Associate â Forex & Investments
Associate â Forex & Investments
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Job Description
Job Summary
Assist in Managing Foreign currency risk of the Group
- To understand the exposure of the group to different currencies for both balance sheet exposure and anticipated cash flow exposure.
- The above activity is done on a group level and hence requires understanding of total subsidiary exposure and requires coordination with various units to ensure accurate computation of exposure.
- Assist in developing hedging strategies to minimize hedge cost and mitigating risk.
- Coordinate with various foreign/Indian banks for the conversion of daily cash flows obtain quotes for forward/options instruments and support the Chief dealer in the execution of trades.
- To understand the different accounting aspects of exposure management and assess the impact of foreign currency transactions of the group.
Assist in Managing Liquidity and investments of the group.
- Assist in developing investment strategies to maximize returns of surplus funds.
- Collaborate with various business units to assess fund requirements and assist in deployment of funds.
- Monitor Investment performance and provide regular reports.
Preparation of MIS Reports and Decision Support Analysis
- Prepare periodic MIS reports on forex and investments providing insightful analytical inputs to support strategic decision-making.
- Prepare treasury performance against plan number and highlighting key variances.
- Preparation of reports Like un-hedged foreign currency exposure Underlying details to banks accordance with RBI guidelines.
- Lead efforts on improvement / enhancement of SAP TRM with support from Treasury Controller and Back-Office
ussions for the team.
Qualifications :
Educational Qualifications: CA/ MBA
Experience Required: 2-3 years of relevant experience
Additional Information :
About the Department
Finance
The Finance function at Dr. Reddys goes beyond the traditional roles of monitoring costs supervising accounting and creating reports. Deep into its digitalization transformation journey the function works with all departments in the organization as a strategic partner and plays a major role in supporting management in its decision making.
The function is distributed globally and has business partnering teams allied to different business units as Controller and Planners. And secondly distributed as multiple Centre of Excellence housed in Corporate office such as treasury Risk & Assurance Taxation Corporate Analytics Investor Relations GFRT and GBS.
Benefits Offered
At Dr. Reddys we actively help to catalyse your career growth and professional development through personalised learning programs.
The benefits you will enjoy at Dr. Reddys are on par with the best industry standards. They include among other things and other essential equipment joining & relocation support family support (Maternity & Paternity benefits) learning and development opportunities medical coverage for yourself and your family life coverage for yourself.
Our Work Culture
Ask any employee at Dr. Reddys why they come to work every day and theyll say because Good Health Cant Wait. This is our credo as well as the guiding principle behind all our actions. We see healthcare solutions not only as scientific formulations but as a means to help patients lead healthier lives and were always attuned to the new and the next to empower people to stay fit. And to do this we foster a culture of empathy and dynamism. People are at the core of our journey over the last few decades. They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success. We believe that when people with diverse skills are bound together by a common purpose and value system they can make magic.
For more details please visit our career website at Work :
No
Employment Type :
Full-time
Employment Type
Full-time
