Assistant Manager

1 week ago

Ahmedabad, Gujarat, India Grew Energy Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Department- Finance & Accounts

Job Summary

  • The Assistant Manager Finance will be responsible for handling various trade finance-related activities, statutory reporting to banks, audit coordination, and financial MIS.
  • The role require strong coordination skills, sound knowledge of banking documentation and compliance, and proficiency in MS Excel.

Key Responsibilities

  • Prepare and submit financial reports / MIS required by banks such as FFR (Financial Follow-up Reports), UFCE (Utilization of Foreign Currency Earnings), etc.
  • Coordinate with internal departments, including sales and logistics, to ensure accurate and timely submission of documents.
  • Collecting all data from Accounts, scrutinize it and give data for ASM or Bank Audit.
  • Prepare and validate MIS related to Letters of Credit (LC), LC Discounting, Bank Guarantees (BG), import payments, related bank charges, fixed deposits (FDs), forex payments and lien marking.
  • Liaise with banks for various matters related to trade finance, including charges, interest
  • calculations, lien marking/release, sanctioned limits, and other account-related queries.
  • Check the documentation for LC/BG issuance, import payments, forex payments and forwarding documents to banks in compliance with agreed terms.
  • Ensure adherence to bank sanction terms and conditions, and regulatory compliance including IDPMS (Import Data Processing and Monitoring System) and EDPMS (Export Data Processing and Monitoring System) requirements.
  • An Ideal Candidate Shall be Minimum 4 years experience in trade finance operations.
  • Strong understanding of LC/BG procedures, audit coordination, import-export documentation and banking compliance.
  • Familiarity with RBI reporting systems like IDPMS and EDPMS.
  • Proficient in Microsoft Office, especially Excel.
  • Strong analytical and coordination skills
  • Excellent 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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