Manager - Treasury Operations

Eaton; Maharashtra; On-site; INR 2,500,000 - 5,000,000; Full time

Job summary

Eaton in Maharashtra seeks a Senior Treasury Leader to steer global treasury back-office operations and drive efficiency across settlements, reporting, intercompany activities, and bank administration. You will build and develop a high-performing team, partner with stakeholders, and lead continuous improvement initiatives to strengthen controls and scalability in a complex, multinational environment.

The role requires 12+ years of experience, a Bachelor's in Business/Finance, fluency in English,

Qualifications

• Minimum of a Bachelor’s Degree (or equivalent) in Business, Economics, Finance or related field.
• 12+ Years of work experience.
• Strong knowledge of treasury instruments and related operational processes for minimum 5 years.
• People management experience for minimum 5 years.
• Experience leading transformation and continuous improvement initiatives.

Responsibilities

• Lead treasury back-office operations, including deal confirmations and settlements, reconciliation of treasury-related accounts, and timely resolution of operational issues.
• Ensure accurate and timely execution of high-value and sensitive treasury payments (dividends, buybacks, M&A payments).
• Prepare reporting for treasury leadership, including KPIs and performance data, to identify trends and opportunities to improve processes and controls.
• Manage intercompany netting programme, ensuring timely submission, analysis, and settlement of transactions.
• Oversee global bank account administration, including opening/closing, records maintenance, and signatory management.
• Lead the team supporting electronic banking platforms and access to treasury systems, ensuring timely ticket resolution.

Skills

Treasury instruments

People management

Team leadership

Transformation & CI

Treasury systems

Electronic banking

Detail-oriented

Stakeholder communication

Work under pressure

Fluent English

Reporting & analytics

Education

Bachelor's degree in Business/Finance

Tools

Treasury systems

Electronic banking platforms

Job description

What You’ll Do

Lead multiple global treasury support activities, ensuring the accurate and timely execution of transactions while developing a high-performing team and fostering a culture of continuous improvement. Partner effectively with treasury and cross-functional stakeholders to understand priorities, allocate resources appropriately, and proactively identify opportunities to improve processes, controls, efficiency, and effectiveness.

• Lead treasury back-office operations, including deal confirmations and settlements, reconciliation of treasury-related accounts, and timely resolution of operational issues.
• Ensure the accurate and timely execution of high-value and sensitive treasury payments, including shareholder dividends, share repurchase transactions, M&A-related payments, and day-to-day treasury transactions.
• Prepare reporting for treasury leadership, including KPIs and operational performance data, and use this reporting to identify trends, risks, and opportunities to improve processes and controls.
• Ensure the timely and accurate delivery of operational reporting, including intercompany account statements, netting statements, and intercompany loan interest accruals.
• Manage the intercompany netting programme, ensuring timely submission, analysis, and settlement of transactions, while identifying opportunities to improve the process and expand the programme’s scope.
• Manage global bank account administration activities, including account opening and closing, maintenance of account records, and bank signatory management.
• Lead the team responsible for supporting electronic banking platforms and access to treasury systems, overseeing service requests and ensuring tickets are resolved accurately and within agreed timelines.
• Build strong working relationships with treasury and cross-functional stakeholders to understand priorities, identify risks or issues, and coordinate support for new activities and evolving business needs.
• Drive continuous improvement across all areas of responsibility, proactively identifying opportunities to simplify, standardise, and strengthen processes to improve efficiency, effectiveness, scalability, and control.
• Support the global treasury team on ad hoc activities, change initiatives, and cross-functional projects as required.

Qualifications

• Minimum of a Bachelor’s Degree (or equivalent) in Business, Economics, Finance or related field
• 12+ Years of work experience

Skills

• Strong knowledge of treasury instruments and related operational processes for minimum 5 years.
• People management experience for minimum 5 years
• Proven experience leading and developing a high-performing team.
• Experience leading transformation and continuous improvement initiatives.
• Experience with treasury systems and electronic banking platforms is desirable.
• Highly detail-oriented, analytical, and accurate in documentation and reporting.
• Proactive in identifying and implementing process improvements.
• Able to perform effectively under pressure and manage competing priorities.
• Fluency in English, both written and spoken, is essential.
• Excellent written and verbal communication skills, with the ability to engage effectively with stakeholders at all levels.