Signify India | Treasury Operations Specialist

Responsibilities

• The role is responsible delivering the centralized treasury operations (In House Bank / Payment Factory, MiddleOffice), including the associated processes and IT systems/tools.
• Manages daily treasury activities to ensure efficient cash flow and liquidity.
• Coordinates with internal and external stakeholders to optimize treasury operations.
• Monitors compliance with treasury policies and financial regulations.
• Prepares and reviews treasury reports and documentation to support financial decision-making.
• Collaborates with finance teams to forecast cash needs and manage short-term investments.
• Execution of Treasury Operations activities focused on Payment Factory and Inhouse Bank processes and MiddleOffice and cash management.
• Establish and maintain bank relationships relevant for the scope of activities and responsibilities.
• Identify and advise management on issues and opportunities.Acting as a Treasury Operations contact for Treasury Departments (Corporate Finance incl.
• Operate, manage and develop the treasury operations, including the relevant processes and IT systems/tools.

Requirements

• Bachelor's or Master's degree in Finance, Accounting, Economics, or a related field, providing foundational knowledge in financial principles and treasury management.
• Minimum of 8-10 years of hands-on experience in treasury operations, including managing payment factories, in-house banking, cash management, and treasury IT systems.

Signify N.V.

Signify traces its roots to 1891, when Gerard Philips and his father Frederik founded Philips & Co. in Eindhoven, the Netherlands, to make incandescent light bulbs. Philips separated its lighting business and listed it on Euronext Amsterdam as Philips Lighting in May 2016; the company was renamed Signify in May 2018. Based in Eindhoven, it makes LED lamps and luminaires, connected lighting systems, and lighting for homes, offices, public spaces and sports venues. It still sells lighting under the Philips brand, alongside Philips Hue, WiZ, Interact, Dynalite and Color Kinetics, and bought Cooper Lighting Solutions from Eaton in 2020. In India it operates through Signify Innovations India Limited, formerly Philips Lighting India Limited, which has its registered office in Kolkata and its corporate office in Gurugram. Signify has a factory in Vadodara, innovation labs in Noida and Bengaluru, a Global Digital Centre in Bengaluru, Cooper Lighting operations in Pune and, since 2024, a Global Finance Service Centre in Noida handling accounting, credit and collection, reporting and purchase-to-pay.

Its finance openings in India are a financial analyst in FP&A in Pune, open to Chartered Accountants and to graduates in finance, accounting, economics or business administration, and a treasury operations specialist in Gurugram, who needs eight to ten years of hands-on treasury operations experience.

• Industry: Lighting: LED lamps and luminaires and connected lighting systems for homes, offices, public spaces and sports venues (Philips, Philips Hue, WiZ, Interact)
• Headquarters: Eindhoven, Netherlands (listed on Euronext Amsterdam)
• In India: Signify Innovations India Limited (formerly Philips Lighting India Limited), registered office in Kolkata and corporate office in Gurugram; Global Finance Service Centre in Noida