Analyst – Treasury

Department: Treasury

Reporting To: Manager - Treasury

Job Location: Mumbai

Education Qualification Required: B Com/M Com

Number of Years of Experience Required: 2-4Yrs

Summary:

The Treasury Analyst is responsible for the day-to-day management of treasury operations, ensuring efficient cash flow, accurate financial reporting, and compliance with internal controls and regulations.

Key Responsibilities:

Daily:

• Cash Management:
• Prepare and share daily cash position reports with OpCo and regional teams.
• Report cluster and cash balances to GL and Treasury Manager.
• Manage fund flow and cash flow, including loan disbursements, payments, rollovers, and follow-ups.
• Share bank debits with the Payments team and credits with the Collection team.
• Share bank statements (collections) with relevant teams.
• Accounting and Reporting:
• Account for and approve treasury-related entries and share with the GL team for posting.
• Prepare Bank Reconciliation Statements (BRSs).
• Follow up with Collection and Payment teams to resolve open items in BRS.
• Arrange entries for Conversion of EEFC balances to INR as needed.
• Transaction Processing:
• Prepare fund transfer letters, dial online transactions, and prepare checks for manual transfers.
• Provide inward remittance purpose to banks for accurate credit allocation.

Weekly:

• Prepare and share weekly cash flow forecasts.
• Submit weekly cash reports to WPP Group Treasury.

Monthly:

• Prepare and review intercompany cash pooling workings, entries, and payments, ensuring compliance with SOX controls.
• Prepare Balance Sheet schedules (intercompany, expense, and income).
• Generate stale cheque schedules.
• Obtain balance confirmations and user access reports from banks.

Quarterly:

• Obtain bank mandates from banks.

Yearly:

• Ensure smooth dividend payout.
• Manage timely renewal of LEI code.

As and When Required:

• Handle documentation and setup for new account openings, bank mandate updates, net banking document execution, and signatory maintenance.
• Maintain Board Resolutions as per OpCo or WPP SSC Treasury instructions.
• Respond to audit queries (SOX, Statutory, Income Tax, Internal).
• Perform other treasury activities as required.

Mandatory Responsibilities:

• Comply with all Treasury Controls (SOX Controls) and CAS Controls.

Who you are:

You're open: we are inclusive and collaborative; we encourage the free exchange of ideas; we respect and celebrate diverse views. We are open-minded: to new ideas, new partnerships, new ways of working.

You're optimistic: we approach all that we do with confidence: to try the new and to seek the unexpected.

You're extraordinary: We are stronger together: through collaboration we achieve the amazing. We are creative leaders and pioneers of our industry; we provide extraordinary every day.

What we'll give you:

Passionate, inspired people – we champion a culture of people that do extraordinary work

Scale and opportunity – we offer the opportunity to create, influence and deliver projects at a scale that is unparalleled in the industry.

Challenging and stimulating work – unique work and the opportunity to join a group of creative problem solvers. 

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