Back Office Analyst (Treasury Operations)

Position: Back-Office Analyst

Reporting to: Deputy Treasurer

Location: Mumbai or Hyderabad, India

Specifically looking to hire from Big Fours, MNC background.

Role Overview:

As a Treasury Back-Office Analyst, you will support the execution, control, and reconciliation of treasury operations across the Group. You will ensure timely and accurate confirmation, settlement, and monitoring of financial transactions, while maintaining strong control over treasury systems and cash processes. You will partner closely with Front Office, Middle Office, Accounting, and external partners to ensure operational excellence, compliance, and data integrity within the treasury function.

Key Responsibilities

• Transaction Processing & Settlement
• Perform back-office activities, including validation, confirmation and settlement of transactions using treasury systems (FIS, Finastra, 360T, etc.)
• Execute settlement of treasury operations (FX, intercompany loans, deposits, derivatives) via treasury systems and manual payments
• Ensure all transactions are processed accurately and within agreed timelines
• Reconciliation & Controls
• Perform daily reconciliation of treasury transactions against bank statements and TMS records
• Review and validate treasury transaction listings on a daily basis
• Monitor and perform key control checks (e.g. 360T reports, Finastra reports)
• Investigate and resolve discrepancies in a timely manner
• Static Data Management
• Process and reconcile changes in static data (e.g. SSIs, bank accounts, counterparties)
• Initiate and review updates to static data in treasury systems
• Ensure data accuracy, completeness, and compliance with internal control requirements
• Cash & Liquidity Support (incl. intra-Group funding)
• Support the update and maintenance of FX, intercompany and payment forecasts
• Consolidate and validate weekly cash forecasts from affiliates
• Assist in monitoring liquidity positions and short-term funding requirements
• Support intra-group funding operations, including cash pooling and intercompany loans
• Calculate and validate interest on cash pool balances, intercompany loans and other intra-group funding arrangements in line with agreed methodologies and transfer pricing policies

• Banking & Fees Management
• Support the team with bank administration processes
• Monitor bank fees and charges across accounts
• Follow up on discrepancies and initiate claims with banks where applicable
• Support optimization of banking costs and fee transparency
• KYC & Compliance
• Process and coordinate KYC requests with banks and internal stakeholders
• Ensure documentation is complete, accurate, and up to date
• Support compliance with internal policies and external regulatory requirements
• Controls & Risk Management
• Ensure adherence to treasury policies, procedures, and internal control frameworks
• Maintain strong segregation of duties between Front Office, Middle Office, and Back Office
• Support audit requests and provide documentation for internal and external audits

Qualifications

• Education & Certifications
• Bachelor's or Master's degree in Finance, Accounting, Business Administration or related field
• Experience
• 3–6 years of experience in treasury operations-, finance- or banking-back office
• Experience working with treasury management systems – Prior experience with FIS is a strong plus
• Exposure to multinational environments and intercompany transactions

Core Competencies

• Technical Expertise
• IT savvy with ideally experience in TMS platforms and banking infrastructure
• Ideally strong understanding of treasury operations (FX, loans, cash management settlements)
• Attention to Detail & Control Mindset
• High level of accuracy in processing transactions and reconciliations
• Strong focus on controls, compliance, and data integrity
• Analytical & Problem Solving
• Ability to identify discrepancies and resolve issues efficiently
• Structured and methodical approach to tasks
• Communication & Collaboration
• Clear and professional communication skills in English
• Ability to work effectively with global stakeholders
• Adaptability & Execution
• Ability to manage multiple deadlines in a fast-paced environment
• Proactive, reliable, and solution-oriented mindset