Accountant with Banking Experience  

Qualification: CA or MBA in Finance

Job Role & Responsibilities:

- Financial Management:

- Handle office budgets, and track and report on all expenditures.

- Prepare monthly, quarterly, and annual financial reports.

- Oversee general ledger management and ensure accuracy in all financial records.

- Ensure timely payment of invoices and expenses and reconcile accounts.

- Banking & Relationship Management:

- Develop and maintain strong relationships with the company's banks to facilitate smooth financial operations.

- Work with banks to manage L/Cs (Letter of Credit) , Bid Bonds , Guarantees , and Fund and Non-Fund Based Limits .

Coordinate with banks for Letter of Guarantees (LG) , Bank Guarantees (BG) , and other financial instruments required for business operations.

- Negotiate terms and rates with financial institutions to secure favorable financing terms for the company.

- Treasury Management:

- Monitor cash flow, prepare cash flow forecasts, and manage working capital to ensure liquidity.

- Ensure compliance with regulatory and internal policies related to banking transactions.

- Internal Controls:

- Develop and implement financial policies and controls to safeguard the company's assets.

- Ensure the implementation of effective internal controls for all financial processes.

- Provide recommendations for improvements in financial systems and processes.

- Tax & Compliance:

- Ensure compliance with tax regulations and assist in tax filing and audit preparation.

- Liaise with auditors and provide the necessary financial documentation for audits.

Key Requirements:

- Experience:

- 10-15 years of experience in accounting with a strong focus on banking operations and relationship management.

- Prior experience with L/Cs, Bid Bonds, Bank Guarantees, and handling Fund and Non-Fund Based Limits.

Experience in budgeting, financial planning, and treasury operations.

- Educational Qualification:

- CA (Chartered Accountant) or MBA in Finance is required.

- Skills & Competencies:

- Strong relationship-building skills with banks and financial institutions.

- In-depth knowledge of banking products such as L/Cs, Bid Bonds, Guarantees, and LG/BG .

- Proficient in financial reporting, budgeting, accounting software, and Excel.

- Excellent communication skills and the ability to interact effectively with internal teams and external financial partners.

- Strong problem-solving abilities, attention to detail, and time management skills.