Job Description

Description: Job Title : Analyst - Supplier Payment Support Exp : 5-6 years Qualification : B. Com / M. Com Function : Procurement Location : Pune Job responsibilities: Major Portfolio: LC (Letter of Credit) Processing and Supplier Payment Support Sound knowledge of LC (Letter of credit) application (preferably in ERP e.g. SAP) Mandatory knowledge about Incoterms: CIF, FOB etc. Knowledge of Freely importable and non-freely importable and license would be added advantage Follow-up with Purchase team/ supplier for getting the prerequisite documents for LC request Submitting LC application requests to Finance Generating Insurance policy in online portal for CFR shipments Follow up with Finance for LC copy and sending the same to Purchase team and Supplier (need to Check feasibility in Ivalua) Take Requests for LC amendments, LC Extension and Closure and coordinating with Finance for the same Maintain LC tracker Follow up with Finance and receive Intimations to release Original BL + documents from Bank (both LC and NON LC) Verification of Bank Intimations and Taking approval from Procurement Managers and Submitting to Finance Team Follow up and Getting Original Documents from Finance Handover/informing for receipt of Original documents to Import Team Knowledge of handling supplier payment queries (FBL1N, VIM, pending GR/IR etc.) Account reconciliation of supplier Coordinate with plant, buyer, AP team, finance for timely invoice processing and payment Technical Skills Requirement: SAP MS Excel LC Process

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