Executive / Sr. Executive- Export Banking

Job Description

Greetings from Manpower Resources India (P) ltd. Manpower Resources India (P) Limited, a leading Executive Search company, offers services in Power, Steel, Infrastructure, Oil & Gas, Cement, Engineering space. Please find all the details regarding the company and the job profile below for one of our client's requirement.

The company is a global conglomerate in stainless-steel manufacturing.

Position Details:

Position Title: Executive / Sr. Executive_ Export Banking

Qualification: B.Com/ M. Com/ MBA

Experience: 2-5 years

Location: Mumbai

Role Overview:

The incumbent will be responsible for handling export banking operations, trade documentation, FEMA/RBI compliance, LC documentation, and coordination with internal and external stakeholders for smooth execution of export transactions.

Key Responsibilities:
1. Banking Operations

• Track export payments and ensure timely credit realization.
• Provide disposal instructions to banks for advances and export bill realization.
• Prepare and submit requests for extension of due dates related to discounted export bills.
• Track bill acceptances and follow up on extension requests.
• Coordinate with banks for issuance/correction of BRCs, G R Waivers, Bank Certificates, Custom related certificates.
• Resolve pending GST invoice matters related to banking transactions.

2. Export Documentation

• Check, prepare, and submit export documents including Original Export Documents , LC Documents , Manual Bills.
• Ensure timely dispatch of export documents and arrange courier details for Sales teams.
• Maintain proper document records in systems and share copies with customers/Sales teams.
• Arrange Shipping Bill LEO copies where unavailable or not reflecting in EDPMS bank portals.
• Ensure documentation compliance as per LC terms and export orders.

3. Export Finance

• Handle export finance activities including: PCFC, EPC, Export Bill Discounting.
• Prepare export orders for PC/PCFC processing.
• Submit PC interest subvention reports.
• Ensure timely daily disbursement of PC/EPC facilities.
• Submit end-use certificates and confirmations to banks.

4. Coordination & Follow-Up

• Coordinate with Treasury for: Cover Rates, Discounting, Export realization, Advances.
• Coordinate with Sales teams for: Payment tracking, Export document sharing, Export document sharing , Discrepancy handling, Acceptance follow-ups , Debit/Credit Notes, TPA matters
• Visit bank HO branches for complex EDPMS closures, discounting issues, and export bill settlements.
• Coordinate with Shipping teams for OBL corrections.
• Guide and support team members on export banking compliances.
• Coordinate with Customs teams for BTT cases, shipment cancellations, and related support documents.

5. Export MIS

• Maintain reports related to Outstanding export bill discounting, Due & overdue payments , Export realization tracking.
• Track export document lodgements and arrange bank references.
• Update export transaction details in DIH/ERP systems.
• Prepare export MIS reports as per management requirements.

6. Export Accounting

• Reconcile PC and Export Bill Discounting outstanding with banks.
• Arrange bank advice related to Discounting, Export realization, Advances.
• Prepare monthly/periodic statements for PC Outstanding, EBD Outstanding, EDPMS Outstanding.

7. Closure of EDPMS (IRMs / Shipping Bills)

• Prepare letters and supporting documents for closure of IRMs and Shipping Bills.
• Arrange FIRCs wherever required for export bill closures.
• Follow-up with Sales teams and banks for timely EDPMS closure.
• Ensure all pending export outstanding cases are supported with proper documentation and resolved within timelines.
  
  

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