Senior Manager - Treasury

WPP Media; Mumbai City; Hybrid; INR 3,500,000 - 7,500,000; Full time

Job summary

WPP Media Limited seeks a seasoned Treasury Lead in Mumbai to oversee cashflow, liquidity, investments, and banking relationships. The role focuses on FX risk management, regulatory compliance, and intercompany funding across India.

The ideal candidate will have 11–15 years in corporate treasury, CA or CTP, and familiarity with RBI/FEMA rules. Hybrid work model with in-office collaboration four days a week is offered.

Qualifications

• 11-15 years of progressive experience in corporate treasury or similar finance roles.
• Experience with Treasury Management Systems (e.g., IT/2) is highly desirable.
• Strong understanding of RBI regulations, FEMA, and local banking practices.
• Knowledge of derivatives and hedging currency exposures.
• Experience managing banking relationships and FX hedging instruments.

Responsibilities

• Oversee India’s cashflow and liquidity, investments, and banking relationships.
• Manage FX risk and hedging strategies to support business growth and stability.
• Partner with CFOs/FDs to optimize working capital and treasury policies.
• Support intercompany funding and debt management activities.
• Ensure regulatory compliance and robust treasury controls.

Skills

Treasury expertise

FX risk management

Banking relationships

Power BI

Education

CA

CTP

Tools

Treasury Management Systems IT/2

Job description

WPP is the trusted growth partner for the world’s leading brands.

We unite cutting-edge media intelligence and data solutions, world-class creativity, next-generation production, transformative enterprise solutions and expert strategic counsel in a single company – powered by exceptional talent and our agentic marketing platform, WPP Open, to help our clients navigate change, capture opportunity and deliver transformational growth.
We work with the world’s most valuable brands and have global reach across 100+ markets, with deep local expertise.
Our people are the key to our success. We’re committed to fostering a culture of creativity, belonging and continuous learning, attracting and developing the brightest talent, and providing exciting career opportunities that help our people grow.
For more information, visit WPP.com.

Why we’re hiring:

WPP is on a global transformation journey, and this is an opportunity to join support the treasury activities for operating companies in India.

What you’ll be doing:

The role report to Regional Treasurer and responsible for overseeing India’s cashflow & liquidity, investments, banking relationships, foreign exchange risk to support business growth and financial stability.

This role will report into the Asia Pacific Treasurer, key responsibilities are:

Liquidity & Working Capital Management

• Monitor daily cash position and manage liquidity planning to ensure adequate funding for business operations in India.
• Prepare and maintain short-term and long-term cash flow forecasts (e.g., weekly, monthly, quarterly) to minimize idle excess cash.
• Optimize working capital and manage the deployment of surplus funds in deposit placement for yield enhancement.
• Lead and oversee the service fee settlement and dividend repatriation in timely manner.

Banking & Financial Institution Management

• Serve as the primary point of contact for banking partners in India; negotiate terms, pricing, and facilities. Bringing their advice and expertise to bear as required for risk management or other purposes.
• Manage banking documentation, KYC, and regulatory compliance.

Forex Exposure & Investment Management

• Identify, manage, and report on foreign exchange (FX) exposure across the networks.
• Design and implement foreign currency hedging strategies for business operation as to mitigate their financial risks.
• Advise the business on FEMA (Foreign Exchange Management Act) compliance and requirements.

Business partnering

• Build deep relationship with CFOs and FDs across diverse networks and influence decisions on working capital and foreign exchange management.
• Support the communications of treasury policy and internal control standards, ensure it is applied in compliance with the related local treasury procedures.
• Monitor and assess the impact of local market conditions such as regulation, currency controls, financial products and advise on this internally.
• Support Treasury GBS team as required on joint or Treasury led developments.

Intercompany Funding & Debt Management

• Support fund-raising activities through various instruments like bank loans, intercompany financing.
• Manage the loan drawdown and repayment of operating entities in India, including refinancing and ensuring timely servicing of debt obligations.

Candidate Qualifications & Experience

• Educational Background:
• Experience graduate / postgraduate
• Qualified Chartered Accountant (CA), A CTP (Certified Treasury Professional) qualification is a strong plus.

Professional Experience:

• 11-15 years of progressive experience in corporate treasury, cash management, or a similar finance role.
• Proven experience with Treasury Management Systems (e.g., IT/2) is highly desirable.
• Deep understanding of RBI regulations, FEMA, and local banking practices.
• Strong experience in managing banking relationships and forex hedging instruments.
• Knowledge of derivatives and hedging currency exposures directly or indirectly.
• Knowledge of accounting in relation to FX gains and losses and where they arise.

Key Skills

• Strong analytical, communication, and stakeholder management skills.
• Profound understanding and operation experiences in cash management and FX risk management products
• Experience operating in a multi-currency, multi-entity global organization is a plus.
• Experience in Power BI a plus

We believe the best work happens when we’re together, fostering creativity, collaboration, and connection. That’s why we’ve adopted a hybrid approach, with teams in the office around four days a week. If you require accommodations or flexibility, please discuss this with the hiring team during the interview process.

WPP is an equal opportunity employer and considers applicants for all positions without discrimination or regard to particular characteristics. We are committed to fostering a culture of respect in which everyone feels they belong and has the same opportunities to progress in their careers.

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