Senior Manager - Treasury (currency Risk, Insurance & Pensions) Job in Siemens

Senior Manager Treasury (Currency Risk, Insurance & Pensions)

Location: Mumbai, Maharashtra, India

Employment Type: Full-time, Permanent

Experience Level: Mid-level Professional

Role Overview

As a Treasury Professional supporting Siemens Energy business across India, Bangladesh, Sri Lanka, Nepal & Bhutan, you will lead key treasury functions focusing on Currency Risk Management, Insurance Risk Management, and Pension Management. This role demands strong collaboration with business units, project commercial managers, and external stakeholders to safeguard the company s financial interests through effective risk mitigation, insurance governance, and pension fund oversight.

Key Responsibilities

Currency Risk Management

• Act as the first point of contact for all currency management tasks and provide risk mitigation advice to business and project commercial managers.
• Consolidate foreign currency exposures, review project cash flows, and coordinate hedge requests with Fx traders.
• Monitor hedge book positions, update hedging strategies, and advise on balance sheet exposures in line with Siemens policies.
• Provide monthly offer calculation rates and report foreign currency and commodity exposure to the board quarterly.
• Support hedge accounting application and identify embedded derivatives.
• Foster transparency and collaboration with internal and regional teams, driving digitalization and automation of treasury processes.

Insurance Risk Management

• Oversee management of insurable risks and relationships with insurance service providers.
• Guide business units on insurance regulations, coverage optimization, and claims settlement processes.
• Ensure compliance with insurance regulations and alignment with group policies during risk placement and premium payments.
• Support quick and transparent claims settlement and avoid risks of over/underinsurance.

Pension Management

• Monitor performance of pension asset managers and control pension funding.
• Assist actuarial valuation processes for pension and employee benefit plans.

Qualifications & Experience

• Chartered Accountant and/or Master s in Business Administration from a reputed institution.
• 8 12 years of experience in corporate treasury/finance, especially in foreign exchange & commodity risk management and/or business commercial/project finance. Experience in Insurance and Pensions is preferred.
• Strong knowledge of currency & commodity markets, Indian central bank regulations, treasury and risk management, and insurance markets/regulations.
• Proficient in MS Office, Treasury Management Systems, SAP, and comfortable with customized IT tools.

Core Competencies

• Excellent interpersonal and stakeholder management skills.
• Proven experience in process optimization with a focus on digitalization and automation.
• Project management experience, delivering small-scale projects beyond routine tasks.
• Ability to manage multiple stakeholder expectations through intense collaboration.
• Basic knowledge of accounting principles including hedge accounting.