Posted:2 weeks ago|
Platform:
Work from Office
Full Time
JOB OVERVIEW: We are hiring Temporary Resource for EDPMS & Banking (Duration 9 months) to support our team with the timely and accurate processing and reconciliation of transactions related to the Export Data Processing and Monitoring System (EDPMS) and associated banking operations. This role will ensure regulatory compliance, documentation accuracy, and effective liaison with banks and internal stakeholders. REPORTING STRUCTURE: Role reports to the Senior Manager Accounts Receivables QUALIFICATION: Bachelors degree in commerce, Finance, or related field. EXPERIENCE: Minimum of 3 years of relevant experience in managing EDPMS. SKILLS AND COMPETENCIES: 3 years of experience in export documentation, EDPMS, or banking operations. Working knowledge of RBI regulations, FEMA guidelines. Proficiency in MS Excel and ERP/Banking portals. Good communication and coordination skills. Attention to detail and ability to work with time-sensitive processes. KEY ROLES & RESPONSIBILITIES: 1. Banking & Foreign Exchange Operations: Issue timely disposal instructions to banks for inward foreign currency remittances. Monitor and ensure closure of open IRM (Inward Remittance Messages). Coordinate with banks to obtain Export Benefits Realisation Certificates (EBRCs). Track and update realization status of export invoices. Liaise with AD banks to resolve any export-related compliance matters. Prepare and submit extension request letters for unrealized export invoices to Authorized Dealer (AD) banks. Process invoice reduction and write-off requests in accordance with FEMA and RBI guidelines. 2. EDPMS Management: Monitor and close open entries in the Export Data Processing and Monitoring System (EDPMS). Perform reconciliation of export documentation with bank records. Work closely with internal departments to gather necessary documents for EDPMS closures. 3. MIS and Reporting: Prepare and maintain detailed MIS for foreign currency inward remittances. Maintain an EBRC tracker for audit, internal control, and management reporting. Conduct and report EDPMS ageing analysis with actionable insights to reduce open entries. 4. Documentation & Coordination: Maintain comprehensive documentation for all banking and regulatory submissions. Coordinate with internal stakeholders and external banks for export realization and compliance matters. Assist during audits by providing relevant data. Qualifications QUALIFICATION: Bachelors degree in commerce, Finance, or related field. EXPERIENCE: Minimum of 3 years of relevant experience in managing EDPMS.
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