Treasury Professional - Currency

7 - 11 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Treasury Professional responsible for Currency management at Siemens Ltd and other Group companies in India, your role will involve the following key responsibilities: - Support the Currency Manager in identifying foreign currency risks and advising on mitigation strategies through effective hedging planning - Coordinate with group companies in India to consolidate exposures and provide timely inputs to FX traders for hedging open exposures - Manage FX operations, including verifying underlying exposure, ensuring adequate documentation, and providing timely inputs to FX traders for booking, rollover, or cancellation of hedges - Offer advice on hedge accounting to businesses to prevent P&L volatility, and provide monthly inputs to the accounting team for posting hedge book impacts for Siemens Ltd and group companies - Monitor FX risk periodically for all group companies to ensure alignment with Siemens internal risk management policy - Prepare quarterly reports on net foreign currency position and hedge book status for management and board review, and handle internal reporting related to FX and commodity line items for global consolidation - Drive automation and digital initiatives with a focus on AI to transform treasury activities, implement global best practices, tools, and methodologies for India businesses - Manage stakeholders effectively to build transparency and trust, collaborate with business teams and other regional currency managers Qualifications required for this role include: - Qualified Chartered Accountant, Cost Accountant, or hold a university master's degree in business administration with a specialization in finance or a similar field - Minimum of 7+ years of professional experience in a corporate treasury/finance environment, preferably in foreign exchange risk management and/or business commercial/project finance - Experience in optimizing processes, particularly within a digitalization and automation context - Project management experience in delivering small projects independently beyond daily operational tasks - Ability to manage expectations of multiple partners and collaborate intensively with the business - Basic knowledge of accounting, including hedge accounting, and proficiency in SAP and MS Office suite Siemens is committed to equality, and all employment decisions are based on qualifications, merit, and business needs. Join Siemens and be part of a global team shaping the future, with opportunities to work in various locations across India and the globe. Discover more about Siemens and explore career opportunities at www.siemens.com/careers.,

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Siemens

Automation Machinery Manufacturing

Munich Brande

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