Job Description

Advisor - Global Treasury Services

• Work for a diverse and global organization.
• A unique opportunity to be part of the Rio Tinto Group Services - Finance & Accounting Services
• Provide treasury accounting services to many stakeholders world-wide.
• Develop and improve processes.
• Location: Gurgaon, India

About the role

Finding better ways to provide the materials the world needs.


We are looking for an Advisor - Banking and Treasury for supporting organization's Banking and Treasury Operations and Bank account management area. This position is an excellent opportunity to join the Banking and Treasury team based in Gurugram. This dynamic team is responsible to assist and manage the large transactional operations for Global Banking and Treasury operations & Bank account management team to have strategic alignment with Front office, middle office, Group treasury teams, Group leadership and the wider finance and commercial organization.

What the role entails

Reporting line: Sr. Advisor - (Global Treasury Operations and Bank account Management)

Scope: Your scope will include (but not limited to) below:

• Should have hands on experience on handling cash forecasts and cash management activities including risk management.
• Conduct regular reconciliation of treasury bank accounts, identifying and resolving any discrepancies.
• Experience on Back Office confirmations of MMF, Reverse Repo, FX, and other financial instruments.
• Ensuring funding, Wires payments cash calls being validated before being approved with respect to authorized source documents in the process initiating the payment/transfer.
• Should have good understanding of banking related projects to establish new host to host connections, MT940 setups, APIs, virtual accounts, onboarding new banks, opening and closing of accounts etc.
• E-Banking Portal administration for various Global Cash management banks
• Assisting the team with documentation related to various bank facilities (Letter of Credit / Bank Guarantees /SLA agreements/bank mandates/other queries from bank).
• Bank guarantee management of the assigned region(s), including processing issuance/reception/cancellation and monitoring of KPIs and maintenance of Bank Guarantee Database
• Ensure compliance with relevant regulatory requirements, including reporting obligations and documentation.
• Collaborate with internal and external stakeholders, such as PTP, Payroll, Tax Team, and legal teams, to ensure alignment and efficient treasury processes.
• Will be responsible to maintain repository of Bank accounts, Bank Mandates and Bank signatory information which can be reproduced whenever required.
• Strong Knowledge in relation to adherence of banking compliances and procedures and controls like ACB, AML, KYC, cross border restrictions, sanctions, regulated markets etc. and have fair understanding of internal banking controls and Sox controls with experience of participating in internal and external audits.
• Manage relationships with the Company's global bankers and ensure compliance with their various reporting requirements. Able to communicate and build strong relationship with banks, negotiate with external parties (bankers, regulators, external counsels, etc.)
• Should have good understanding and participate of banking related projects to establish new host to host connections, APIs, virtual accounts, onboarding new bank etc.
• Participate in global and projects and improvements initiatives running in the organization.
• Managing or participating in the implementation of global improvements (including Knowledge management / Desk top Procedures standardization, Process Risk and Control Matrix, automation, & resolution of process inefficiencies).

About Yourself

We are looking for passionate candidates having:

• 8+ Year of experience in Treasury and Banking Domain
• Strong Stakeholder management and communication skills
• FERA & FEMA compliances, banking procedures, KYC & compliances FACTA, AML, ACB, SOX
• Experience in managing and handling of Banking documentation.
• Good understanding of accounting principles
• Sound understanding of financial markets, financial instruments, and debt instruments.
• Knowledge of banking relationships and covenants
• Appropriate handling of sensitive information
• Process design and documentation (SOP's, Flow charts etc.)
• Experience of working on tools such as SAP, Power App, Power BI., Excel and PowerPoint.
• Excellent time management and organizational ability
• Client relationship management and customer service skills
• Team player with the ability to communicate and coordinate with multiple parties.
• Sound knowledge of SAP/ ERP
• Strong Knowledge of Treasury Management Tool (E.g., Quantum or similar).
• Knowledge and understanding of Treasury, financial instruments or commodities would be viewed favorably.
• Strong Knowledge of MS Office including excel expertise /Teams /SharePoint / MS PowerPoint
• B. Com/M. Com/CTP/CPA/CS/CA/ICWA/BBA / MBA Finance
• 8+ years of Treasury Operations / Cash management / Back office, Banking account Management and strong documentation handling experience.
• Strong MIS, Communication (written and verbal) and stakeholder management skills

About us


Rio Tinto is a leading global mining and materials company. We operate in 35 countries where we produce iron ore, copper, aluminum, critical minerals, and other materials needed for the global energy transition and for people, communities, and nations to thrive. We have been mining for 150 years and operate with knowledge built up across generations and continents. Our purpose is finding better ways to provide the materials the world needs - striving for innovation and continuous improvement to produce materials with low emissions and to the right environmental, social and governance standards. But we can't do it on our own, so we're focused on creating partnerships to solve problems, create win-win and meet opportunities.

Where you will be working


The Rio Tinto office in Gurgaon (India) is one of our corporate hubs and houses service and support functions, as well as a portfolio of product groups including Copper, Coal, Iron Ore, Diamonds, Minerals, Exploration and Growth & Innovation.

Every Voice Matters


We are committed to an inclusive environment where people feel comfortable to be themselves. We want our people to feel that all voices are heard, all cultures respected and that a variety of perspectives are not only welcome - they are essential to our success. We treat each other fairly and with dignity regardless of race, gender, nationality, ethnic origin, religion, age, sexual orientation, or anything else that makes us different.


At Rio Tinto, we particularly welcome and encourage applications from Indigenous Peoples, women, the LGBTQIA+ community, mature workers, and people with disabilities and people from different cultural backgrounds.

So, if this sounds like you and the opportunity you are looking for, apply now or before 03 rd July 2024.


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