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Import Export Executive

2 weeks ago

Mumbai Maharashtra, India TYDideas Full time

**Import Accounts**
- **Inventory Management**:

- **Customs Duties and Tariffs**: Tracking duties and tariffs paid on imported goods.
- **Freight and Insurance Costs**: Recording costs associated with transporting goods internationally.
- **Currency Exchange**: Managing the effects of exchange rate fluctuations on imported goods.
- **Supplier Payments**: Handling payments to international suppliers, including considerations for letters of credit and international banking fees.
- **Compliance and Documentation**:

- **Import Licenses**: Ensuring all necessary import licenses are obtained and recorded.
- **Customs Declarations**: Filing and maintaining records of customs declarations and other necessary documentation.
- **Regulatory Compliance**: Adhering to international trade regulations and standards.

**Export Accounts**
- **Sales and Revenue Management**:

- **Revenue Recognition**: Recording revenue from international sales accurately.
- **Export Duties and Taxes**: Tracking any duties or taxes applicable to exported goods.
- **Currency Exchange**: Managing the impact of exchange rates on revenue from exports.
- **Compliance and Documentation**:

- **Export Licenses**: Ensuring all necessary export licenses are obtained and recorded.
- **Shipping Documentation**: Maintaining records of bills of lading, certificates of origin, and other shipping documents.
- **Regulatory Compliance**: Adhering to export regulations and standards in the destination countries.
- **Customer Payments**:

- **Invoicing**: Issuing invoices to international customers in the appropriate currency.
- **Payment Methods**: Managing different payment methods, such as letters of credit, wire transfers, and international payment gateways.

**General Best Practices for Import/Export Accounts**
- **Accurate Record-Keeping**: Ensuring all transactions are recorded accurately and in a timely manner.
- **Regular Reconciliation**: Regularly reconciling import/export accounts to detect and resolve discrepancies.
- **Currency Risk Management**: Using hedging strategies to mitigate the risks associated with currency fluctuations.
- **Compliance Monitoring**: Continuously monitoring compliance with international trade laws and regulations.
- **Audit Preparedness**: Keeping thorough records and documentation to be prepared for audits by customs authorities and other regulatory bodies.

Pay: ₹25,000.00 - ₹35,000.00 per month

Schedule:

- Morning shift

**Experience**:

- total work: 3 years (preferred)
- import & export: 3 years (preferred)
- logistics: 3 years (preferred)

Work Location: In person