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We are seeking an experienced Head of Treasury to establish and lead our Treasury Centre operations within GIFT International Financial Services Centre (IFSC). Reporting to our APAC Treasurer, this leadership role will be responsible for centralizing and optimizing treasury functions across our global group entities while ensuring compliance with IFSCA regulations and GIFT City framework requirements.
Job Responsibility:
Centralize cash pooling and liquidity management across global group entities to optimize capital utilization and reduce borrowing costs
Develop and execute comprehensive cash flow forecasting, liquidity planning, and investment strategies on a global scale
Monitor and achieve established KPIs for cash targets and treasury performance metrics
Oversee daily cash positioning, including liquidity management, position reconciliation, and bank reporting
Optimize collections and payments processes while minimizing banking fees and transaction costs
Ensure adequate funding availability for operational and strategic financing requirements
Collaborate with various stakeholders across the globe to enhance working capital efficiency
Structure, implement, and manage intercompany lending for group entities to ensure optimal capital allocation
Develop and execute strategies to optimize group capital structure and minimize cost of capital
Ensure timely servicing of all intercompany loans and borrowings across group companies
Cultivate and expand strategic relationships with financial institutions
Identify, assess, and mitigate financial risks including interest rate, foreign exchange, and credit exposures
Design and implement comprehensive hedging strategies using appropriate financial instruments
Execute foreign exchange transactions including spot, forward, and swap transactions
Ensure strict adherence to internal policies and regulatory compliance requirements
Monitor market conditions and adjust risk management strategies accordingly
Manage surplus cash and short-term investment portfolios to maximize returns while maintaining required liquidity levels
Develop investment strategies aligned with organizational financial objectives, risk appetite and Treasury policies
Continuously evaluate market trends to identify optimal investment opportunities
Ensure investment decisions comply with IFSCA guidelines and internal investment policies
Manage banking relationships, optimize account structures, and streamline payment processing systems
Drive automation and technology integration to enhance treasury operational efficiency
Maintain detailed Standard Operating Procedures ensuring they are followed and there are adequate controls
Facilitate issuance of bank guarantees and letters of credit as required by business operations
Ensure accurate and timely regulatory reporting and compliance documentation
Oversee accurate monthly accounting for all treasury transactions including intercompany loans, investments, and FX hedges
Prepare comprehensive treasury MIS reports for management review and regulatory submissions
Maintain complete and accurate documentation of compliance records and statutory registers
Ensure adherence to accounting standards and regulatory reporting requirements
Lead, develop, and mentor the treasury team while fostering a culture of excellence and accountability
Collaborate with Board of Directors and senior executives to align treasury strategies with corporate objectives
Develop and implement policies as required under IFSCA regulations
Provide strategic financial insights and recommendations for mergers, acquisitions, and corporate initiatives
Stay current with evolving regulatory trends and assess their business impact
Support change management initiatives and drive continuous operational improvements
Requirements:
Professional Qualification (At least 1 of the following): Chartered Accountant (CA)
Cost and Management Accountant (CMA)
Certified Public Accountant (CPA)
Chartered Financial Analyst (CFA)
Certified Treasury Professional (CTP)
Other equivalent professional qualifications from recognized bodies
Academic Qualification: Post-graduate degree in Finance, Accounting, Economics, or related field from a university recognized by UGC, AICTE, or equivalent authority in India or foreign jurisdiction
Experience Requirements: Minimum 10 years of relevant treasury experience in multinational corporate environment or banking sector
At least 5 years in management or supervisory roles
Proven track record in treasury operations within complex organizational structures
Experience in establishing or managing treasury centers preferred
Technical Competencies: Expert knowledge of treasury operations and cash management principles
Proficiency in Treasury Management Systems, ERP platforms, and advanced Microsoft Excel
Knowledge or use of Kyriba is a plus
Comprehensive understanding of banking products, payment networks, and intercompany lending structures
Experience with cash pooling arrangements and regulatory frameworks
Prior experience with IFSCA or SEZ compliance frameworks strongly preferred
Familiarity with GIFT City regulatory environment and operational requirements
Core Competencies: Exceptional analytical and problem-solving capabilities
Outstanding leadership and team management skills
Excellent written and verbal communication skills in English
Strong drafting abilities for policies, SOPs, and regulatory documentation
Ability to work independently with meticulous attention to detail
Flexibility to work adjusted scheduling for global stakeholder coordination
Strong ethical standards and professional integrity
Change management experience and operational improvement capabilities
Effective stakeholder management and regulatory liaison skills
Additional Requirements: Ability to travel as business needs require
Must meet 'fit and proper' criteria as defined under IFSCA Framework for Finance Company/Finance Unit undertaking Global/Regional Corporate Treasury Centre activities
Background verification and regulatory compliance checks will be conducted
Nice to have:
Knowledge or use of Kyriba is a plus
Experience in establishing or managing treasury centers preferred
Prior experience with IFSCA or SEZ compliance frameworks strongly preferred