Treasury Professional - Currency

Treasury Professional responsible for Currency management for Siemens Ltd and other Group companies in India

In country Reporting to : Currency Manager, Siemens Ltd

Team : Individual contributor

Location : Mumbai

Coverage : Siemens Ltd and other group companies in India

Job Description : -

• Support the Currency Manager on all currency management tasks including supporting the business / project teams in identification of foreign currency risks & advise on mitigation of such risk by planning an effective hedging strategy
• Coordinate with the group companies in India to consolidate exposures and provide timely inputs to FX trader for hedging of open exposures
• FX operations including verification of underlying exposure, adequate documentation and timely inputs to the FX trader on booking / rollover / cancellation of hedges
• Advice on hedge accounting to businesses to avoid P&L volatility, monthly inputs to accounting team for posting of hedge book impacts for Siemens Ltd and group companies
• Periodic monitoring of FX risk for all group companies to ensure hedging in line with the Siemens internal risk management policy
• Quarterly reporting of net foreign currency position and hedge book status to management and board, internal reporting related to FX and commodity line items for global consolidation
• . Automation and digital initiatives with special focus on AI for transformation of treasury activities implementation of global best practices, tools and methodologies for India businesses
• Management of stakeholders - build transparency and trust across all partners collaborate with business teams and other regional currency managers

We don't need superheroes, just super minds

Make your mark in our exciting world at Siemens!

This role is based in Mumbai. But you'll also get to visit other locations in India and globe, so you'll need to go where this journey takes you. In return, you'll get the chance to work with teams impacting entire cities, countries, and the shape of things to come!

We're Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality, and we encourage applications that reflect the diversity of the communities we work in. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and creativity and help us craft tomorrow. Find out more about Siemens at :

Skills Required

Automation, Project Management, hedge accounting, Ms Office Suite, Sap, fx operations