Assistant Manager - Treasury Controllership

A. Forex Deal Administration

Perform independent confirmation of all FX deals (spot, forwards, swaps, options, ECB-related hedges, etc.) with banks, counterparties, and subsidiaries.

Verify deal terms such as currency pair, tenor, rates, counterparties, settlement dates, and ensure alignment with front-office inputs.

Obtain approvals from designated signatories in line with Treasury Policies, DOA and regulatory guidelines.

Track unconfirmed deals and follow up with banks to ensure timely closure.

B. SAP Treasury Management (TMS) & Back-Office Operations

Update and maintain all FX deals in SAP (in TMS modules), including new deals, rollovers, cancellations, MTM valuations, and settlements.

Reconcile bank confirmations, MTM reports, and SAP data to ensure accuracy and completeness.

Process accounting entries for FX settlements, premium amortisation, fair value changes, and hedge adjustments in SAP FI/CO.

Coordinate with finance teams for monthly closing of FX-related entries and reconciliations.

C. Hedge Management & Hedge Accounting Support

Prepare hedge documentation in accordance with Ind AS 109 / IFRS 9.

Propose hedge accounting treatments to subsidiaries for their hedging transactions.

Perform periodic effectiveness testing and communicate results to relevant stakeholders.

Assist in designation, de-designation, rebalancing, and discontinuation of hedges.

Maintain audit-ready, complete hedge documentation file for all open and closed hedges.