Associate Manager (AM), Treasury

We are looking for a Treasury - Assistant Manager to join our Finance team, responsible for managing treasury operations across our Indian entity (PlaySimple Games Limited) and our Singapore entity (PlaySimple Games Pte. Limited). This is a high-visibility role reporting to the Senior Director - Financial Controllership, sitting at the intersection of cash management, foreign exchange, banking relationships, and regulatory compliance.

As the company scales towards an IPO, the treasury function is being institutionalised with a focus on optimising liquidity, managing cross-border fund flows, and strengthening compliance with FEMA, RBI and other local regulations. The ideal candidate will bring a sharp understanding of treasury operations in a multi-entity, multi-currency environment, and will play a central role in building the treasury infrastructure to support the company's next phase of growth.

Responsibilities:

• Cash & Liquidity Management: Monitor daily cash positions across India and Singapore entities; prepare short-term and medium-term cash flow forecasts to ensure adequate liquidity for operations and strategic commitments.
  
• Banking Relationships: Manage relationships with banking partners in India and Singapore; negotiate banking products, fees, and credit facilities; oversee bank account structures and authorisation matrices.
  
• Foreign Exchange Management: Monitor foreign currency exposures arising from intercompany transactions, vendor payments, and revenue receipts; execute FX hedges (forwards, options) in compliance with FEMA and RBI guidelines; maintain hedging documentation.
  
• Intercompany Fund Flows: Manage intercompany remittances between India and Singapore, including upstream/downstream loans, dividend repatriation, and operational transfers; ensure compliance with pricing at arm's length and applicable regulatory approvals.
  
• FEMA & RBI Compliance (India): Ensure timely filing of Softex forms via EDPMS for software export realisations; manage Form 145/146 for outward remittances; support RBI reporting requirements including FIRMS filings; liaise with AD banks on FEMA matters.
  
• MAS Compliance (Singapore): Ensure adherence to Monetary Authority of Singapore (MAS) requirements applicable to treasury and fund transfer activities; support statutory reporting for the Singapore entity.
  
• Investment Management: Manage short-term deployment of surplus funds in approved instruments; ensure returns optimisation within the treasury policy framework approved by the Board.
  
• Treasury Reporting & MIS: Prepare weekly and monthly treasury MIS including cash flow actuals vs. forecasts, FX exposure reports, and investment summaries for senior management and the Board.
  
• Internal Controls & Policies: Develop and maintain treasury policies, SOPs, and delegation-of-authority frameworks; support internal and external audits on treasury-related areas; identify process improvement opportunities.
  
• IPO Readiness Support: Support finance leadership on treasury-related workstreams for the IPO, including escrow management, use-of-proceeds tracking, and investor-related fund flows.
  
  

Qualifications

• Chartered Accountant (CA) or MBA in Finance from a reputed institution; additional treasury certification (AFP CTP or equivalent) is an advantage.
  

Requirements:

• 3-5 years of post-qualification experience in treasury, with at least 2 years handling treasury operations in a multi-entity or cross-border environment.
  
• Regulatory Knowledge: Strong working knowledge of FEMA, RBI regulations (Softex, EDPMS, AD bank processes), and foreign exchange management; familiarity with Singapore MAS regulations preferred.
  
• FX & Hedging: Hands-on experience in foreign currency risk management and execution of hedging instruments; understanding of hedge accounting under Ind AS 109 / IFRS 9 is preferred.
  
• Banking & Cash Management: Practical experience managing bank relationships, liquidity structures, and bank reconciliation oversight across multiple accounts.
  
• Systems: Proficiency in ERP systems; strong Excel/financial modelling skills; experience with treasury management systems (TMS) is a plus.
  
• Communication: Strong written and verbal communication skills; ability to engage with banks, auditors, consultants, and senior leadership effectively.
  
• Attributes: High ownership mindset, attention to detail, ability to work in a fast-paced environment, and comfort navigating regulatory ambiguity with a problem-solving approach.