Treasury Accountant

Job Summary:

We are hiring a Treasury Executive responsible for managing daily payment operations and end-to-end LC (Letter of Credit) documentation. This role ensures efficient fund disbursement, compliance with banking protocols, and timely coordination with vendors.

Key Responsibilities:

Payment Management:

• Process day-to-day payments including vendor payments, statutory dues, salaries, and loan servicing.
• Schedule payments based on due dates and ensure proper authorization and documentation.
• Monitor bank balances and fund transfers to optimize liquidity.
• Prepare and maintain payment MIS reports for daily and weekly reviews.
• Reconcile payment entries in the ERP system with bank statements.
• Handle online banking platforms and ensure accuracy in payment execution.
• Coordinate with Accounts Payable and Procurement for timely invoice clearances.

LC Documentation:

• Manage complete documentation for opening, amending, and settling Letters of Credit (LCs).
• Liaise with banks, vendors, and internal stakeholders to ensure compliance with LC terms.
• Verify and submit shipping documents (Invoice, Packing List, Bill of Lading, etc.) as per LC requirements.
• Track LC utilization and expiry dates, and ensure timely closure or extension where required.
• Maintain proper filing of LC-related documents for audit and compliance purposes.

Key Requirements:

• Bachelor’s degree in Finance, Commerce, or related field.
• 2–4 years of experience in treasury operations, with exposure to LC documentation and payment processing.
• Good understanding of trade finance instruments (LC, Bank Guarantee, Buyer’s Credit).
• Proficient in MS Excel, online banking platforms, and ERP systems (SAP).
• Strong attention to detail and ability to handle time-sensitive transactions.
• Effective communication and coordination skills.

Reporting to: Finance Manager

Job Type: Full-time

Pay: ₹20,000.00 - ₹25,000.00 per month

Benefits:

• Paid time off

Ability to commute/relocate:

• Vasai, Maharashtra: Reliably commute or planning to relocate before starting work (Preferred)

Application Question(s):

• What is your current CTC?

Experience:

• LC Documentation: 1 year (Preferred)
• Treasury management: 1 year (Preferred)

Work Location: On the road