Job Title
Senior Associate – Treasury Accounting
Function / Department
Finance – Treasury & Capital Management
Location
Bengaluru
Reports To
Head of Treasury
Employment Type
Full-time
Role Summary
The Senior Associate – Treasury Accounting is responsible for end-to-end treasury accounting and investment book management across the RMZ group of entities, including investor entities (CPPIB, MF). The role ensures timely closure of books, accurate accrual and interest accounting for fixed deposits and related-party loans, efficient deployment of surplus funds, and reliable MIS reporting. It also owns banking coordination, intercompany transactions, and audit support, requiring strong SAP proficiency, accounting rigour, and the ability to manage high transaction volumes within strict timelines.
Key Responsibilities
- Investment & FD book management: Review the investment book and deploy surplus funds in fixed deposits and sweep FDs on a weekly basis; monitor rollovers and redemptions; maintain float balances at optimal levels.
- FD & RTL accrual: Post monthly, quarterly and yearly accruals for fixed deposits and related-party term loans (RTL) across investor entities in SAP, by the 5th of every month, ensuring timely audit closure.
- Interest & investment accounting: Account for FD interest received, fresh placements, redemptions and sweep FDs accurately; carry out monthly accruals for MF and CPPIB entities.
- Book closure & reconciliation: Facilitate closure of bank reconciliation statements (BRS) across 95%+ of 140 group bank accounts by the 7th of each month; reconcile TDS and GST fund availability and process transfers.
- Intercompany loans & transfers (ICL): Account for and monitor inter-company and intra-company loans and transfers, including obtaining approvals and ensuring compliance.
- Banking relationships: Negotiate best FD rates with banks, forge and maintain banking relationships, and extract efficiencies on investment interest income.
- Payments & direct debits: Coordinate vendor payments with banks, service credit card payments 100% by the 25th of each month and verify direct debits in bank accounts and post necessary entries.
- LC accounting: Account for letters of credit for project entities and track outstanding obligations.
- SAP & new entities: Create and maintain new entities, house banks and bank accounts in SAP, including testing, data upload, mergers and account closures.
- MIS reporting: Prepare and circulate the FD tracker by the 5th of each month, project balances report every Friday, and quarterly investment MIS for stakeholders and investors.
- Audit & coordination: Coordinate with and address treasury audit queries, follow up on open items and invoices, and provide clarifications to auditors.
Key Performance Indicators
- FD tracker shared by 5th monthly; project balances report every Friday.
- BRS closure across 95%+ of group accounts by the 7th of every month.
- FD and RTL accruals posted in SAP by the 5th of every month.
- Credit card payments serviced 100% by the 25th of every month.
- Weekly review and placement of surplus FDs; interest income maximised and float balances minimised.
Qualifications & Experience
- CA / CMA / MBA (Finance) or equivalent; B.Com / M.Com with relevant treasury accounting experience.
- 6–10 years of experience in treasury accounting, investment accounting or corporate finance, preferably in real estate, infrastructure or a multi-entity group.
- Hands-on SAP experience, particularly in treasury, banking and GL modules; strong MS Excel skills.
- Sound knowledge of FD/investment accounting, accruals, BRS, TDS/GST reconciliation and intercompany transactions.
- Detail-oriented, deadline-driven, and able to manage high transaction volumes with accuracy.
- Good banking relationship and negotiation skills, with the ability to coordinate across banks, auditors and internal stakeholders.
