Assistant Manager - Commercial

Job Responsibilities-

• Provide Foreign Inward Disposal (FID) details to the Treasury team for advance payments and export proceeds.
• Coordination with the bank for Letter of Credit (LC) status and liaise with the logistics team for document submission under LC.
• Follow up with customers for LC document acceptance.
• Keep track of AR invoices for collection on the due date.
• Follow up with customers and sales teams for outstanding and overdue invoices.
• Conduct weekly collection calls with the Accounts & Finance team to update payments against monthly targets.
• Assist in bank reconciliation, customer ledger scrutiny, and AR reconciliations.
• Review and coordinate Bank Guarantee (BG) drafts for vetting with the Treasury team and customers.
• Prepare requests for BG issuance and manage the collection of expired BGs from customers.
• Submit Proof of Export (POE) and shipping documents to the bank for LC and non-LC transactions for regularization.
• Tracking EDPMS & IRM and getting the same knocked off with the AD bank.
• Prepare Proforma Invoices for advance payments, milestone payments, and LC issuance.
• Process agency commission & other export related payment (A2 payment) in coordination with Corporate & Bank
• Arrange credit hold approvals from Accounts & Finance for goods dispatch.
• Project and track liquidity damages, collection targets, BG issuance, and advance adjustments.
• Manage correspondence with the bank regarding day-to-day activities.

Qualification -
Commerce Graduate

Technical –

• Handling of Export documentation.
• Taxation, payment collection & accounting.
• Knowledge on SAP w.r.t invoicing, CPDC, PO creation etc. Good in Excel.

Functional –

• Knowledge of legal terms in PO / Contract documents.
• Experience of handling foreign letter of credits.

Behavioral –

• Communication Skills