Temporary Resource for Export Data Processing and Banking

5 days ago

Mumbai, Maharashtra, India beBeeExport Full time ₹ 1,20,00,000 - ₹ 1,40,00,000
Temporary Resource for EDPMS and Banking

We are seeking an experienced professional to support our team with timely and accurate processing and reconciliation of transactions related to the Export Data Processing and Monitoring System (EDPMS) and associated banking operations.


About the Role
  1. The role will ensure regulatory compliance, documentation accuracy, and effective liaison with banks and internal stakeholders.
  2. This position reports to the Senior Manager Accounts Receivables.

Qualifications
  • Bachelor's degree in commerce, finance, or a related field is required.
  • A minimum of 3 years of relevant experience in managing EDPMS is essential.
  • Candidates with 3 years of experience in export documentation, EDPMS, or banking operations will be preferred.
  • Working knowledge of RBI regulations and FEMA guidelines is necessary.
  • Proficiency in MS Excel and ERP/Banking portals is required.
  • Good communication and coordination skills are essential.
  • Attention to detail and ability to work with time-sensitive processes are required.

Main Responsibilities
  1. Banking and Foreign Exchange Operations:
  • Issue timely disposal instructions to banks for inward foreign currency remittances.
  • Monitor and ensure closure of open IRM (Inward Remittance Messages).
  • Coordinate with banks to obtain Export Benefits Realisation Certificates (EBRCs).
  • Track and update realisation status of export invoices.
  • Liaise with AD banks to resolve any export-related compliance matters.
  • Prepare and submit extension request letters for unrealized export invoices to Authorized Dealer (AD) banks.
  • Process invoice reduction and write-off requests in accordance with FEMA and RBI guidelines.
EDPMS Management:
  • Monitor and close open entries in the Export Data Processing and Monitoring System (EDPMS).
  • Perform reconciliation of export documentation with bank records.
  • Work closely with internal departments to gather necessary documents for EDPMS closures.
MIS and Reporting:
  • Prepare and maintain detailed MIS for foreign currency inward remittances.
  • Maintain an EBRC tracker for audit, internal control, and management reporting.
  • Conduct and report EDPMS ageing analysis with actionable insights to reduce open entries.
Documentation and Coordination:
  • Maintain comprehensive documentation for all banking and regulatory submissions.
  • Coordinate with internal stakeholders and external banks for export realization and compliance matters.
  • Assist during audits by providing relevant data.

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