Graduate in Commerce, preferably with a Diploma in Finance.
Responsibilities
Ensuring timely processing of export documents / Letter of Credit / Bank Guarantee / outward remittance
Keeping track of inward remittances / payments and ensuring credits in account
Sourcing funds with lowest interest rate through various interest products
Maintaining optimum balance in cash credit / current accounts for smooth functioning
Timely submission of stock statements / monthly stock and operating data etc. to banks to avoid lapse of facilities.
Maintaining cordial relations with bank officials
Ensuring trade finance activity related to import, export, bank guarantee and foreign remittances are in compliance with RBI guidelines and FEMA regulations, EDPMS, IDPMS, IRM, ORM.
Keeping an update of modifications, if any in existing guidelines
Mitigating currency risk with derivatives, and forward contracts
Development of systems for smooth functioning of department and decision making
Continuous updation of existing system to meet changing requirements.
Generating various MIS reports on periodical basis to have check on transactions and for decisions making.
Qualifications
Should have finance acumen.
Should be an effective communicator with good problem-solving and analytical skills.
Should be good with problem solving and decision making.
Should be good at networking.
Should be proactive and flexible to work in any demanding timeline environment.
Must have strong communication and negotiation skills.
