Job Summary

Why were hiring: The Senior Manager -Treasury Center of Excellence (COE) will be responsible for leading and strategically directing the global Treasury operations, with a core focus on Bank Reconciliations, Bank Account Management (Admin), Cash Liquidity Management, and Treasury Controls.

This role requires a seasoned leader to drive best-in-class operations, lead system automation (Auto-Reconciliations, TMS, ERP integration), optimize banking relationships, and ensure rigorous compliance and SOX controls across multiple operating companies (OpCos) and geographies.

What youll be doing

KEY responsibilities

Strategic Leadership Treasury COE Management

- Lead, mentor, and build a high-performing Treasury COE team, overseeing end-to-end Bank Reconciliations, Bank Administration, and Treasury operations.
- Formulate and execute the strategic roadmap for the Treasury COE to enhance operational efficiency, scalability, and control mechanisms.
- Act as the strategic liaison between Local Finance teams, OpCo Controllers, Group Treasury, and external Banking Partners.
- Standardize, mandate, and continuously update global Treasury Bank Reconciliation Standard Operating Procedures (SOPs).

Bank Reconciliations Cash Application Governance

- Drive end-to-end governance of daily, weekly, and monthly Bank Reconciliations across global bank accounts, ensuring zero un-reconciled aged items.
- Implement robust match-rule logic and automated workflows to achieve high straight-through processing (STP) rates for automated reconciliations.
- Oversee open-item management, dispute resolution, and cross-functional coordination with RTR, OTC, and P2P teams to clear reconciliation breaks promptly.
- Present monthly Treasury Reconciliation Dashboards, KPIs, and risk metrics to Senior Management.

Bank Administration Relationship Management

- Oversee global Bank Account Lifecycle Management-including account opening, closing, KYC/AML compliance, mandate management, and authorized signatory updates.
- Manage corporate bank fee structures, analyze bank charges, and optimize banking costs through negotiations and rationalize redundant bank accounts.
- Govern electronic banking platforms,



managing user access rights, SOD (Segregation of Duties) matrix, and security protocols across all banking portals.
- Serve as the primary escalation point for banking operational issues, portal access management, and SWIFT/host-to-host connectivity.

Cash Planning, Liquidity FX Management

- Direct short-term and long-term Cash Flow Forecasting, daily cash positioning, and liquidity optimization (pooling/sweeping arrangements).
- Ensure strict adherence to Group Credit, Investment, and Capital Allocation policies.
- Support working capital optimization strategies and mitigate foreign exchange (FX) operational risks.

Process Transformation, IT Automation

- Champion digitalization initiatives within the Treasury COE, leveraging modern Treasury Management Systems (TMS), ERPs (SAP/Oracle), SWIFT messaging, and AI/RPA-driven auto-reconciliation tools.
- Drive change management initiatives aimed at achieving process standardization, enhanced controls, and headcount/cost productivity.
- Partner with Internal IT and ERP specialists to drive continuous system enhancements, host-to-host (H2H) interface setups, and automated bank statement (MT940/CAMT) processing.

Audit, Governance Compliance

- Serve as the primary contact for Statutory Auditors, SOX/Internal Auditors, and Global Compliance teams concerning Treasury and Bank Operations.
- Enforce a bulletproof SOX control framework across all Bank Reconciliations and Bank Administration workflows.
- Ensure timely and effective closure of audit observations with robust corrective and preventive action (CAPA) plans.

What youll need

Qualifications Experience

- Education: Experienced Graduate/post graduate or MBA in Finance from a top-tier institute. Treasury certifications (e.g., CTP, AMCT) are a robust plus.
- Experience:



12 to 15 years of post-qualification experience with a major emphasis on Treasury Operations, Bank Reconciliations, and Bank Account Administration within a Global Shared Services (GSSC/GCC) or complex multi-national environment.
- Team Leadership: Proven track record of managing medium-to-large teams (15+ team members) and managing global stakeholders across time zones.

Technical Functional Expertise

- Deep expertise in Bank Reconciliation workflows, complex cash clearing, and sub-ledger matching.
- In-depth understanding of Bank Administration procedures, global banking rails (ACH, SWIFT, Finastra), and Bank Portals.
- Hands-on experience in reconciliation modules (ADRA) and dedicated TMS / Reconciliation tools.
- Strong understanding of internal controls, Segregation of Duties (SOD), and SOX framework within financial operations.

Soft Skills Leadership Competencies

- Strategic Vision: Ability to transform traditional transactional processes into a digital-first Center of Excellence.
- Stakeholder Vendor Management: Exceptional capability to build strong relationships with senior internal executive leadership and global banking partners.
- Problem-Solving Negotiation: Strong analytical mindset to resolve complex reconciliation breaks and negotiate bank fee structures/services.
- Change Agent: Demonstrated success in leading digital transformation and automation projects in the RTR/Treasury space.

Who you are

Youre open: we are inclusive and collaborative; we encourage the free exchange of ideas; we respect and celebrate diverse views. We are open-minded: to new ideas, new partnerships, new ways of working.

Youre optimistic: we approach all that we do with confidence: to try the new and to seek the unexpected.

Youre extraordinary: We are stronger together: through collaboration we achieve the amazing. We are creative leaders and pioneers of our industry; we provide extraordinary every day.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Senior Manager - Bank Reconciliation (Mumbai)
🏢 WPP
📍 Mumbai