Banking & Finance Officer

0 years

60 - 0 Lacs

Posted:1 month ago| Platform: SimplyHired logo

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Work Mode

On-site

Job Type

Full Time

Job Description

  • Trade Finance & LC Management
  • Initiate and process Letters of Credit (LCs) with banks in coordination with procurement and sales teams.
  • Prepare and verify documentation for LC discounting, bill negotiation, and submission to banks.
  • Manage amendments, follow-ups, and closure of LCs.
  • Buyer’s Credit
  • Arrange and process Buyer’s Credit facilities for import transactions.
  • Coordinate with banks and overseas lenders for disbursements and repayments.
  • Bank Liaising & Facility Management
  • Handle all documentation and communication for working capital facility renewals and fresh banking facilities.
  • Maintain effective relationships with bank officials to ensure smooth processing of applications and documentation.
  • Banking Operations & Accounting
  • Record daily banking transactions and entries (payment, receipts, interest, charges) in the accounting system.
  • Reconcile bank accounts periodically and resolve discrepancies.
  • Monitor utilization of limits and provide periodic MIS reports to management.

Job Type: Full-time

Pay: Up to ₹500,000.00 per month

Benefits:

  • Health insurance
  • Provident Fund

Work Location: In person

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