Senior Executive-Banking & Treasury

Preferred candidate profile:

• Knowledge of MS excel, Power point and SAP
• Well-organized with ability to prioritize.
• Good communication and interpersonal skills
• Strong organizational and methodical skills with the ability to multi-task
• Attention to detail and discreet with confidential information along with problem-solving ability
• Understanding of data analysis and forecasting
• Ensure compliance with accounting policies
• Ensure Quality over financial transactions and financial reporting
• Review of both Balance Sheet and P&L
• Utilize accounting IT system to facilitate processes and maintain records
• Knowledge of accounting and financial processes (budgeting, financial closure, reporting etc.)

Role & responsibilities:

• Handling centralized treasury at corporate office, with monthly budget preparation, funds disbursing to units, controlling & utilization of fund Preparation of Funds Position with taking effect of Debtors & Creditors ageing, limit availability, Recovery, Payment with due date of Term Loan, ECB Loan payments and with any other requirement of payments or trade transactions at different cost centre.
• Fund Management
• Preparation of Bank MIS such as Receipt and Payment Report.
• MIS related to LC, Buyers Credit, BG etc.
• Trade Finance
• Preparation and infusion of working capital borrowing through commercial papers & other financial / bank instruments
• Monitoring of Funds position on regular basis
• Security charge creation including joint documentation with consortium of banks and arranging the Pari Passu Letters and NOCs from existing banks
• Arranging all the operational arrangements i.e. Online Banking View & Transaction, CMS, Online Trade Reports
• Checking and authorization of All type of bank charges as per our sanction terms with banks and minimizing the cost to company due to charged excess charged by bank
• Preparation of Forex Report (Hedging) covering the (booking/Cancellation of forward contract, FCY conversion as per Futures orders and expected FCY inward remittance.
• Issuance of Bank Guarantee (Inward and outward) and advance bank guarantees Preparations, vetting & Invocation matters and maintaining all reports
• Implementation of Bank Guarantee Report, LC Report, Bill discounting, Investment Report and Collection Report generation and updatation in Oracle and maintaining or further improvements.
• Creation/modification of security charge with Registrar of Companies
• Arrangement of pari passu letters from the existing lenders for ceding the security charge in favour of new lender
• Arranging the requisite certificates as per SEBI / FEMA guidelines on foreign exchange exposure and unhedged foreign currency exposure
• Analyse the data from all the divisions/businesses for the monthly stock and receivables report for onward submission with banks
• Analyse the quarterly operating statement and the half-yearly operating statement for submission with the bankers
• To plan, coordinate and arrange the stock audit from the empanelled auditor of Lead Bank of Consortium and its successful closure of report
• Arrangement of data for annual surveillance of rating from external credit rating agencies