Specialist - Treasury

Flex; Chennai District; On-site; INR 800,000 - 1,200,000; Full time

Benefits offered by this job

Health Insurance

PTO

Job summary

Flex is hiring a Specialist – Treasury to manage daily cash operations in Chennai, handle E-Banking administration, and oversee cross-border payments and bank communications. The role involves FX hedging, bank fee negotiations, and ensuring compliance with treasury policies.

The ideal candidate will have finance degrees, strong MS Excel/SQL skills, and fluency in English with solid analytical abilities. This is an on-site position with health benefits and PTO.

Qualifications

• B.COM / BBA(Finance) / M.COM / MBA(Finance) with at least 60% aggregate.
• Good understanding of MS applications (Excel Macro, VB, SQL).
• Good knowledge of accounting principles.
• Strong written and spoken English with good analytical skills.

Responsibilities

• Oversees daily cash operations - updating daily bank balances from bank systems/reports, inputting bank wires, and monitoring balances to define cash position for funding and/or investments.
• E-Banking administration - Account opening, KYC documentation, granting bank access, user access reviews, etc.
• Scrutinize and work on bank SWIFT messages, payment methods, and fund transfers.
• Assists in wire investigations for corporate bank account reconciliations.
• FX hedging – Balance sheet & PNL, FX cash settlements, etc.
• Evaluates and negotiates banking services and fees, monitors bank performance and manages overall banking relationship.
• Performs worldwide investigation for cash flow reporting, excess cash, interest income and expense research.
• Interacts with sites to ensure compliance with company's treasury policy and procedures.
• Holds up Corporate and Regional Treasury for Cash Management/Treasury related activities.
• Works closely with the General Ledger/Bank Reconciliation team to close items on timely basis.
• Provides required documentation and maintains source documents for Audit.
• Willingness to work in complex environment with strict deadlines on projects.
• Provide timely reports to Team Leaders/managers on policy maintenance.

Skills

MS Excel

VB/VBA

SQL

English communication

Team player

Education

B.COM / BBA(Finance) / M.COM / MBA(Finance) with at least 60% aggregate

Tools

MS SQL Server

VB/VBA

Job description

Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative products that improve the world. A career at Flex offers the opportunity to make a difference and invest in your growth in a respectful, inclusive, and collaborative environment.

Flex intends to spin off its Cloud and Power Infrastructure segment into a new, independent publicly traded company, which we’re calling SpinCo, until the name is unveiled. The spin is planned for Q1 2027. If the intended spin occurs, this role will support SpinCo, which will focus on critical digital infrastructure, delivering end-to-end power and thermal management solutions for AI data centers and other mission-critical applications.

To support our extraordinary teams who build great products and contribute to our growth, we’re looking toad Specialist – Treasury located in Chennai

What a typical day looks like:

• Oversees daily cash operations - updating daily bank balances from bank systems/reports, inputting bank wires, and monitoring balances to define cash position for funding and/or investments.
• E-Banking administration - Account opening, KYC documentation, granting bank access, user access reviews, etc.,
• Scrutinize and work on bank swift messages, payment methods, and fund transfers.
• Assists in wire investigations for corporate bank account reconciliations.
• FX hedging – Balance sheet & P N L, FX cash Settlements, etc.,
• Evaluates and negotiates banking services and fees, monitors bank performance and manages overall banking relationship.
• Performs worldwide investigation for cash flow reporting, excess cash, interest income and expense research.
• Interacts with sites to ensure compliance with company's treasury policy and procedures.
• Holds up Corporate and Regional Treasury for Cash Management/Treasury related activities.
• Works closely with the General Ledger/Bank Reconciliation team to close the open items on timely basis.
• Provides required documentation and maintain appropriate source documents and other related documents in holds up for Audit.
• Willingness to work in complex environment with strict deadlines on projects.
• Provide timely reports/information to the Team Leaders/managers on maintenance of policy

The experience we’re looking to add to our team:

• B.COM / BBA(Finance) / M.COM / MBA(Finance) with at least 60% aggregate score is preferred.
• Good understanding on MS applications (Excel Macro, VB, SQL etc.).
• Good knowledge of accounting principles.
• Good written/oral communication skills in English
• Good analytical skills and should be a team player.
• Willingness to work in complex environment with strict deadlines on projects

Here are a few examples of what you will get for the great work you provide:

• Health Insurance
• PTO

Flex is an Equal Opportunity Employer and employment selection decisions are based on merit, qualifications, and abilities. We do not discriminate based on: age, race, religion, color, sex, national origin, marital status, sexual orientation, gender identity, veteran status, disability, pregnancy status, or any other status protected by law. We're happy to provide reasonable accommodations to those with a disability for assistance in the application process. Please email [e-mail] and we'll discuss your specific situation and next steps (NOTE: this email does not accept or consider resumes or applications. This is only for disability assistance. To be considered for a position at Flex, you must complete the application process first).