Jr. Finance Executive

2 weeks ago

Ahmedabad, India Grew Energy Full time

Department- Finance & Accounts

Job Summary

  • This role is responsible for trade finance scrutiny of the documents (LC, BG, import payments), financial MIS, bank charge calculations, and coordination with banks
  • Strong Excel skills required for reporting

Key Responsibilities

  • Scrutinize of the documents for the issuance as well as acceptance of Letters of Credit (LC), Bank Guarantees (BG), and import payments, compliance prior to submission to banks for discounting
  • Coordinate with internal departments, including sales and logistics, to ensure accurate and timely submission of documents
  • Accurately calculate bank charges for LC/BG issuance, forex payments, and FD interest, ensuring cost control and transparency
  • Liaise with banking partners for the issuance, amendment, acceptance, discounting of LCs and BGs, and other trade finance-related transactions
  • Maintain detailed financial records, reports and MIS related to LC/BG exposures, import-related charges, fixed deposits (FDs), bank charges and lien details
  • Ensure accuracy and cost-effectiveness in all trade finance operations
  • An Ideal Candidate Shall be Minimum 2 years experience in trade finance operations
  • Strong understanding of LC, BG, Import payments, Forex payments and banking norms
  • Proficient in Microsoft Office, especially Excel
  • Strong analytical and coordination skillsExcellent in verbal and written communication skills
  • Proactive nature in working with deadlines

Qualification
B.com M.com MBA in Finance CA inter CMA

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