Forex Manager

Role Summary: We are seeking an experienced Forex Manager to oversee and manage all foreign exchange operations for Cult.fit. This role will be crucial in managing currency risks, optimizing foreign currency transactions, and ensuring compliance with all relevant regulations. The Forex Manager will work closely with the finance and treasury teams to support the company's international business activities and growth strategies.

Key Responsibilities:

• Develop and implement comprehensive forex strategies to mitigate currency exposure and optimize foreign exchange costs.
• Monitor global currency markets and analyze economic and political events that may impact exchange rates.
• Execute foreign currency transactions, including spot and forward contracts, options, and other hedging instruments.
• Manage relationships with banks and financial institutions for forex services and competitive pricing.
• Ensure compliance with all Indian and international regulations related to foreign exchange transactions and reporting.
• Prepare regular reports on forex exposure, hedging activities, and market outlook for senior management.
• Collaborate with accounting and treasury teams to ensure accurate recording and reporting of forex-related transactions.
• Provide insights and recommendations on forex strategies to support business expansion and international investments.