Finance Intern

About Us:

Exide Energy Solutions Limited is a wholly owned Subsidiary of Exide Industries Limited, leading battery manufacturing and distribution company in India with annual revenues of $1.8+ Bn. Exide Energy Solutions Limited is investing $500+ Mn dollars to setup India's first Giga plant to manufacture Lithium-Ion Cells at Devanahalli Industrial Area in Bengaluru. Exide Energy designs, develops, and manufactures Lithium Ion Cells and Battery Pack solutions for various energy storage. Exide Energy is a leading player in the market with OEM customers across key market applications 2W, 3W, 4W, CV and industrial applications. Exide is also deeply invested in further developing li-ion technology with significant R&D investments including setup of in-house team as well as necessary lab infrastructure to support development activities.

Desired Qualifications:

• CA Intermediate, CMA Intermediate, MBA / M. Com / B. Com, Technical:30 wpm, Typewriting (Mandatory)
• Computer: (Basic Skills are mandatory).
• SAP skills is an added advantage.

Total Years of Experience:

Job Objective:

• Treasury Related Activities, Accounting & Finance.
• Handling banking daily operations 7 banks.
• Handling BRS independently.
• Handling Finance / Banking cost and tracking.
• Getting quotes from all / min 3 Banks.
• Onboarding / Offboarding authorised signatories.

Roles & Responsibilities:

• Daily Funds Planning.
• Mutual Funds Purchase/Redemptions.
• Confirmation of Foreign Currency & Rupee Term Loans.
• Calculation of Monthly Interest for Loans RTL & FCY for all banks.
• Co-ordination with all Departments for:
• BG Advance and Tracking.
• BG related support to teams and vendors.
• LC establishments & closure.
• Lenders independent Engineer's Report.
• Handling Banking Daily Operations - 5 Banks.
• Handling BRS Daily, Monthly BRS Certificate independently.
• Co- ordination with Bankers for Debit Advice, Checking debits inline with agreements.
• Tax Invoices, FCY & RTL Loan Confirmation.
• Handling Finance / Banking cost and tracking.
• Getting Quotes from all / min 3 banks.
• Onboarding / Offboarding authorised signatories.
• Financial Covenants.
• Ratio Workings.
• Vendor Recos.
• Debt GL Recos.
• Qntrl Approvals.
• Passing invoices & advance adjustment entries in SAP as per PO - daily basis.
• Inputs to ICRA and D&B as required.
• Co-ordination with SCM for timely receipt of PO, Agreement and approvals.
• Co-ordination with project team for support and timely completion of projects.

Mandatory Skills:

Knowledge on accounting, Finance, SAP, Computer Skills in MS Office (Word, Excel, PPT, Outlook). Maintenance of various e-register like BG, LC, FCY & RE loans.

Desired Skills:

Opening of LC, BC with Banks. Knowledge of Debit Notes, Credit Notes, Forex, Credit Rating, Lending, Cash Flow Management, Accounting, Closing of GL & TB on time i.e., T+0/1 day, C o-ordination with internal & statutory auditors.