Treasury Manager

Job Description

Job Description: Coordinate with the supply chain department concerning LCs (Domestic/ Foreign) and on payment terms with suppliers. Communicate with Banks to negotiate for quotes for Letter Of Credit Transactions and explore Trade Finance opportunities with them. Review and negotiate all types of charges raised by current as well as upcoming banks. Control trading operations such as establishing letter of credit, negotiating LC Terms and conditions, availing/ negotiating RA financing, Buyers credit. Control all inward/outward remittances which include: Import Bills, Export bills, Remittances, and SWIFT Operations. Timely closure of pending IDPMS & EDPMS. Timely of Processing of Various RM Import / Import service payment in line with taxation rules. Co-ordination with front office for booking of forex cover. Ensure surrendering of expired BGs on time. Maintain database of Issued BGs along with all details. Preparation of Month MIS Reports and audit schedules. Coordination with internal/ external auditors. Establishing good rapport with all bankers. Entering the above transactions in treasury ERP System and ensuring proper record of all transaction.