Corporate Risk & Cash Specialist
Description
Corporate Risk & Cash Specialist
Location: Chennai, India
Required Language: English
Employment Type: Full Time
Seniority Level: Mid-Level
Travel : 10 %
Travel : 10 %
Buckman is a privately held, global specialty chemical company with headquarters in Memphis, TN, USA, committed to safeguarding the environment, maintaining safety in the workplace, and promoting sustainable development. Buckman works proactively and collaboratively with its worldwide customers in pulp and paper, leather, and water treatment to deliver exceptional service and innovative specialty chemical solutions to help boost productivity, reduce risk, improve product quality, and provide a measurable return on investment. Buckman is in the middle of a digital transformation of its businesses and focused on building the capabilities and tools in support of this.
Purpose
The Corporate Risk & Cash Specialist supports Buckman’s enterprise value growth by ensuring effective cash, liquidity, and risk management across the organization. This role provides cost‑efficient financial resources to the business, safeguards corporate assets, and minimizes financial risks through disciplined cash, banking, foreign exchange, and insurance administration.
As a key support function, Treasury enables strong free cash flow, financial stability, and alignment with Buckman’s strategic objectives.
The Corporate Risk & Cash Specialist supports Buckman’s enterprise value growth by ensuring effective cash, liquidity, and risk management across the organization. This role provides cost‑efficient financial resources to the business, safeguards corporate assets, and minimizes financial risks through disciplined cash, banking, foreign exchange, and insurance administration.
As a key support function, Treasury enables strong free cash flow, financial stability, and alignment with Buckman’s strategic objectives.
Key Responsibilities
Cash & Banking Operations
Cash & Banking Operations
- Manage daily US/Canada cash operations, including bank reconciliations, wires, ACH, book transfers, and check processing.
- Monitor daily bank balances and provide timely reporting to Controllers and management.
- Administer positive pay exceptions, retiree insurance debits, SAP check processing, and stop payments.
- Maintain accurate cash management procedures and documentation in SharePoint.
Liquidity & Cash Forecasting
- Review and analyse weekly cash forecasts across US bank accounts.
- Identify cash surpluses and shortfalls and assess near-term funding needs.
- Prepare and communicate funding recommendations, highlighting risks and variances.
Treasury & Risk Management
- Monitor daily liquidity and cash positions to ensure uninterrupted operations.
- Support cash deployment, short-term investments, and funding decisions.
- Identify and mitigate liquidity, counterparty, and operational risks.
- Update global FX rates and support treasury-related reporting.
Banking Services & Relationship Management
- Set up and manage banking services, train users and document procedures.
- Maintain authorized signatories in line with corporate policies.
- Manage bank relationships and resolve issues efficiently, ensuring service continuity.
- Prepare and manage FBAR and other required banking-related filings.
Audit, Controls & Compliance
- Ensure treasury and cash activities comply with internal controls and regulatory requirements.
- Maintain audit-ready documentation and support internal and external audits.
- Monitor bank covenants, approvals, and authorization limits; address audit observations promptly
Key Competencies
Treasury & Cash Management
Treasury & Cash Management
- Cash management, liquidity planning, funding, and investments
- Banking products including loans, guarantees, LC, overdrafts, and cash pooling
- Working capital analysis and optimization
Risk Management & Financial Analysis
- FX exposure management and hedging strategies
- Interest rate risk management and derivatives
- Cash flow forecasting, financial modelling, and scenario analysis
Accounting, Controls & Governance
- IFRS / GAAP treasury-related accounting (hedge accounting preferred)
Treasury policies, internal controls, and regulatory compliance
Preferred Qualifications
- Semi-qualified or qualified Cost Accountant / Chartered Accountant
- Master’s degree in accounting, Finance, Treasury, or related field
- 6–10 years of relevant experience in corporate treasury, cash management, and financial risk management
- Exposure to multinational or global treasury environments
- Experience with treasury systems, banking platforms, and financial reporting tools
Personality Traits / Professional Attributes
- Sound judgment and risk-aware decision-making
- High ownership, accountability, and professionalism
- Strong collaboration and stakeholder management skills
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