Assistant Manager - Treasury & Banking

Designation: Assistant Manager

Role: Treasury & Banking

Location: Bhandup, Mumbai

About the employer: One of the leading players in the building material segment

Role Responsibilities:

Bank Liaisoning:

1. Management and control of forex transactions, forex rate analytics, and decision making (forex management).

2. Enable and negotiate bank facilities based on company requirements: WCDL, Buyers Credit, Import Finance, other loans, and working capital facilities.

3. Securitization of documents and coordination with banks for lien/charge requirements.

4. Import documents lodgment and query resolution with banks for lodgment (including LC/Letter of Credit handling).

5. Closure of banking compliance deliverables, e.g., QIS forms, UNFC filings, due diligence reports.

Accounting:

1. Uploading overseas supplier payments in bank portals and ensuring accurate payment instructions (including foreign exchange booking).

2. Managing bank repayments and schedules for import finance, buyers' credit, letters of credit (LC), and bank guarantees (BG).

3. Bank payment entries related to foreign exchange and reconciliation of forex gains/losses.

4. Preparation and maintenance of daily fund flow statements and cash management.

5. Lodgment of export documents and closure of IRM and ORM processes.

6. Preparation of monthly stock statements and UNFC reporting.

Securitization of Documents & Controls

1. Monitoring and control of bank charges related to day-to-day operations.

2. Closure and reconciliation of EDPMS and IDPMS entries and related documentation.

3. Monthly provision of expenses & income (if any) with proper workings and supporting schedules.

Qualifications & Skills:

Experience: 6-11 years

Skills: Forex Management, EDPMS/IDPMS, LC, BG & MIS