Treasury Associate

Carl Zeiss India (Bangalore) Pvt. Ltd.; Kaggalipura; On-site; INR 600,000 - 900,000; Full time

Job summary

ZEISS India seeks a finance professional to join our treasury team in Bengaluru. You will review bank guarantees and LC documents, ensure timely approvals, and maintain trackers to optimize working capital.

The role requires 2–4 years of experience in bank guarantees, LC, EMD, and related treasury activities, with SAP and Excel proficiency. You will also analyze financial metrics, prepare automated reports and Power BI dashboards to track key treasury KPIs, and collaborate with banks and

Qualifications

• B.Com graduate and/or MBA in Finance; 2-4 years experience in treasury/LC/BG handling.
• Solid understanding of financial numbers and treasury processes. SAP and Excel knowledge required.

Responsibilities

• Review and analyze bank guarantees drafts and related documentation; ensure DOA-compliant approvals and timely issuance of guarantees.
• Maintain bank guarantee tracker and close BGs within timelines; prepare monthly BG listings and analyze utilization of non-funding credit facilities.
• Verify and approve domestic and foreign Letters of Credit per LC guidelines and INCOTERMS; analyze, prepare and submit LC documents to banks on time.
• Maintain inward/outward LC payment trackers; liaise with banks for settlement of LC collections.
• FX management including spots and forwards/hedging in coordination with the treasury team.

Skills

Bank guarantees

Letters of Credit

Treasury operations

Financial analysis

SAP

Excel

Power BI

Education

B. Com

MBA in Finance preferred

Tools

SAP

Excel

Power BI

Job description

ZEISS in India ZEISS in India is headquartered in Bengaluru and present in the fields of Industrial Quality Solutions, Research Microscopy Solutions, Medical Technology, Vision Care and Sports & Cine Optics. ZEISS India has 3 production facilities, R&D center, Global IT services and about 40 Sales & Service offices in almost all Tier I and Tier II cities in India. With 2200+ employees and continued investments over 25 years in India, ZEISS' success story in India is continuing at a rapid pace. Further information at ZEISS India.

Review and analysis of bank guarantees draft and related documentation. Ensure the approval as per the DOA. Ensure the issuance of guarantees on time. Analysis of commission & charges on guarantees based on the value/tenure and process the BG's in respective bank where charges are comparatively low. Maintenance of Bank guarantee tracker & responsible for closure of BG's on stipulated timeline. Preparation of BG listing on monthly basis & analyze the utilization of non-funding credit facility provided by the bank. Responsible for verifying & approving both domestic & foreign Letter of Credit as per the standard LC guidelines & INCOTERMS. Analyze, prepare and submit the LC collection documents to the Bank on time. Maintain the tracker for inward/outward LC payments. Liaison with the bank for settlement of LC collections as per the LC term. Management of Amex cards - fresh issue, limit enhancement and closure of Employee FX cards. Statutory and compliance support - I.e Responsible for payment and accounting of Custom duty and reconciliation of ECL account. Preparation of bank reconciliation statement. Payment of EMD, ensure the timely collection of EMD and preparation of aging report. FX management - Spots, forwards/hedging by aligning with central treasury team. Compliance with DGFT regulations i.e Preparation and submission of export data to bank for EDPMS (Export Data Processing and Monitoring system) regularization and issuance of EBRC via DFGT. Build and maintain automated reports and Power BI dashboards to track key financial metrics.

Education : B. Com graduate (MBA in Finance preferred) Work Experience : 2-4 years of experience in handling, Letter Credit, Bank Guarantee, EMD, Custom Duty Other Skills : SAP and Excel knowledge is must Solid understanding of financial numbers and Treasury

Your ZEISS Recruiting Team: Manoj Badaik Step out of your comfort zone, excel and redefine the limits of what is possible. That's just what our employees are doing every single day - in order to set the pace through our innovations and enable outstanding achievements. After all, behind every successful company are many great fascinating people. In a spacious modern setting full of opportunities for further development, ZEISS employees work in a place where expert knowledge and team spirit reign supreme. All of this is supported by a special ownership structure and the long-term goal of the Carl Zeiss Foundation: to bring science and society into the future together. Join us today. Inspire people tomorrow.

Diversity is a part of ZEISS. We look forward to receiving your application regardless of gender, nationality, ethnic and social origin, religion, philosophy of life, disability, age, sexual orientation or identity.