Job Description

Responsibilities & Key Deliverables

Process of all domesting payments i.e vendor dues( opex,materail & Capex), advances, emp advances,emp reimbursement, customs duty and statutory related etc.

• Prepare & Co-ordiante with banker for treasury processes (Export LC, Letter of Credit, Bank Gurantee, GR-waiver, RTGS, DD others, etc.)
• Track on Letter of Credit and Bank guarattes.
• Manage bank accounts including account opening/closing process and support operating units with banking services.
• Managed Forex Operations for inward & outward remittances in Bank portal i.e case by case and passed necessary entries.
• Track and work with banker to close on EDPMS/IDPMS.
• Arranging Bank realisaton certificates(BRC) for GST refunds.
• Actual cash flow on monthly basis / Weekly basis.
• Provide Cash projecton on Daily/weekly/ Monthly based on requirements.
• Manage cash investments in Mutual Funds & Fixed deposits and fee analysis.
• Mutual Funds Nav calcualtons & Fixed depoist interst calculaion as per agreed rates.
• Support the Internal Quarterly Testing of Key Controls (Risk Control Matrix as per IFRS Audit requirement.
• Calculation of OD,ICD and Term Loans Interest and matching with financilas maintain a record.
• Track, Negotiate and analyze bank charges & fees with Sanction letters with Banks.
• Supporting in Statutory, Internal & IFCR Audit.
• Respond to Internal/External Audit and be knowledgeable of, and adhere to procedures.
• Co-ordinating with Insurance agency for fresh insurance & renewals based on the Insurance requirements of the Company. Arranging quotes in time for proper negotiation.
• Liasong with Bank for establising fecilities in co-ordination with Corp Treasury. Arrange required docs for Fecilities.
• Co-ordinate with Corp treasury for requirement of ICD Management of agreement & Rollover as & when required..

Mahindra & Mahindra