Assistant Finance Manager / Finance Executive

Transworld Furtichem; Navi Mumbai; Presencial; INR 1.500.000 - 2.800.000; Jornada completa

Descripción de la vacante

Transworld Furtichem Pvt. Ltd. in Navi Mumbai seeks a seasoned treasury professional to manage funds, bank facilities and LC operations. You will oversee cash flows, MIS reporting, and relations with domestic and Dubai-based banks to support global trade.

The role requires 5+ years in Finance/ Treasury, strong negotiation and ERP proficiency, preferably with NetSuite, and thorough knowledge of Import LC, Export LC and Trust Receipts.

Formación

• MBA in Finance / CA / B.Com with finance and banking experience.
• Minimum 5 years in Finance, Treasury, Banking Operations or Trade Finance.
• Hands-on with bank credit facilities, limits and fund management.

Responsabilidades

• Plan and monitor fund requirements based on bank liabilities and business needs.
• Prepare cash flow statements, fund reports and bank liability statements for review.
• Prepare MIS on credit limits, utilization, Import Loans, LC, and Trust Receipts.
• Coordinate with banks including Dubai-based banks for credit facilities.
• Renew existing facilities and assist in obtaining new banking limits.
• Review import contracts and arrange Import LC for international suppliers.
• Coordinate with customers and banks for Export LC, documents and payments.
• Negotiate LC discounting rates and manage document discounting and follow-ups.
• Monitor accounts payable/receivable and vendor payments and collections.
• Manage daily bank transactions, remittances and fund transfers.
• Record bank payments/receipts in NetSuite ERP and perform reconciliations.
• Coordinate with management, banks and internal teams for financial planning.

Conocimientos

Banking operations

Treasury management

Fund management

LC import/export

Bank negotiations

Financial planning

Analytical skills

Communication skills

Educación

MBA in Finance

CA

B.Com

Herramientas

NetSuite

Descripción del empleo

Key Responsibilities:

• Plan and monitor fund requirements based on upcoming bank liabilities and business requirements.
• Prepare cash flow statements, fund inflow-outflow reports, and bank liability statements for management review.
• Prepare MIS reports covering credit limits, utilization, Import Loans, Letters of Credit (LC), and Trust Receipts.
• Coordinate with banks, including Dubai-based banks, for managing and establishing credit facilities.
• Handle renewal of existing credit facilities and assist in obtaining new banking limits.
• Review import contracts and arrange Import LC for international suppliers.
• Coordinate with customers and banks for Export LC, document negotiation, and payment collections.
• Negotiate LC discounting rates with banks and manage document discounting and payment follow-ups.
• Monitor accounts payable and receivable, ensuring timely vendor payments and customer collections.
• Manage daily bank transactions, remittances, and fund transfers.
• Record bank payments and receipt entries in NetSuite ERP.
• Perform monthly bank reconciliation and credit limit reconciliation.
• Maintain financial records and support statutory audits.
• Coordinate with management, banks, and internal departments for financial planning and execution.

Desired Candidate Profile:

• MBA in Finance / CA / B.Com Graduate with relevant finance and banking experience.
• Minimum 5 years of experience in Finance, Treasury, Banking Operations, or Trade Finance.
• Hands-on experience in managing bank credit facilities, credit limits, and fund management.
• Strong knowledge of Import LC, Export LC, Trust Receipts, Import Loans, and LC discounting.
• Experience in handling treasury operations, bank negotiations, and international banking transactions.
• Knowledge of Dubai banking operations will be an added advantage.
• Proficiency in ERP systems, preferably NetSuite.
• Strong analytical, financial planning, communication, and negotiation skills.