We are seeking a knowledgeable and detail-oriented
Finance / LC Specialist
to join our Banking Department. The ideal candidate should have strong experience in handling
Letter of Credit (LC) transactions
,
import/export documentation
, and
international trade payments
. This role requires accuracy, compliance awareness, and the ability to coordinate with internal teams, customers, and financial institutions.
Key Responsibilities:
Financial Reporting:
Prepare and analyze financial statements, ensuring accuracy and compliance with accounting standards (e.g., IFRS, GAAP).
Generate monthly, quarterly, and annual reports for senior management and stakeholders.
Ensure proper documentation of financial transactions in accordance with company policy and statutory requirements.
Proper knowledge of LC payments and bank offials.
Taxation:
Prepare and file tax returns, including corporate income tax, GST and other relevant taxes.
Advise management on tax planning and tax-saving strategies.
Ensure compliance with tax laws and handle any correspondence with tax authorities.
Audit & Compliance:
Lead and manage internal and external audit processes, ensuring all financial data is accurate and compliant with applicable laws and standards.
Coordinate with auditors during audits and implement corrective actions where necessary.
Ensure compliance with financial regulations, including maintaining internal controls.
Financial Analysis & Budgeting:
Analyze financial performance and provide insights into variances and trends.
Assist in the preparation of budgets and forecasts, ensuring the alignment with business goals.
Recommend strategies for cost reduction, revenue enhancement, and process improvement.
Cash Flow Management:
Oversee cash flow management and ensure that sufficient working capital is available to meet operational needs.
Monitor and manage the company's liquidity and funding needs.
Accounting Systems & Software:
Ensure the proper implementation and maintenance of accounting systems and software.
Work closely with IT to optimize financial systems and reporting processes.
Risk Management:
Identify and mitigate financial risks through effective controls and strategic planning.
Provide recommendations on investment decisions and risk exposure.
Advisory & Strategy:
Provide strategic financial advice to the management team to support business growth and profitability.
Assist in mergers, acquisitions, and other corporate finance activities as required.
Required Qualifications:
Educational Qualifications:
Chartered Accountant (CA) certification from a recognized professional body.
A Bachelor's degree in Accounting, Finance, or related field.
Experience:
5 years of experience in a finance-related role, preferably in accounting, auditing, or taxation.
Experience with accounting software (e.g., QuickBooks, SAP, Tally).
Strong knowledge of international accounting standards (IFRS/GAAP).
Experience with tax regulations and compliance.
Skills & Competencies:
Proficiency in accounting software and Microsoft Excel.
Strong analytical and problem-solving skills.
Excellent attention to detail and accuracy.
Ability to work under pressure and meet deadlines.
Strong communication and interpersonal skills.
Ethical integrity and confidentiality.
Preferred Skills (Optional):
Advanced knowledge of tax laws and regulations.
Experience in managing audits and liaising with auditors.
Knowledge of international taxation and multi-country financial reporting.
Working Conditions:
Location:
AGGAR NAGAR, B- BLOCK, FEROZEPUR ROAD , LUDHIANA
Work Schedule:
Full-time
Salary Range:
50K TO 70K
Job Types: Full-time, Permanent
Pay: ?50,000.00 - ?70,000.00 per month
Benefits:
Cell phone reimbursement
Paid time off
Education:
Master's (Preferred)
Experience:
Accounting: 5 years (Preferred)
Work Location: In person
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