Job Description

###

Job Summary:

We are looking for an experienced and detail-oriented

Accounts Executive or Manager

with a solid background in

banking operations

. The ideal candidate will be responsible for managing

funding and non-funding based banking limits

, handling

bank guarantees and Letters of Credit (LCs)

, and executing

forex transactions and their closures

efficiently.


This role requires hands-on experience in

corporate banking coordination

, excellent negotiation skills with banks, and the ability to monitor financial exposures, risks, and compliance protocols.

###

Key Responsibilities:

###

1. Banking Operations & Limits Management

Manage and monitor the utilization of

fund-based (e.g., overdrafts, term loans, CC limits)

and

non-fund-based (e.g., bank guarantees, LCs)

limits. Handle renewal and enhancement of banking facilities in coordination with internal teams and banking partners. Prepare and maintain documentation for availing and renewing banking limits including CMA data, financial statements, projections, etc.
###

2. Bank Guarantees and Letters of Credit (LC)

Prepare and process applications for

issuance, amendment, and closure

of bank guarantees and LCs. Ensure timely submission and renewal of performance/security/commercial guarantees and related compliance. Reconcile LC and BG-related data with banks and vendors regularly.
###

3. Forex Transactions and Closures

Coordinate with banks and treasury desks for booking

forex contracts

, monitoring forward cover positions, and ensuring compliance with FEMA and RBI guidelines. Execute and record

forex transactions

, including inward/outward remittances and settlements. Track and close

open exposures

, ensuring hedging strategies are in place.
###

4. Treasury & Compliance

Liaise with banks for treasury-related activities and manage cash flows. Ensure compliance with banking covenants, loan documentation, and internal audit requirements. Handle statutory, tax-related, and regulatory documentation with respect to treasury operations.
###

5. MIS and Reporting

Prepare regular reports on

bank limit utilization

,

interest and forex charges

, and

cost of funding

. Present banking dashboards to senior management with actionable insights.

Desired Skills:

Strong

analytical and numerical

skills Excellent

communication and negotiation

skills High attention to detail and ability to manage multiple banking relationships Knowledge of

international trade finance instruments

is a plus

Requirements

###

Key Requirements:

Education:

Bachelor's degree in Commerce/Finance; CA Inter / MBA (Finance) preferred.

Experience:

3-6 years (Executive); 6+ years (Manager) of relevant experience in banking operations, preferably in a corporate treasury environment.

Technical Proficiency:

+ Strong understanding of

banking products and forex operations

+ Proficient in MS Excel, ERP platforms (Tally, SAP, etc.)
+ Familiarity with RBI guidelines and FEMA compliance