Team Member - Finance (Treasury)

FX Risk Management

·       Execute FX spot, forward, and swap transactions in line with the company’s hedging strategy.

·       Monitor and manage daily FX exposures and ensure alignment with internal risk limits.

·       Liaise with banks and financial institutions to obtain competitive FX rates and market insights.

·       Analyse market trends, macroeconomic indicators, and geopolitical developments to support FX decision-making.

·       Collaborate with internal stakeholders for Forex Exposure collation.

·       Ensure compliance with internal policies, RBI/SEBI regulations, and audit requirements.

·       Assist in developing and implementing FX risk management strategies and policies.

·       Record accounting entries in SAP for newly booked forex hedge contracts, premature utilisation, early delivery charges (cash flow), and hedge contract cancellations.

Investment Reporting

·       Responsible for reporting downstream investments with AD Bank for obtaining approval of Form DI through the RBI FIRMS Portal.

·       Prepare and submit Form FC for overseas investments, including updates related to changes in SDS details and liquidation of SDS entities.

Month/ Quarter End/Yearly & Daily activities

·       Preparing and passing provisional entries on monthly basis relating to CG Commission, FX Derivative MTM, ECB MTM, and charging cost to books quarterly pertaining to ECB Interest.

·       Reconcile FX Derivative Contracts between SAP and bank records.

·       Preparation of Fx P&L monthly and Board note quarterly.

·       Preparation of UFCE quarterly and circulating to AD banks.

·       Preparation of Annual Performance Report for overseas subsidiaries

·       Preparation of FLA yearly.

·       Preparation of Anticipated exposure yearly for circulating to AD banks to set up limits for Hedging limits.

·       LEI Renewal for Ashok Leyland limited