Job Description:

The Treasury Manager, FX will be based in Chennai, India. In this position, you will report to the Director, Treasury. The Treasury Manager, FX is responsible for managing the company’s foreign exchange exposure, liquidity, and treasury risk framework across global operations. This role leads FX strategy, execution, and governance while partnering closely with Finance, Accounting, Legal, and external banking partners. The position also supports broader treasury activities, including guarantees, capital structure initiatives, and shareholder-related transactions. Watch “Culture is our Passion” to learn more about us.

We are looking for someone who demonstrates:

• Passionate drive to innovate and create
• Integrity to the core
• Enthusiastic customer focus
• Consistent interactive teamwork
• Desire for continuous improvement and top performance.

Here is a glimpse of what you will do:

Foreign Exchange & Risk Management

• Develop and execute the company’s global FX risk management strategy, including identification, measurement, and mitigation of transactional, translational, and economic FX exposures.
• Design and maintain FX hedging programs using appropriate instruments (forwards, options, swaps), in line with treasury policy and accounting requirements.
• Monitor global currency markets and macroeconomic developments; provide actionable insights and recommendations to senior leadership.
• Oversee FX trade execution, confirmations, settlements, and counterparty risk management.
• Ensure compliance with internal treasury policies, hedge accounting standards, and regulatory requirements.

Liquidity & Cash Management

• Manage global cash positioning, liquidity forecasting, and intercompany funding structures.
• Optimize banking structures, cash pooling, and liquidity usage across regions.
• Support working capital optimization initiatives in coordination with Finance and Operations.

Treasury Operations & Controls

• Maintain and enhance treasury policies, procedures, and internal controls.
• Partner with Accounting on hedge documentation, effectiveness testing, and financial reporting.
• Lead or support treasury-related system enhancements (TMS, banking platforms, FX portals).

Banking & External Relationships

• Act as a primary relationship manager for global banking partners on FX and treasury matters.
• Support bank fee analysis, RFPs, and negotiation of treasury-related services.

Additional / Bonus Responsibilities

Bank Guarantees:

• Manage the issuance, amendment, renewal, and cancellation of bank guarantees in accordance with contractual and commercial terms.
• Coordinate with Legal, Commercial, and banks to ensure guarantees are accurate, timely, and compliant with underlying agreements.

Share Repurchase Administration:

• Support the administration and execution of share repurchase programs, including coordination with banks, legal advisors, and internal stakeholders.
• Monitor compliance with board authorizations, regulatory requirements, and internal governance processes.

Here is some of what you will need (required):

• Bachelor’s degree in finance, Accounting, Economics, or a related field.
• Minimum 10+ years of progressive treasury experience, with a strong focus on FX risk management.
• Deep knowledge of FX markets, derivatives, and hedging strategies.
• Experience working with global banking partners and multinational cash structures.
• Strong understanding of hedge accounting principles and treasury controls.
• Flexible to work in US time zone.
• Experience with bank guarantee issuance and lifecycle management.
• Experience supporting or administering share repurchase or other capital markets transactions.

Here are a few of our preferred experiences

• Treasury or finance certifications (CTP, CFA, ACA, or equivalent).
• Experience with Treasury Management Systems (e.g., Kyriba, SAP Treasury, Quantum).
• Strategic and analytical thinker with strong risk management judgment.
• Excellent stakeholder management and communication skills.
• High attention to detail with the ability to manage complex, high-value transactions.
• Comfortable operating in a fast-paced, global environment.
• Strong governance mindset with a hands-on execution approach

At Nextpower, we are driving the global energy transition with an integrated clean energy technology platform that combines intelligent structural, electrical, and digital solutions for utility-scale power plants. Our comprehensive portfolio enables faster project delivery, higher performance, and greater reliability, helping our customers capture the full value of solar power. Our talented worldwide teams are redefining how solar power plants are designed, built, and operated every day with smart technology, data-driven insights, and advanced automation. Together, we’re building the foundation for the world’s next generation of clean energy infrastructure.

We are Nextpower