Treasury Analyst

VISTRA; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Benefits offered by this job

Hybrid working arrangement

Insurance benefits

Career prospects

Job summary

Vistra is hiring a Treasury Analyst to join the Treasury team in Mumbai, India. Reporting to the Associate Director - Treasury, this full-time role supports banking operations, KYC, and treasury system activities across the GSC footprint.

The ideal candidate will have a finance-related degree, 2 years of treasury experience, and strong ownership, initiative and attention to detail to drive process standardization and compliance.

Qualifications

• Bachelor’s degree in business management, Finance or Accounting.
• 2 years of corporate treasury experience preferred.
• KPO/BPO experience is an advantage.

Responsibilities

• Manage banking RFP processes, including bank account opening and closure, onboarding of new banking relationships, KYC documentation, and execution of bank rationalization initiatives.
• Standardize banking documentation and processes across banking partners and geographies wherever feasible.
• Manage bank mandate updates, including coordinating with banks to understand requirements, collecting supporting documents from internal stakeholders, preparing documentation for execution and signature, and following up until completion.
• Maintain a centralized database of e-banking access rights and physical signatories in the Treasury Management System (Kyriba) and conduct quarterly global access reviews.
• Act as the primary administrator for TMS & e-banking platforms, including CitiDirect, S2B, DBS, and other banking portals, managing user creation, access modifications, and related requests in accordance with internal approval procedures.
• Coordinate KYC activities for Vistra’s partner banks, lenders, and counterparties, working with local Finance, Company Secretarial, and Legal teams to complete annual renewals and new KYC requests.
• Support strategic banking and treasury initiatives, including payment workflow optimization, payroll banking setup, cash pooling, Target Balance Account (TBA) setup, and banking platform enhancements.
• Support SAP/S/4HANA and other treasury system implementations by coordinating with SAP teams, banks, and cross-functional stakeholders on system configuration, user acceptance testing (UAT), data validation, issue resolution, and process alignment.
• Coordinate with internal stakeholders and banking partners to ensure timely project delivery, effective implementation of banking processes, and compliance with internal controls and documentation requirements.

Skills

Independence

Initiative

Attention to detail

Results oriented

Enthusiasm

Education

Bachelor’s degree in business management, Finance or Accounting

Tools

Kyriba

CitiDirect

SAP S/4HANA

S2B

DBS banking portal

Job description

It’s never been a more exciting time to join Vistra.

At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.

But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that.

We have an exciting opportunity for you to join our team as Treasury Analyst - Treasury. Reporting to the Associate Director - Treasury, this full-time and permanent position is based in Mumbai, India and offers regional coverage, allowing you to make a significant impact to our GSC and its’ growth.

Key responsibilities:

• Manage banking RFP processes, including bank account opening and closure, onboarding of new banking relationships, KYC documentation, and execution of bank rationalization initiatives.
• Standardize banking documentation and processes across banking partners and geographies wherever feasible.
• Manage bank mandate updates, including coordinating with banks to understand requirements, collecting supporting documents from internal stakeholders, preparing documentation for execution and signature, and following up until completion.
• Maintain a centralized database of e-banking access rights and physical signatories in the Treasury Management System (Kyriba) and conduct quarterly global access reviews.
• Act as the primary administrator for TMS & e-banking platforms, including CitiDirect, S2B, DBS, and other banking portals, managing user creation, access modifications, and related requests in accordance with internal approval procedures.
• Coordinate KYC activities for Vistra’s partner banks, lenders, and counterparties, working with local Finance, Company Secretarial, and Legal teams to complete annual renewals and new KYC requests.
• Support strategic banking and treasury initiatives, including payment workflow optimization, payroll banking setup, cash pooling, Target Balance Account (TBA) setup, and banking platform enhancements.
• Support SAP/S/4HANA and other treasury system implementations by coordinating with SAP teams, banks, and cross-functional stakeholders on system configuration, user acceptance testing (UAT), data validation, issue resolution, and process alignment.
• Coordinate with internal stakeholders and banking partners to ensure timely project delivery, effective implementation of banking processes, and compliance with internal controls and documentation requirements.

Key requirements:

• Bachelor’s degree in business management, Finance or Accounting
• Treasury Operations experience – understanding of cash management, Cash pooling, management of internet banking and banking documents management will be given priority.
• 2 years of corporate treasury experience is preferred.
• Strong personal attributes including independence, enthusiasm, initiative, persistence, results driven and attention to details.
• KPO/BPO experience will be an advantage.

Company Benefits:

• At our Vistra GSC office, we believe in putting our employees’ well-being first! We offer a hybrid working arrangement.
• Additionally, we provide attractive insurance benefits, excellent job exposure and career prospects.