GM-Trade Finance

Employer
Nayara Energy Limited
Location
Mumbai
Posted
Oct 03, 2024
Closes
Oct 08, 2024
Ref
4839250306
Certification
Other
Work Mode
Work from office
Hours
Full Time
Organization Type
Corporate
Description
  • ACCOUNTABILITIES & RESPONSIBILITIES
  • ACCOUNTABILITIES ACTIVITIES 1 To supervise bank limits for business requirements at optimal costs; verify the bank charges
    • Plan and discuss with IST reg. crude LCs and their scheduling and payments.
    • Supervise bank limits and bank charges
    • Discuss and resolve issues with domestic / offshore banks reg. confirmations, BCs and LC issues
    2 Ensure FEMA compliances, under leadership and guidance of Chief Treasurer
    • Regular monitoring of compliances wrt imports, export, ECBs & Trade Credits and regular submissions
    • Conduct interactions with various business teams, consultants and the RBI.
    • Prepare and manage correspondences to RBI
    3 Effectively contribute for longterm export prepayments, export advances (EPBG), structured trade solutions and trade issues of Nayara’s offshore business
    • Analyze and discuss structures and termsheets and agreements with foreign banks
    • Plan and implement steps for raising export advances and trade financing
    • Work with IST, other businesses in short term trades, maintain trade flows
    4 Support the team for quality MIS for bank limits and liabilities, provide support on accounts/ SAP-Treasury
    • Manage tradeflows in consultation with IST
    • Guide the team towards performance
    5 Liase and maintain relationship with external customers
    • With RBI, domestic/ foreign banks, industry/ Govt. authorities


    Responsibilities
  • ACCOUNTABILITIES & RESPONSIBILITIES
  • ACCOUNTABILITIES ACTIVITIES 1 To supervise bank limits for business requirements at optimal costs; verify the bank charges
    • Plan and discuss with IST reg. crude LCs and their scheduling and payments.
    • Supervise bank limits and bank charges
    • Discuss and resolve issues with domestic / offshore banks reg. confirmations, BCs and LC issues
    2 Ensure FEMA compliances, under leadership and guidance of Chief Treasurer
    • Regular monitoring of compliances wrt imports, export, ECBs & Trade Credits and regular submissions
    • Conduct interactions with various business teams, consultants and the RBI.
    • Prepare and manage correspondences to RBI
    3 Effectively contribute for longterm export prepayments, export advances (EPBG), structured trade solutions and trade issues of Nayara’s offshore business
    • Analyze and discuss structures and termsheets and agreements with foreign banks
    • Plan and implement steps for raising export advances and trade financing
    • Work with IST, other businesses in short term trades, maintain trade flows
    4 Support the team for quality MIS for bank limits and liabilities, provide support on accounts/ SAP-Treasury
    • Manage tradeflows in consultation with IST
    • Guide the team towards performance
    5 Liase and maintain relationship with external customers
    • With RBI, domestic/ foreign banks, industry/ Govt. authorities


    Qualifications

    MBA Finance/ Chartered Accountant