Account Manager

4 days ago

Mumbai Metropolitan Region, India Tripjack Full time US$ 60,000 - US$ 1,20,000 per year

Job Opportunity: Account Manager at Tripjack
About TripJack
TripJack is one of India's
fastest-growing B2B travel-tech
platforms, empowering over
60,000+ travel agents across 450+ cities
with end-to-end travel solutions. Headquartered in Mumbai, TripJack offers a seamless, tech-driven portal for booking
flights, hotels, holiday packages, cruises, rail, visas, and travel insurance – all through a single unified platform.
We're committed to simplifying travel and empowering our partners through innovative technology.

Job Role: Account Manager
We're seeking a detail-oriented and experienced
Account Manager
with a strong background in forex operations to join our dynamic team. In this role, you'll be responsible for managing all aspects of our foreign exchange transactions, ensuring compliance with regulatory guidelines, and maintaining accurate financial records.

Key Responsibilities

  • Processing Forex Transactions:
  • Execute inward and outward remittance transactions in strict compliance with RBI guidelines.
  • Ensure timely settlement of all foreign currency payments and receipts.
  • Verify exchange rates and apply appropriate rates accurately during transactions.
  • Documentation & Compliance:
  • Prepare and meticulously verify all necessary documents, including invoices, shipping bills, Bills of Entry (BoE), and Foreign Inward Remittance Certificates (FIRC).
  • Ensure unwavering adherence to FEMA, RBI, and bank-specific regulations.
  • Maintain up-to-date knowledge of purpose codes (e.g., S0602, S0803) and their correct application.
  • Coordinate effectively with banks for all transaction-related queries and approvals.
  • Communication & Coordination:
  • Coordinate seamlessly with internal departments such as procurement, treasury, and finance.
  • Liaise effectively with customers, suppliers, and banks to promptly resolve any payment issues.
  • Proactively follow up for any missing documents or payment instructions to ensure smooth operations.
  • Reporting & Reconciliation:
  • Maintain accurate and comprehensive transaction records within our ERP or accounting systems.
  • Prepare regular reports on forex transactions, outstanding payments, and realized gains/losses.
  • Assist in the monthly reconciliation of forex payments and foreign currency bank accounts.
  • Risk Management:
  • Monitor currency fluctuations and assess their potential impact on payments.
  • Suggest hedging strategies (e.g., forward contracts) where applicable and if part of the role's scope.
  • Actively work to minimize exposure to foreign exchange risks.
  • Banking Interface:
  • Set up and efficiently manage foreign currency bank accounts.
  • Handle SWIFT messages (e.g., MT103, MT202) with precision.
  • Monitor transaction charges and ensure the most cost-effective routing of payments.
  • Oversee Bank Guarantee issuance processes.
  • Audit & Internal Controls:
  • Provide comprehensive support for various audits, including internal, statutory, and forex-specific audits.
  • Maintain complete audit trails and ensure full compliance with internal control standards.

Work Details

  • Working Days: Monday to Friday
  • Working Time: 10:00 AM to 7:00 PM
  • Location: TripJack, C Wing, Marathon Innova Corporate Centre, Corporate Park, 001, Ganpatrao Kadam Marg, near Peninsula Corporate Park, Lower Parel, Mumbai, Maharashtra
  • (Walkable distance from Lower Parel & Currey Road Stations)

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