Job & Division Summary:

The role is responsible for end‑to‑end management of Bank Guarantees for the EMEIA region.

Responsibilities

• Manage the complete lifecycle of bank guarantees, including issuance, amendments, renewals, cancellations, and closures for EMEIA region.
• Coordinate with banks, treasury, legal, and business teams for BG-related requirements.
• Maintain accurate BG registers and trackers, including limits utilization and expiry monitoring.
• Ensure timely renewal of BGs to avoid lapses or penalties.
• Ensure compliance with company policies, banking agreements, and regulatory requirements

Mandatory Requirements

• Bachelor’s degree in Accounting, Finance, Commerce, or related field (CA/CMA/MBA Finance).
• 5–7 years hands‑on exposure to bank guarantees and treasury‑related activities.
• Prior experience in capital goods industry, multinational organization is an advantage.

Desired Skills

• Strong understanding of bank guarantees, letters of credit, and related banking instruments.
• Ability to manage multiple deadlines and work cross‑functionally and cross‑regionally.
• Clear communication skills for interaction with banks and internal stakeholders.

Travel & Work Arrangements/Requirements

This position is based in Bangalore, India, with a hybrid work arrangement and minimal anticipated travel.

What we Offer

• We are all owners of the company! Stock options (Employee Ownership Program)that align your interests with the company's success.
• Yearly performance-based bonus, rewarding your hard work and dedication.
• Leave Encashments
• Maternity/Paternity Leaves
• Employee Health covered under Medical, Group Term Life & Accident Insurance
• Employee Assistance Program
• Employee development with LinkedIn Learning
• Employee recognition via Awardco
• Collaborative, multicultural work environment with a team of dedicated professionals, fostering innovation and teamwork.

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology‑driven excellence in mission‑critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. For more information, visit www.IRCO.com.

Special Accommodation

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Lean on us to help you make life better

We think and act like owners.

We are committed to making our customers successful.

We are bold in our aspirations while moving forward with humility and integrity.

We foster inspired teams.

Ingersoll Rand is committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request and a member of our team will contact you.