About the Role
Interaction with the banks and maintaining a good relationship for effective banking. Negotiation with Banks (Multiple/ Consortium Banking) for Working capital limits (FB/NFB) at prudent cost . Investment Management: - Investment of surplus funds (Investment Scouting for Bonds) – Through understanding of Products MF schemes /Bonds/Fixed Deposits and Interest rate dynamics impacting investment their getting the best returns on the investmen
t.
Responsibili
ties Ensure the best credit rating being assigned to the company borr owings Ensure all Answering / resolving all queries of the investors /investment comm unity. Ensure Liquidity for the fulfilment of short & long-term Liability & future inves tments Ensure proper Delivering on new technology to be adopted by the company (Artificial Intelligence/Machine Lea rning)Supervision of Trade Finance Activity like issuance of Bank Guarantees, Letter of Credit, Buyers Credit, foreign remit tances Managing Adequate liquidity for short term and long term business needs at all times. Effective utilization of funds, including investment of idle funds to get optimum yield. Coordinating with Banks for various cash management services/banking products. Negotiating and Analysis of Bank Ch arges. Regular interaction and relationship with analyst and investor community meeting and calls. Presentation for quarterly analyst meet and for investor conferences/roadshows and also prepare competition data. Ensure Market Intelligence, with in-depth Financials benchmarking for senior manag ement. Ensure compliance to Trade Finance Compliance & adherence to Bank Cov enants Effecting the Foreign currency remittances as per prescribed FEMA/RBI guide lines. Managing the inward remittances received in various banks on daily basis. Updating daily forex fluctuations to management along with an alysis Managing forward contracts, related documentation, co-ordination and compl iances Regular MIS reporting of all forex related trades, balances and exposures – timely reporting for accurate management decision making Working knowledge of LC, BC and BG and application as per business requi rement Import payments procedures - DA/DP/LC/ Advance, LC opening process (Import & Inland), IDPMSForeign currency remittances – Outward remittance i.e. Form A1, A2, 15 CA, 15 CB etc, and Inward Remittance i.e. Export Proceeds, Advance Export Receipt, other receip t etc. Bank Guarantee: Processing of Bank Guarantees Performance & Financial, records of Outstanding Bank Gua rantee Support to various functions like SCM/Purchase and others Accounting /SAP Updation and Reconciliation of Bank C harges Coordinating with credit ag encies Monitoring and Controlling IDPMS States Regu
latory
Require
d Skills
Qua
lified CAWell versed with SAP
