Manager - Treasury (CA's Only)

Note: We require CA's only. Candidate should have minimum 9 years of work experience with 5 years in Treasury/Cash Management. Candidates with relevant experience will be contacted.

Job Purpose:

• Seeking to fill the position of Manager, Cash Management to join our organization, India Service Center. The team develops and manages business service centers to execute accounting and transaction processing activities and other business services to affiliates of company worldwide.
• The position will be responsible for Cash Management service line deliveries to the region consisting of multiple markets (countries) as per the Service Level Agreement with Global Business Services. Apart from services to Global affiliates of company, Cash Management and Treasury operations of India would be managed by the incumbent.
• The role would require him / her to reconcile and report banking transactions, accounting and related Financial reporting for the market which includes timely book closure in Oracle Financials in accordance with Local Accounting Guidelines, International Financial Reporting Standards (IFRS) and US GAAP (Generally Accepted Accounting Principles); ensure compliance with general internal controls, including those derived from the SOX Law (Sarbanes Oxley Act), as well as the established procedures and policies of the company;
• The incumbent would be expected to display high standards of engagement with market operations and accounting teams, account managers, management and other stakeholders.
• The incumbent is expected to deliver high quality services coupled with high level of customer satisfaction and stakeholders management.

Key Job Responsibilities:

• Responsible for cash flow reporting and Treasury activities of India including managing the banking relationships. Reporting into the Head of General Ledger for India Treasury management function. Will be one point of contact with Corporate Treasury teams.
• Responsible for Oracle Cash management of Africa and other regions as part of service deliveries. Will be managing teams for ensuring high quality of service delivery.
• Governance over receipt of bank statements, ensuring interface into accounting systems and system enabled reconciliations.
• Perform daily bank reconciliations for Collection and Payment Bank accounts of the regions being serviced and follow the compliances with Policy and Standard Operating Procedures in a timely manner.
• Research on unreconciled items and collaborate with market participants for its resolutions. Timely updation of trackers, tools, workflows and systems to ensure the information is sent to the stakeholders on timely basis and evokes a timely response towards resolution.
• Ensure the Bank reconciliation status is accurately reflected in the systems.
• Perform reporting and dashboards that accurately reflects the banking transactions and un-reconciled items requiring resolution.
• Initiate and account for Banking transactions in compliance with policy.
• Perform month end closing activities and all activities necessary to close Cash management activities.
• Will be one point of contact for Onshore Service Delivery leads and will need to work with and execute necessary tasks as assigned by them and strive towards highest level of customer satisfaction.
• Governance of open issues assigned / highlighted by Onshore service delivery leads and its resolutions in timely manner.
• Manage and execute Collection accounting and cash application in system within timelines and maintaining accuracy parameters. Follow up with customers for pending requests and information required to complete activities and meeting SLAs.
• Ensure reconciliations of control accounts are up to date in line with policy. Perform / assist customer reconciliation and resolve open items
• Prepare receivable statements, ageing statements and necessary month end reporting in line with policy and deliver analytical and other reports as required from time to time.
• General Ledger accounting spanning outside of Banking / treasury / cash management related activities.

Job Requirements

• Educational Qualification: Bachelors Degree in commerce / accounting required along with CA/CMA/CS.
• A total experience of minimum 9 years with a of 5 years cash management / treasury management along with bank reconciliation from both a design and operational perspective in a high volume environment.
• The incumbent will need to be very good in accounting and have extensive knowledge and experience in the application and usage of largescale ERP systems
• Prior experience in a shared services environment / Treasury department with high volume of transactions will be preferred.
• Experience in the use of excel and other data manipulation & analytics tools is required
• Strong organization, planning, and project management skills; ability to prioritize tasks for self and team to meet requirements and deadlines
• Ability to work with different functional groups and levels of employees to effectively and professionally achieve results.
• Focus on service KPIs including timeliness and quality and high levels of customer service and limited supervision required.
• As our GBS centers will typically work with the Global accounting team, the incumbent is required to have excellent English communication skills
• Work timings will be in Europe / Africa time zones.