Financial Analyst 3

As Asst Manager FEMA compliance role you will be responsible for ensuring the compliance of the FEMA and related forex exchange law, RBI guidelines. In this role you will be providing monthly / fortnightly update to Finance Management at EPMI on the current status of FEMA compliances and measures taken / required to be taken to ensure conformity with the said law. You will have the opportunity to work on diverse tasks, including collaborating with cross functions and business unit. A detail-oriented role with a endeavor and clear mandate on ensuring compliance with Forex laws.

In This Role, Your Responsibilities Will Be:

1. Ensuring correctness of payment transactions for upload, resolution of discrepancies and upload

2. Co-ordination with various external and internal stakeholders to ensure compliance with FEMA regulation for Payment and Receivable related transactions

3. Overall FEMA tracking for EPMI legacy entity

4. Driving compliance of FEMA at entity and EPMI BU level along with bankers and other stakeholders

5. Preparation of data and report for discussion with WA and Regulatory

6. Setting up routine process for timely clearance of FEMA payables and receivables

7. Other Support for Statutory / Group Audit

8. Support in monthly closing activities

9. Support on various ad hoc reviews and report at India/ WA

Who You Are:

1. You accurately track all compliances across imports, exports, MTT, etc under the Foreign exchange law prevalent in India.

2. You ensure timely action for resolution of FEMA issues, update to Management and expedite any long standing pending FEMA compliances.

3. You coordinate with banks and internal stakeholders including functional team and BU teams for ensuring the timely FEMA compliances

4. You effectively coordinate with internal Finance teams across BUs for entity level control and visibility of these compliances

5. You should be able to communicate with working groups at bank , GFS, BU or Entity and functional teams and also escalate the issues in hierarchy if issues not resolved.

For This Role, You Will Need:

1. Bachelor s degree in Commerce / Inter CA with min 3-5 years of experience in Forex laws and FEMA.

2. High Adaptability to manage complex compliance issues

3. Advance Excel Skills

4. Strong and effective Communication skills

5. Understanding of ERP (Oracle) and MS Office software like MS Excel, MS Word and PowerPoint.

6. Ability to work in highly demanding matrix organization with complex process, systems and tools

7. Strong and effective Communication skills

8. Coordinate with external stakeholders including Customers / Banks

9. Effective communication with Management Stakeholders for progress, concerns and reviews

10. Organisation skill to handle large volume of data

11. Great teammate who builds and maintains positive team member relations.

12. Able to manage and schedule multiple priorities and meet deadlines.

Key relationships:

1. BU teams

Collaborate with BU team for key documentation and process improvement required for FEMA compliances.

1. Functional teams Purchase, Logistics, etc:

Request support for documentation and process improvements, timely payment.

1. Finance teams across BU and Entity

Management reports for current status, measures to be taken and way forward for compliance in FEMA.

1. Global Teams:

Collaborate on various unresolved issues and communicate and implement effective solutions.

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competitive within the industry and local labor markets

supports diversity, equity and embraces inclusion