
Jr. Finance Executive
20 hours ago
Department- Finance & Accounts
Job Summary
- This role is responsible for trade finance scrutiny of the documents (LC, BG, import payments), financial MIS, bank charge calculations, and coordination with banks
- Strong Excel skills required for reporting
Key Responsibilities
- Scrutinize of the documents for the issuance as well as acceptance of Letters of Credit (LC), Bank Guarantees (BG), and import payments, compliance prior to submission to banks for discounting
- Coordinate with internal departments, including sales and logistics, to ensure accurate and timely submission of documents
- Accurately calculate bank charges for LC/BG issuance, forex payments, and FD interest, ensuring cost control and transparency
- Liaise with banking partners for the issuance, amendment, acceptance, discounting of LCs and BGs, and other trade finance-related transactions
- Maintain detailed financial records, reports and MIS related to LC/BG exposures, import-related charges, fixed deposits (FDs), bank charges and lien details
- Ensure accuracy and cost-effectiveness in all trade finance operations
- An Ideal Candidate Shall be Minimum 2 years experience in trade finance operations
- Strong understanding of LC, BG, Import payments, Forex payments and banking norms
- Proficient in Microsoft Office, especially Excel
- Strong analytical and coordination skillsExcellent in verbal and written communication skills
- Proactive nature in working with deadlines
Qualification
B.com M.com MBA in Finance CA inter CMA
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