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The Assistant Manager – Finance will be responsible for handling various trade finance-related activities, statutory reporting to banks, audit coordination, and financial MIS. The role requires strong coordination skills, sound knowledge of banking documentation and compliance, and proficiency in MS Excel.
Job Responsibility:
Prepare and submit financial reports / MIS required by banks such as FFR (Financial Follow-up Reports), UFCE (Utilization of Foreign Currency Earnings), etc.
Coordinate with internal departments, including sales and logistics, to ensure accurate and timely submission of documents
Collecting all data from Accounts, scrutinize it and give data for ASM or Bank Audit
Prepare and validate MIS related to Letters of Credit (LC), LC Discounting, Bank Guarantees ... (BG), import payments, related bank charges, fixed deposits (FDs), forex payments and lien marking
Liaise with banks for various matters related to trade finance, including charges, interest calculations, lien marking/release, sanctioned limits, and other account-related queries
Check the documentation for LC/BG issuance, import payments, forex payments and forwarding documents to banks in compliance with agreed terms
Ensure adherence to bank sanction terms and conditions, and regulatory compliance including IDPMS (Import Data Processing and Monitoring System) and EDPMS (Export Data Processing and Monitoring System) requirements
Requirements:
Minimum 4 years’ experience in trade finance operations
Strong understanding of LC/BG procedures, audit coordination, import-export documentation and banking compliance
Familiarity with RBI reporting systems like IDPMS and EDPMS
Proficient in Microsoft Office, especially Excel
Strong analytical and coordination skills
Excellent in verbal and written communication skills