Senior Manager - Treasury

WPP is on a global transformation journey, and this is an opportunity to join support the treasury activities for operating companies in India.

The role report to Regional Treasurer and responsible for overseeing India’s cashflow & liquidity, investments, banking relationships, foreign exchange risk to support business growth and financial stability.

This role will report into the Asia Pacific Treasurer, key responsibilities are:

• Monitor daily cash position and manage liquidity planning to ensure adequate funding for business operations in India.
• Prepare and maintain short-term and long-term cash flow forecasts (e.g., weekly, monthly, quarterly) to minimize idle excess cash.
• Optimize working capital and manage the deployment of surplus funds in deposit placement for yield enhancement.
• Lead and oversee the service fee settlement and dividend repatriation in timely manner.

• Serve as the primary point of contact for banking partners in India; negotiate terms, pricing, and facilities. Bringing their advice and expertise to bear as required for risk management or other purposes.
• Manage banking documentation, KYC, and regulatory compliance.

• Identify, manage, and report on foreign exchange (FX) exposure across the networks.
• Design and implement foreign currency hedging strategies for business operation as to mitigate their financial risks.
• Advise the business on FEMA (Foreign Exchange Management Act) compliance and requirements.

• Build deep relationship with CFOs and FDs across diverse networks and influence decisions on working capital and foreign exchange management.
• Support the communications of treasury policy and internal control standards, ensure it is applied in compliance with the related local treasury procedures.
• Monitor and assess the impact of local market conditions such as regulation, currency controls, financial products and advise on this internally.
• Support Treasury GBS team as required on joint or Treasury led developments.

• Support fund-raising activities through various instruments like bank loans, intercompany financing.
• Manage the loan drawdown and repayment of operating entities in India, including refinancing and ensuring timely servicing of debt obligations.

• Educational Background:
• Experience graduate / postgraduate 
• Qualified Chartered Accountant (CA), A CTP (Certified Treasury Professional) qualification is a strong plus.

• 11-15 years of progressive experience in corporate treasury, cash management, or a similar finance role.
• Proven experience with Treasury Management Systems (e.g., IT/2) is highly desirable.
• Deep understanding of RBI regulations, FEMA, and local banking practices.
• Strong experience in managing banking relationships and forex hedging instruments.
• Knowledge of derivatives and hedging currency exposures directly or indirectly.
• Knowledge of accounting in relation to FX gains and losses and where they arise.

• Strong analytical, communication, and stakeholder management skills.
• Profound understanding and operation experiences in cash management and FX risk management products
• Experience operating in a multi-currency, multi-entity global organization is a plus.
• Experience in Power BI a plus