Role Purpose
The Treasury Controller will provide endtoend backoffice support to Group and Regional Treasury teams, ensuring accurate calculation, reconciliation, reporting, and control of interest, FX, liquidity, and treasuryrelated P&L. The role is critical in ensuring integrity of treasury numbers, timely MIS, and alignment between treasury calculations and accounting records.
Key Responsibilities
1. Interest, Financing & Cost Calculations
- Calculate and validate interest expense on external/IC borrowings, including term loans, revolving credit facilities, bonds, WC facilities and other debt instruments.
- Compute estimated interest income on deposits, money market instruments, intercompany placements, and other treasury investments.
- Calculate factoring costs, including discount charges, interest components, and related fees, and reconcile them with bank / factor statements.
- Estimate and track finance charges
- Prepare IC loan roaster and monitor interest rates & quantify FX risk on these loans.
2. FX Revaluation & Market Valuations
- Calculate foreign exchange revaluation gains / losses on:
- Realized FX exposures
- Unrealized FX exposures arising from balance sheet items
- Perform marktomarket (MTM) valuation of FX derivatives, including forwards, swaps, and other hedging instruments, covering:
- Realized gains / losses on settled derivatives
- Unrealized MTM movements on open positions
3. Reconciliation & Accounting Interface
- Reconcile interest income, interest expense, FX gains/losses, and derivative MTM as per treasury calculations with accounting records. Also perform actual vs Budgeted Finance cost.
- Investigate and resolve reconciliation differences in coordination with relevant stakeholders
- Support monthend, quarterend, and yearend close activities related to treasury.
4. Liquidity & Cash Position Reconciliation
- Reconcile liquidity and cash positions across: Regional treasuries ,Business platforms & Grouplevel consolidated cash positions
- Ensure consistency between Bank statements, Treasury management system (TMS) & ERP / accounting systems
5. Market Desk & Treasury P&L Monitoring
- Monitor and report P&L of the treasury / market desk
- Prepare periodic variance analysis explaining drivers of treasury P&L movements.
6. Reporting, MIS & Disclosures
- Support preparation of regular treasury MIS, dashboards, and management reports,
- Assist in preparation of financial statement disclosure notes
- Provide data and analytical support for internal audits, external audits, and regulatory reviews.
Key Skills & Experience
- Strong understanding of treasury operations, FX, derivatives, and interest calculations
- Solid accounting knowledge, especially financial instruments and FX accounting
- Excel skills; exposure to Treasury Management Systems (TMS) and ERPs is a plus
- Ability to work across time zones and coordinate with global stakeholders
- Strong control mindset and comfort working in a shared services environment
- 3 to 4 years of experience in treasury operations, controllership, or GBS treasury support
- Prior exposure to global or regional treasury environments preferred
