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