Officer - Finance & Accounts

Responsibilities : -
•    Knowledge of Letter of Credit & Bank Guarantee- Both inland & foreign (review draft and highlight onerous clauses, coordinate with Corporate team/Bank to get it issued) 
•    Tracking all EMDs and BGs (live & expired) and following up for collection on expiry
•    Coordinating with Branch and collecting the BGs & getting the same closed in Bank
•    Coordinating with Bank and getting BGs amendment done
•    LC Tracking (draft validation along with T&C, ensuring timely lodgment, follow up for acceptance & discounting)
•    Ensure the Interest accounting, prepaid interest and BG/LC charges
•    MIS and reporting to internal management 
•    Coordination with Corporate/Banks for balance confirmation from Bank 
•    Knowledge of vendor/customer - Bill discounting & LC discounting (both inland & foreign)  
•    Vendor payment (inc Bill discounting, RXIL, LC discounting) and reconciliation
•    Providing support to internal & statutory audit with respect to treasury function 
•    Knowledge of SAP, advance excel, PowerPoint.

Qualification :-
Commerce graduate

Technical:  
•    Expertise in LC/BG issuance (inland & foreign), reviewing drafts, identifying onerous clauses, amendments, and closures
•    Knowledge of bill discounting, LC discounting (vendor/customer), RXIL, and associated documentation
•    Preparation and analysis of treasury-related MIS and periodic reports for internal management

Functional:  
•    Monitoring of live/expired BGs, LCs, EMDs, and related timelines for follow-up and closure.
•    Managing vendor payments, bill discounting settlements, and reconciliation of treasury transactions

Behavioral: 
•    Good communication skills, Team player
•    Clear communication with internal teams (Corporate, Branches) and external parties (Banks, Auditors).
•    Handling sensitive financial and banking information with discretion and integrity.