Head of Treasury

usemultiplier.com; Bengaluru; Hybrid; INR 6,000,000 - 9,000,000; Full time

Job summary

Multiplier is seeking a strategic and hands-on Global Head of Treasury to drive cash management, FX exposure control, and liquidity planning across multiple geographies. The role partners with senior leadership to optimize treasury operations, banking relationships, and risk management in a scalable global framework.

The ideal candidate has 10–15 years in treasury across countries, with strong experience in cash optimization, intercompany flows, and treasury governance.

Qualifications

• Bachelor’s degree in Commerce, Accounting, Finance or related field.
• CA/CPA qualification would be an advantage.
• 10–15 years of treasury management experience across multiple countries.

Responsibilities

• Lead global treasury operations and cash management across entities and currencies.
• Oversee daily cash positioning, liquidity planning and intercompany fund flows.
• Develop short- and long-term cash flow forecasts and optimize liquidity.
• Manage relationships with banking partners and optimize banking services.
• Lead FX risk management strategies and hedging programs.
• Ensure treasury governance, controls and regulatory compliance.

Skills

Treasury management

Cash management

FX risk management

Banking relationships

Liquidity planning

Intercompany funding

Education

Bachelor’s degree in Commerce/Accounting/Finance

CA or CPA qualification

Job description

About Us:

The global hiring revolution is shaping a future where talent can thrive everywhere, driving innovation and progress at scale. Multiplier is at the forefront of this change.

We are building a world without limits, where ambitious businesses of any size can look beyond borders to build their global dream teams.

We empower companies with the tools and support to hire, onboard, manage, and pay talent in 150+ countries, quickly and compliantly - no legal entities required. By simplifying global hiring, we're creating a level playing field where businesses and individuals – (like you) – can compete, grow, and succeed, regardless of your geography.

We believe talent knows no borders, and we’ve built the platform that proves it. Our world-class EOR, COR and Global Payroll products are helping businesses around the world seize the global hiring opportunity – from sales to fintech, small size to enterprise.

We are backed by renowned investors (Sequoia, DST, and Tiger Global), are led by industry-leading experts, scaling fast, and seeking brilliant like-minded enthusiasts to join our global team.

The future is borderless. Let’s build it together.

We are looking for a strategic and hands‑on Global Head of Treasury to lead and scale our treasury function across multiple geographies. As a key member of the Finance organization, this role will be responsible for driving global cash management, foreign exchange operations, liquidity planning, banking strategy, treasury governance, and financial risk management.

The ideal candidate will bring deep expertise in treasury operations within a multi-country environment, along with strong ownership of FX exposure, banking relationships, cash optimization, and treasury structures that enable scale. This role requires someone who can operate both strategically and operationally, while partnering closely with senior leadership, finance teams, and external financial institutions.

What You’ll Do:

Treasury Strategy & Global Cash Management

• Lead and oversee the company’s global treasury operations, ensuring efficient cash management across entities, currencies, and jurisdictions.

• Supervise daily cash positioning, liquidity planning, and intercompany fund flows to support business operations.

• Develop and maintain robust short-term and long-term cash flow forecasts.

• Drive working capital efficiency and optimize liquidity across the organization.

Banking & Treasury Infrastructure

• Own and manage relationships with global and regional banking partners and other financial institutions.

• Negotiate banking services, pricing, and fee structures to ensure cost-effective treasury operations.

• Evaluate and strengthen the company’s banking infrastructure, account structures, and treasury processes to support international growth.

• Support the design or enhancement of treasury operating models, including centralized treasury, in‑house bank, or regional treasury center structures where relevant.

FX, Investments & Risk Management

• Manage cross‑currency conversions and foreign exchange exposure across multiple markets.

• Lead FX risk management strategies, including hedging approaches, exposure monitoring, and execution oversight.

• Oversee treasury-related investment strategies and evaluate returns on surplus or idle cash in line with company policies and risk appetite.

• Support interest rate risk management and broader financial risk mitigation initiatives.

• Bring strong hands‑on experience in managing or being directly accountable for FX positions and/or fixed income or bond portfolio decisions within a defined treasury mandate.

Governance, Controls & Compliance

• Ensure compliance with treasury policies, internal controls, and applicable regulatory requirements.

• Establish and maintain strong treasury governance frameworks across geographies.

• Continuously improve treasury controls, reporting standards, and operating discipline.

Cross-functional Collaboration & Reporting

• Partner closely with Accounting, AP, AR, FP&A, Tax, and Controllership teams on reconciliations, reporting, and cash visibility.

• Support month-end, quarter-end, and year-end treasury reporting requirements.

• Provide leadership with insights and recommendations on liquidity, risk, capital allocation, and treasury strategy.

What We are Looking For:

Required Qualifications

• Bachelor’s degree in Commerce, Accounting, Taxation, Finance, or a related field.

• Professional qualification such as CA or CPA would be an added advantage.

• 10–15 years of experience in treasury management, preferably within a corporate operating across multiple countries.

• Strong experience in international cash management, liquidity planning, and foreign exchange risk management.

• Proven experience in banking relationship management, treasury policy development, and treasury operations in a global or multi-country environment.

• Strong understanding of international financial markets, forex, liquidity management, and treasury controls.

• Demonstrated hands‑on accountability for managing FX positions, cash investments, and/or bond or fixed income portfolios within a corporate treasury framework.

• Strong understanding of treasury mandates including hedging, yield enhancement, and prudent deployment of surplus cash.

• Excellent analytical, problem-solving, and decision-making skills with strong attention to detail.

• Exceptional communication and interpersonal skills, with the ability to collaborate effectively across internal teams and external partners.

Equal Employment Opportunity

Multiplier is an equal opportunity employer: We value diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.