JOB PURPOSE 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.

KEY RESPONSIBILITIES

1. 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).

1. 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.

1. Bank Administration & Relationship Management

- Oversee global Bank Account Lifecycle Managementincluding 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.

1. 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.

1. 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.

1. 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.

ROLE-SPECIFIC SKILLS & ATTRIBUTES Qualifications & Experience
- Education: Experienced Graduate/post graduate or MBA in Finance from a top-tier institute. Treasury certifications (e.g., CTP, AMCT) are a strong 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.
- Robust 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.

📌 Senior Manager - Bank reconciliation (Treasury) (Mumbai)
🏢 WPP
📍 Mumbai