Job Description

A) Banking & Finance:

1) To check correctness of bank interest and bank charges.

2) Loading payments in payment factory/ banking portal and obtaining approvals.

3) To ensure timely payments to vendors both Domestic/Imports, repayment of term loan instalments and interest, periodically reconcile the term loan, Cash Credit, and effective utilisation of CC limits by proper monitoring cash flow and the drawing power.

4) To arrange for opening of LC/BG through proper checking of required documents and bank limits, monitoring margin requirements and to ensure timely cancellation of the BGs.

5) To ensure timely submission of export bills within 21 days with bank.

6) To ensure timely closure of export bills outstanding with the bank (EDPMS).

7) To ensure timely closure of advances against export by adjusting the export bills and other foreign exchange related compliances.

8) To ensure proper forex realisation against export receipts by negotiating the exchange rates with bank and to look for hedging wherever needed by checking the premium and other charges.

9) To ensure timely closure of outstanding bill of entries with bank (IDPMS). To ensure compliances of RBI, FEMA regulation for all forex related transactions.

10) Bank balances, deposits, borrowings, LC/BG to be scrutinized, reconciled and confirmed in timely manner. Obtaining 15CA/CB certificates for making A2 payments.

B) Account Receivable:

To ensure timely collection from Debtors by preparing several reports viz

Debtors ageing, Shorts receipt, Unadjusted receipts, Potential parties for

credit hold, updating daily collection reports.

? Preparation of Debtors reconciliation matching with General ledger and

Debtors ageing.

? Preparation of Debtors reinstatement and updating forex gain/loss in the

books.

? To reconcile customers' accounts periodically and raise alarms for resolving

pending entries in reconciliation, Scrutiny of Debit notes and Credit notes

and its booking and all other Debtors related works.

? Preparation Debtors provisioning statement by putting reasons against each

invoice.

? To ensure updating of books for sales register, debit note credit note register

and reconciliation with general ledger.

? Prepare and analyse sales with budget and report the customer wise

variance report.

? To compute the commission for selling agents correctly.

C) Statutory Audit:

? Handling of statutory audit with respect to Sales, Accounts receivable and

Banking and Finance.

? To prepare related party transaction statement after obtaining the balance

confirmations and to handle the Transfer Pricing Audit.

Job Type: Full-time

Pay: ?15,656.33 - ?60,000.00 per month

Experience:

RBI Reporting: 3 years (Required)
Location:

Nasik, Maharashtra (Required)
Work Location: In person