Deputy Manager - Banking & Forex

1. Funds & working Capital management : Planning and execution of Cash Flow/Fund Flow based on internal guidelines. Ensuring un-utilized funds are parked in fixed instruments to ensure effective utilization. Tracking working capital gaps by making timely arrangement of working capital loans form bankers. Effective utilization of un-utilized working capital through various banking products i.e. PCRE, PCFC & WCDL

2. Execution of Various Term Loan & Renewals: Prepare annual capex requirements and explore various Term Loans for funding the capex. Post management approval ensure all the required loan documentation is executed as per the decided the time lines. Ensure key terms, covenants and security is incorporated in agreements with bankers as per the internal guidelines. Monitor disbursements are effectively deployed for the purpose of loan drawn.

3. Execution of Inland & overseas LC / BG : Providing the Inland/Overseas Letter of Credit/Bank Guarantee for Supplier/Customer based on internal approvals. Ensuring the closure is executed effectively by monitoring along with initiator/buyer against the conditions specified in the instruments.

4. Borrowing/ICD's Monitoring: To ensure the timely principal & interest payment of all the borrowings or madeon time so that internal and statutory regulations will be fulfilled.

5. Periodical Payment: Monitor all the vendors and statutory payments as per the SOP's and due dates.

6. FEMA & Other Compliance: Monitoring and controlling EDPMS, IDPMS, BRC, FIRC, ECB returns, Banking covenants reporting, Advance Tax inputs and any other statutory certification requirements and compliances are adhered as per the time lines.

7. Forex Management : Provide the projected Export / Import , forex loan repayment data to forex consultant as and when required, arrange the monthly meeting with forex consultant , preparation the monthly forex MIS. Also ensure effective deployment of forex policy.

8. Statutory Audit requirement: Ensuring all the required workings, documents, confirmations, are submitted as per time lines to auditor and effective closure of queries independently. This mainly includes providing the Short Term/Long Term Loan, PCRE Term Loan & interest working, provide the Annual Forex Gain/ Loss re-instates working for Export customer & Import suppliers. Provide the CSR/ donation working, other income provision, yearly bank balance confirmation, security deposition working. Also provide the Forward contract MTM working, interest payable/ receivable working.

9. Export Incentive Accounting: Ensure accurate accounting is completed by taking cognizance of exports made, incentive accrued and incentive realized. Also provide required workings to ensure export incentive MIS is aligned with books of accounts.

10. Supporting Head Accounts for Identifying borrowing requirements (TL & WCL), negotiating with various bankers to keep the borrowing cost minimum.

Knowledge of SAP is mandatory.

Qualification- MBA, M.COM, B.COM

Salary offered - 10-15 LPA