Manager -Foreign Exchange

UMEDICA is a vertically integrated company engaged in the manufacturing and export of a wide range of finished formulations i.e., Injectable, Tablets, Capsules, Suspensions, Dry Syrups, etc. UMEDICA's manufacturing facility, located in Vapi (Gujarat), is approved by global regulatory. UMEDICA was founded in 1983 and has business operations in more than 85 countries including EU, UK, USA, Canada, Australia, Middle East, Central & South American countries, Africa, Asia & CIS countries.

We at UMEDICA strive to achieve more through a culture of innovation & continuous improvement.

This position is based at our Head Office at Nariman Point Mumbai and will report to the Head of Accounts & Finance.

The remuneration package will be commensurate with the incumbents professional experience and will be in line with market standards.

Essential skills and experience:

The incumbent should have 6-10 years experience in a Foreign Exchange function. Specifically:

• Managing Foreign Exchange (Fx) risk of the company by natural and/or financial hedging instruments like Forward Contracts/ Future & Options etc.
• Reviewing and updating Hedging Policy of the company.
• Monitoring MTM on Open Fx Exposure and FC.
• Preparation of Fx MIS and managing Treasury Management System (TMS)
• Exposure of IRS (Interest Rate Swap), Currency Swap Agreements shall be added advantage.
• Exposure of FCTL, FCNR, ECB loan shall be added advantage.