01Overview
Job Title: Senior Executive- Treasury Specialist Back Office Location: BengaluruABOUT UNILEVER:Be part of the worlds most successful, purpose-led business. Work with brands that are well-loved around the world, that improve the lives of our consumers and the communities around us. We promote innovation, big and small, to make our business win and grow; and we believe in business as a force for good. Unleash your curiosity, challenge ideas and disrupt processes; use your energy to make this happen. Our brilliant business leaders and colleagues provide mentorship and inspiration, so you can be at your best. Every day, nine out of ten Indian households use our products to feel good, look good and get more out of life giving us a unique opportunity to build a brighter future.Every individual here can bring their purpose to life through their work. Join us and youll be surrounded by inspiring leaders and supportive peers. Among them, youll channel your purpose, bring fresh ideas to the table, and simply be you. As you work to make a real impact on the business and the world, well work to help you become a better you.ABOUT UNIOPS:Unilever Operations (UniOps) is the global technology and operations engine of Unilever offering business services, technology, and enterprise solutions. UniOps serves over 190 locations and through a network of specialized service lines and partners delivers insights and innovations, user experiences and end-to-end seamless delivery making Unilever Purpose Led and Future Fit.Business Context and Main Purpose of the Job:Unilever worlds most successful, purpose-led business looking for strengthening its future-fit team to drive sustainable business through superior performance, consistently delivering financial results in top third of our industry.UniOps (Erstwhile Unilever Enterprise & Technology Solutions (ETS)) is a global business unit that will manage the companys shared business services, made up of HR Services, Finance Transactions, IT services, Information Management Services and Workplace Services.Mission - To provide excellent services globally which enable Unilever to win in the market byputting the business goals at the heart of what we doleveraging cost-effective, best practice, global solutions across Unilever to meet users needsmaking continuous improvement in both cost and service an integral part of our way of workingbuilding a professional services organisation that enables our people to give their bestdeveloping win-win relationships with selected providers to meet our current and future requirements.The key benefits from UniOps are expected to be:Lower cost of delivery through standardisation, simplification, process harmonisation & scale leverage.Better user experience by delivery of integrated service bundles to end-user.Continuous improvement through end-to-end process ownership.Within the service catalogue of UniOps, Commercial Experience organisation is responsible for the management and delivery of finance and supplier services globally, both through third-party outsourced providers (e.g., IBM, Capgemini) and through in-sourced operations.The treasury reporting and control back-office team is part of treasury expertise operations with in larger Commercial Experience organisation is responsible for all settlements, reconciliations, and management of all Treasury related banking activities at Unilever. Back Office also takes care of monthly current account interest rates management and settlement of all intercompany entities within Unilever with the inhouse bank. In addition, the team is also responsible for maintenance, monitoring and critically controlling any new bank account additions to the Treasury system. It is also responsible for Sox and other process controls by constantly assessing the risk to Unilever and maintaining Service Level Agreements (SLAs) between the inhouse bank and the operating entities in Unilever. Key activities summary: Treasury Back Office Working under supervision of the manager, responsible on daily basis to ensure On time in full settlements of all treasury trades that include Bonds and Commercial Papers settlements including periodic interest settlements FX derivatives and MM trades with external counterparties Intercompany settlements like loans, interests, payments, derivatesIntra entity bank to bank transfers Responsible for Trade Confirmations using SWIFT MT channels and emails with counterpartiesDaily Bank reconciliations to match all cashflows from the Treasury system to the bank statements and ensure all timely resolution of all open items. Support Master data setup and maintenance of clients and counterparties, MT940 interfaces, bank account setups Regulatory reporting of derivatives like EMIR Main AccountabilitiesOn time and in full settlements and confirmations of all Treasury transactions (zero tolerance to error)Daily reconciliations of all treasury related bank accounts maintaining zero open items Completing .
