Accounts Executive - Import & Export

TYD Ideas; Mumbai; On-site; INR 700,000 - 1,100,000; Full time

Job summary

TYD Ideas in Mumbai is seeking a finance and trade compliance professional to oversee export/import clearance, RBI remittances, LC negotiations, and currency management. The role includes detailed record-keeping, tax compliance, and financial reporting in a dynamic logistics environment.

The candidate will contribute to budgeting, forecasting, risk management, and accurate transaction recording to support company operations and regulatory compliance.

Responsibilities

• Monitor Export Customs Clearance and ensure compliance with customs and other regulatory requirements.
• Ensure RBI compliance in inward remittances for exports.
• Scrutinize Letters of Credit and negotiate with banks.
• Monitor closure of outstanding shipping bills.
• Monitor claim and realization of eligible export benefits.
• Monitor Import Customs Clearance and resolve related issues.
• Make written submissions to Customs for notices or letters issued.
• Monitor closure of outstanding Bills of Entry.
• Maintain accurate records of transactions including purchases, sales, shipping costs, duties, and currency exchanges.
• Generate financial reports such as income statements, balance sheets, and cash flow statements.
• Assist budgeting and forecasting by analyzing past data and projecting future expenses and revenues.
• Ensure tax compliance with timely filing and accurate tax liabilities.

Job description

• Monitor Customs Clearance of Export shipments and ensure compliance with Customs and other statutory regulatory requirements.
• Ensure compliance with RBI regulations in inward remittances received for Exports.
• Scrutinize Letter of Credits and handle documentary negotiation with bank against the same.
• Monitor closure of outstanding shipping bills
• Monitor claim and realization of eligible export benefits.
• Monitor Customs Clearance of Import shipments and resolve any issues arising therein.
• Make written submissions and representations to Customs in connection with any notices or other letters issued by them.
• Monitor closure of outstanding Bill of Entry.
• Proper recording if transactions: Maintain proper record of numerous transactions, including purchases, sales, shipping costs, customs duties, and currency exchanges. Ensures that all these transactions are accurately recorded, categorized, and tracked.
• Making financial reports: Generates different types of financial statements such as income statements, balance sheets, and cash flow statements.
• Budgeting and Planning: helps in budgeting and forecasting by analyzing past financial data, and projecting future expenses, revenues, and cash flows.
• Tax Compliance: Ensures compliance with tax regulations, timely filing of tax returns, and accurate calculation of tax liabilities to avoid penalties and legal issues.
• Proper inventory management: Track inventory levels, costs, and movements of goods.
• Management of currency
• Better cost analysis Risk management.