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05/05 Akshay Datt
Founder at Unnati

Views:772 Applications:120 Rec. Actions:Recruiter Actions:10

Trade Finance Manager - Export - FMCG - CA/ICWA (9-13 yrs)

Noida Job Code: 820502

Our Client is the world's largest FMCG brand manufacturer and exporter with a legacy spanning over 120 years. They are India's first integrated company with a comprehensive product chain. Our client is a billion dollar top line company holding 45% market share in India and 50% share in the export market.

As Trade Finance Manager-Export, you will be handling Business Development, sales, and distributorship for the assigned regions.

What you will do :

- Working and liaising with Ministry of Commerce, Customs etc to deal with issues in exports and other representations

- Creating and delivering presentations for buyers and distributors for assigned region

- Acting as a center of competence for the trade finance instruments portfolio management for the cluster countries.

- Providing expert advice on trade finance instruments structure during the negotiation of and after the export sales contract is concluded.

- Providing relevant advice and risk mitigation activities in case of non-standard instruments being requested.

- Responsible for Knowledge of local legal environments, implications for the issuance of trade finance instruments, know-how of specific local instruments such as sureties, etc.

- Driving standardization of F&B trade finance instruments wordings (standard templates, bank templates, global library, promotion of usage of international standards etc).

Following relevant rules and guidelines :

- Releasing bank guarantee requests as part of the 4-eye principle.

- Maintaining bank guarantee portfolio (new issuance, amendment, extend or pay, claims, closing, free formats).

- Receiving the incoming messages, check the quality and content, agree with request and import accordingly.

- Assigning advised export LCs to the relevant recipients as per maintained - allocation guidelines- or based on any other source of information (like beneficiary, goods description, etc.).

- Participating in planning activities of Global CoE Trade Finance.

- Budgeting support to Head Global CoE Trade Finance.

- Supporting the Trade Finance Link development by providing input on identified, potential improvements.

- Supporting importing country in maintenance of existing or requesting of a new stand-alone credit line.

- Providing input on the bank performance / satisfaction survey preparation.

- Preparing documents for Foreign Remittance (TT Payment) for Import & Service-related payment.

- Preparing of Letter of Credit (LC) including Inland & Foreign & Bank Guarantee.

- Maintaining data for LC & tracking for payment on due date.

- Responsible for Submission / lodgments of export documents to the bank & give disposal instruction for forex realization.

- Maintaining an MIS for export collection as per the lodgements of documents to know the timing of forex inflow & outflow

- Trade financing and Checking LC documents of Local, Import and Export bills.

- Responsible for Import LC issuing documentation and following up till establishment.

- Responsible for Local LC bill Negotiation procedure dealing with bank.

- Responsible for Forex hedging and rate negotiating with bank dealer.

- Responsible for Derivative hedging procedure (Option & Forward), documentation up to deal settlement.

- Maintaining Record of Import bill outstanding with hedging deal.

- Responsible for Online payment of Customs duty, Statutory payments, supplier payments, Salary, Bank to Bank RTGS/NEFT and other General payments.

- Checking and approving Voucher of Local and Import LC payment, Buyers Credit Journals, Bank Contra

Candidate Profile :

What you need to have :

- CA/ ICWA with at least 8 to 10 years of similar experience

- In depth knowledge of the Traditional Trade Products - Commercial Letters of Credit, Standby Letters of Credit, Documentary Collections, Bankers Acceptances and Financing Solutions

- Supply Chain Finance Products knowledge is a plus and preferred

- Strategic thinking and demonstrated analytical skills

- Proven leadership and coaching skills; ability to lead and influence others

- Strong leadership and technical expertise in managing day-to-day activities and workflows

- Ability to Develop and implement objectives, policies and procedures for Trade Finance

- Proven capability to direct, train and motivate subordinates to perform to consistently high standards in a team environment

- Strong sense of ownership

- Ability to ensure effective delivery processes with a view to warrant smooth workflow, achieve efficiency and cost benefits

- Proven analytical and decision making skills

- A good team player and ability to work effectively in a team environment

- Independent, self-motivated, high energy, able to succeed in a fast-paced environment

- Excellent communication skills with strong organizational and multi-tasking abilities

- Ability to develop advisory relationships with clients, stakeholders and business partners

- Proven track record of results-oriented performance; building and influencing strategic relationship

- Proven ability to establish, develop and manage relationships to help understand and manage the business and personal factors that influence decision making

Location : Noida

Experience : 9 to 13 years

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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