Financial Analyst Trainee

1 month ago


Bengaluru, Karnataka, India Exide Energy Solutions Ltd Full time
Financial Trainee Opportunity at Exide Energy Solutions Ltd

We are seeking a motivated and detail-oriented Financial Trainee to join our dynamic Finance team at Exide Energy Solutions Ltd. As a Financial Trainee, you will have the opportunity to gain hands-on experience in various financial and banking operations in a rapidly growing industry.

Key Responsibilities:
  • Manage Foreign Currency & Rupee Term Loans, ensuring timely confirmations and updates.
  • Calculate and track monthly interest for loans across multiple banks, maintaining accurate records.
  • Coordinate with various departments for Bank Guarantee (BG) tracking, Letter of Credit (LC) updates, and closure.
  • Handle daily banking operations across 5 banks, ensuring seamless transactions.
  • Independently manage Bank Reconciliation Statements (BRS), identifying and resolving discrepancies.
  • Liaise with bankers for debit advices, tax invoices, and loan confirmations, maintaining strong relationships.
  • Monitor and track finance/banking costs, identifying areas for cost optimization.
  • Obtain quotes from at least 3 banks for financial services, ensuring competitive pricing.
  • Onboard and offboard authorized signatories, ensuring compliance with regulatory requirements.
  • Manage financial covenants and perform ratio workings, maintaining a strong understanding of financial metrics.
  • Perform vendor reconciliations, ensuring accurate and timely reconciliations.
  • Approve transactions via Qntrl, maintaining a high level of accuracy and attention to detail.
  • Record invoice and advance adjustment entries in SAP on a daily basis, as per POs.
  • Manage mutual fund operations, ensuring timely and accurate processing.
  • Coordinate with the Supply Chain Management team for timely receipt of POs, agreements, and approvals.
Requirements:
  • Pursuing or completed CA Inter or equivalent, with a strong understanding of financial concepts.
  • Strong analytical and problem-solving skills, with the ability to work independently.
  • Proficient in MS Excel and SAP, with a strong understanding of financial software.
  • Attention to detail and excellent communication and coordination skills.


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