Project Finance and Accounts Support

5 days ago

Cuddapah, Andhra Pradesh, India Dalmia Cement Full time ₹ 5,00,000 - ₹ 15,00,000 per year

Role & responsibilities

  • Review and verify letters of credit, standby LCs and related trade documents to ensure compliance with applicable rules and terms.
  • Have Treasury experience at least 5-10 years.
  • Should have SAP Exposure would be added advantage.
  • Maintaining all ULC and Recon with charges.
  • Coordinate with clients, banks, suppliers and internal departments to facilitate LC transactions.
  • Responsible for timely payment of Supplier/Contractor.
  • Review Draft, issue, amend, and cancel letters of credit.
  • Check documents presented under LCs for discrepancies and advise clients accordingly.
  • Handle the full cycle of LC processing from application to payment/settlement.
  • Maintain accurate records of all LC transactions and ensure timely follow-up.
  • Monitor LC expiry dates, shipment deadlines and ensure timely submission of documents.
  • Accounting of LC related transactions in SAP.
  • Prepare periodic reports for management on LC transaction status.
  • Ensure all credit data is evaluated and adheres to bank policies and procedures in order to approve or deny application.

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