Sr. Executive / Assistant Manager- Accounts & Finance- Navi Mumbai

Job Description

Role & responsibilities

1.Banking Operations

• Oversee daily fund management and monitor cash/bank balances across multiple accounts.
• Ensure timely processing of vendor payments, employee reimbursements, statutory dues, and loan repayments.
• Supervise customer collections and follow up with sales/AR team for timely realization.
• Review and finalize daily/weekly bank reconciliations.

2. Treasury & Liquidity Management

• Manage utilization of working capital limits, overdrafts, CC, and term loans.
• Prepare and monitor daily/weekly/monthly cash flow forecasts.
• Optimize deployment of surplus funds in line with company policy.
• Track and report interest, bank charges, and borrowing costs.

3. Import/Export & Forex Management

• Handle end-to-end processing of import and export transactions, including documentation and payment processing.
• Manage forex exposures and execute forward contracts/hedges as per policy.
• Liaise with banks on remittances, LC issuance, amendments, and closures.
• Ensure compliance with FEMA, RBI guidelines, and timely reporting of foreign transactions.

4. Compliance & Documentation

• Ensure adherence to internal controls and Delegation of Authority (DoA) in all banking and treasury operations.
• Maintain updated documentation for loans, LCs, BGs, and other banking facilities.
• Support auditors (statutory, internal, tax, and RBI/FEMA related) with required banking and treasury information.
• Ensure proper signatory controls, KYC compliance, and secure digital banking access.

5. MIS & Reporting

• Prepare and present daily fund position reports and treasury MIS.
• Monitor covenant compliance and ensure timely submission of reports to banks/financial institutions.
• Support management with treasury analytics interest cost analysis, forex impact, and liquidity planning.

6. Stakeholder & Relationship Management

• Maintain strong working relationships with banks, financial institutions, and forex dealers.
• Coordinate with internal teams (AP, AR, Procurement, Sales, Plants) to streamline fund flow management.

Preferred candidate profile

• Strong understanding of Banking norms, FEMA, RBI regulations, Import/Export payments, and Foreign Exchange management.
• Experience in handling working capital facilities, LCs, BGs, and Treasury operations.
• Hands-on exposure to ERP systems (SAP R/3 or S4 Hana) and advanced Excel/analytical tools, Banking Integrations.
• 3-5 years of post-qualification experience required.

More Info

Education