AVP/VP/Head - Export Finance - Manufacturing

We have an urgent opening for Head Export Finance (AVP/VP) - Mumbai with a leading Manufacturing Company.

JD:

Export Finance :

1. Oversee The Export Finance Function Involving Timely Negotiation Of Documents / Pre Shipment Finance / Brc/ Credit Arrangements

Financing For Procurement :

1. Responsible For Financing Activity For Capex Procurement + Raw Material Procurement

2. Negotiating Terms / Conditions With Bank For Letter Of Credit/ Other Import Remittances

3. Monitoring All Payments Related To Import For Capex / Raw Material Procurement

4. Responsible For Making Borrowing Arrangements (Buyer's Credit)

Other Foreign Remittances :

1. Responsible For Various Export Related Payments Like Commissions, Claims And Other Remittances

Forex Management :

1. Responsible For Forex Exchange Risk Management

2. Mitigating Risk By Reducing Impact Of Mtm On Profitability Wil

3. Responsible For Hedging Interest Rates Or Other Foreign Currency Assets And Liabilities To Reduce Interest Cost

Regulatory Compliances :

1. Ensure Legal And Secretarial Compliances With All Relevant Local Regulations And Statutory Requirements In Order To Minimize The Company's Risk Exposure And Liabilities

2. Compliance In Terms Of Proper Documentation And Record Keeping Support To Subsidiaries/ Wrl:

1. Providing Support To Oversees Subsidiaries And Wrl In Financial And Accounting Matters

Working Capital Management :

1. Effective And Efficient Cash/ Fund Flow Management To Keep Cost Of Working Capital In Check And Its Minimum

2. Monitoring And Management Of Export Debtors To Ensure Timely Recovery

3. Ensuring Timely Disbursement Of Funds/ Mobilising Working Capital Management

Financial Reporting :

1. Responsible For Timely Submission Of Related Information Required For Closure Of Accounts

2. Monitor Treasury, Accounting And Internal Audit Function, Taking Corrective Actions As Ans When Required

3. Ongoing Financial Reportings And Communication With Group Finance

Desired Candidate Profile :

- Must Have Lead Or Leading Team Of 15 To 20 Members

- Currently Must Be Working With Mnc (Indian Or Foreign ) Having Turnover Of Atleast Rs. 3000 Crores

- Analytical Skills/networking And Influencing Skills

- Understanding Of Sap Fico Module

- Knowledge Of FEMA/ RBI Guidelines

EDUCATION - CA/MBA Finance