Job Description

Job Title:

Assistant Finance Manager

Company:

Ganges Internationale Pvt. Ltd.

Location:

chennai

Salary:

Up to ?45,000 CTC per month (Negotiable based on expertise and experience)

Employment Type:

Full-time

Reports To:

Head of Finance / CFO

Role Overview

The Assistant Finance Manager will be a key player in the Finance department, primarily focused on core financial operations,

bank relationship management

,

working capital optimization

, and

trade finance (Letters of Credit - LC)

. We require an individual with core finance and banking knowledge who has hands-on experience dealing with corporate banking functions and managing the daily liquidity needs of a large manufacturing operation.

Key Responsibilities and Deliverables

1. Treasury and Cash Flow Management

Prepare and maintain daily, weekly, and monthly

cash flow statements and forecasts

(direct and indirect method) to ensure sufficient liquidity for all operations. Monitor bank balances, authorize daily payments, and manage fund allocation between various accounts and working capital facilities. Track and manage short-term temporary surpluses to optimize interest returns on bank deposits. Generate accurate and timely

Management Information System (MIS)

reports related to treasury activities, bank balances, and working capital utilization for senior management.

2. Bank and Relationship Management

Serve as the primary point of contact and liaison for all scheduled banks, negotiating terms, resolving operational issues, and maintaining strong professional relationships. Handle all documentation related to the renewal, enhancement, or modification of working capital limits (Cash Credit, Term Loans, Bank Guarantees, etc.). Ensure strict compliance with all bank covenants, lending terms, and RBI regulations related to borrowings and foreign exchange.

3. Trade Finance and Letter of Credit (LC)

LC Application & Management:

Prepare, process, and track applications for

Letters of Credit (LCs)

for raw material procurement (both domestic and foreign). Scrutinize all incoming and outgoing LCs, ensuring terms align with commercial agreements and minimize bank discrepancies. Manage the processing and negotiation/discounting of bills under LC facilities to optimize payment cycles.

4. Core Accounting and Audit Support

Support the monthly and annual closing process with accurate bank reconciliations and general ledger entries related to treasury and interest expenses. Assist in preparing schedules and providing necessary documentation for internal, statutory, and bank audits.

Required Qualifications and Skills

Education:

B.Com / M.Com / MBA (Finance). A CA/CMA Inter qualification is a strong advantage.

Experience:

Minimum

3-5 years

of hands-on experience in Finance, specifically managing Treasury, Cash Flow, and Banking Operations within a manufacturing or large corporate environment.

Core Expertise:

Mandatory experience in preparing and managing

Letter of Credit (LC)

documentation (especially import/purchase LCs).

System Proficiency:

Strong command over ERP systems (e.g., SAP, Oracle, Tally) and advanced Excel skills for financial modeling and reporting.

Language:

Fluent in English, proficiency in Tamil is required, and knowledge of Hindi is desirable.

Key Competencies

High level of accuracy, attention to detail, and integrity. Strong verbal and written communication skills for dealing with bank managers and internal stakeholders. Excellent analytical and problem-solving abilities in a time-sensitive environment.
Job Types: Full-time, Permanent

Pay: ?30,000.00 - ?45,000.00 per month

Benefits:

Provident Fund
Work Location: In person