15 - 20 years

15 - 20 Lacs

Posted:6 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Key Responsibilities

  • Lead and manage end-to-end LC operations, including issuance, negotiation, amendment, and settlement.
  • Managing overall operations with a view to ensure timely accomplishment of production targets.
  • Liaise with banks, suppliers, buyers, freight forwarders, and internal teams to ensure seamless execution of LC transactions.
  • Ensure full compliance with international rules and standards and as per company policy.
  • Review and approve LC terms to ensure alignment with contract requirements and risk mitigation standards.
  • Monitor trade finance exposure, credit limits, and financial risks; recommend actions to manage risk.
  • Drive process improvements to enhance the efficiency and accuracy of LC operations.
  • Maintain updated knowledge of international trade regulations, banking practices, and currency risk.
  • Supervise and train LC/documentation team members to uphold performance standards.
  • Prepare regular reports on LC activities.
  • Vendor development on pan India basis.
  • Proven experience in managing relationships with local and international banks.
  • High level of analytical, negotiation, and decision-making skills.
  • Excellent communication and leadership capabilities.
  • Procuring of Raw Materials.
  • Integrative negotiation with primary steel vendors with competitive pricing
  • Maintain all aspects of development, negotiation and execution of contracts with suppliers.
  • Identifies contract opportunities and ensure that contract meet all regulation and customer needs.
  • Negotiate contract with suppliers, evaluate bids and proposals and makes award decision.
  • Monitoring time payments to business vendors on timely basis and maintain the cash flow for smooth project implementation.

Desired Profile

B.E./B.Tech in Mechanical Engineering with MBA as additional degree preferred.

  • Minimum of 18-20 years of progressive experience in commercial /purchase in Pre-Painted and Bare Galvalume Steel / Pre-Painted and Bare Galvanized Steel with at least 5 years in a senior leadership role handling LCs
  • Experience working in sectors heavily reliant on LCs (e.g., commodity trading, Building Material exports, machinery imports).
  • Familiarity with ERP systems and LC management platforms

Experience

18-20 Years

Industry Type

Manufacturing Industry / Steel Industry

Functional Area

Purchase / Commercial

Compensation

Up to 20 LPA

Location

Hyderabad

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Manaksia Coated Metals & Industries (MCMIL) logo
Manaksia Coated Metals & Industries (MCMIL)

Manufacturing - Metal Products

Kolkata

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