Posted By
Posted in
Banking & Finance
Job Code
1615509
MANDATORY- KRA's and Key Activities
Responsible for the overall AR and Trade Finance process entailing
Domestic LC & BOE, Cash Applications, Reporting, Credit Notes and Debit Notes
Domestic discounting of ~ 300 Crores per Year
BOE creation for ~ 1000 Crores per Year
Export LC & BOE, Cash Applications, Credit Notes and Debit Notes & FMEA compliance
Collection of ~ 1000 Crores per Year
Import LC, CAD, Supplier Credit, FOREX Remittances
Raw Material Import of ~ 2,000 Crores per Year
Stores and Spares Import of ~ 500 Crores per Year
CAPEX Import of ~ 4000 Crores per Year
About:
- Manage overall performance of the F&A AR and Trade Finance process by providing strategic and operational leadership for the following JSW businesses
- Steel and Subsidiaries, Cement, Energy, Infrastructure, Paints
- Ensuring effective service delivery, maximum client satisfaction and team management
- Negotiate, develop and deliver SLAs and ensure flawless execution of operational processes and procedures by the SSC team
- Identifies causes for non-achievement of SLAs, develop solutions and execute the same.
- Monitor and report Key Performance Indicators (KPIs) on a timely and accurate basis
- Support business in handling the volume increase due to growth expansions, with the assigned team and minimal increase in Head Count
- Drive continuous improvement through Robotics, re-engineering, lean/six sigma, best practices framework, benchmarking, analytics to assure progressive service levels and lower costs
- Represent AR and Trade Finance functions in SSC governance meetings and performance reviews
- Conduct weekly meetings with stake holders and Create feedback mechanism to ensure no surprises
- Develop strategic & tactical plans to identify, analyse and effectively respond to client needs
- Actively engage with team managers and key managers to ensure customer satisfaction and address their pain points
- Analyse the market best practices and implement in the assigned process within GBS
- Work along with Transition team and identify process that can be moved to GBS
- Ensure process compliance with all business rules and regulatory directives, adherence to all operational process and procedures
- Adequate controls through ICFR to evaluate risk and implement mitigation plans.
- Manage the Statutory audit for the assigned functions
- Take overall responsibility for adhering to approved budget for the assigned functions and monitoring of cost and expenses
- Ensure effective people management and development of the operations team, including: staffing & selection, integration of new staff to teams, promote a learning culture, measure individual and team goals delivery, provide feedback and managing people issues, build a strong team culture,
- Ensure adherence to all statutory and legal requirements
- Identify additional scope for shared services based on changing business requirements and priorities of the Group.
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Posted By
Posted in
Banking & Finance
Job Code
1615509