Job Description
Job description
Job Description :
- Bank Guarantees (BG) & Letters of Credit (LC) Management
- Ensure timely issuance, renewal, and closure of BGs and LCs as per business requirements.
- Maintain compliance with banking norms and internal policies while optimizing costs.
Banking & Treasury Operations:
- Maintain strong relationships with banks to negotiate favourable terms for credit facilities, interest rates, and transaction costs.
- Monitor daily cash flow and ensure sufficient liquidity for business operations.
- Optimize fund utilization and working capital management.
Accounts Payable Management:
- Oversee and ensure timely processing of vendor payments while maintaining accuracy and compliance.
- Implement controls to enhance efficiency, prevent fraud, and manage cash outflows effectively.
Financial Accounting & Reporting:
- Ensure accurate recording and reconciliation of treasury transactions in line with accounting standards.
- Prepare and present financial reports related to treasury, liquidity, and cash flow management.
Compliance & Risk Management:
- Ensure adherence to regulatory guidelines, tax laws, and internal policies related to banking and treasury operations.
- Identify and mitigate risks associated with foreign exchange, interest rates, and liquidity management.
Key Requirement for the Position:
- Strong understanding of treasury functions.
- Experience in interacting with banks for Bank Guarantees (BG) and Letters of Credit (LC).
- Proficiency in managing accounts payable operations.
- Basic knowledge of accounting principles and practices.
Job Description :
- Bank Guarantees (BG) & Letters of Credit (LC) Management
- Ensure timely issuance, renewal, and closure of BGs and LCs as per business requirements.
- Maintain compliance with banking norms and internal policies while optimizing costs.
Banking & Treasury Operations:
- Maintain strong relationships with banks to negotiate favourable terms for credit facilities, interest rates, and transaction costs.
- Monitor daily cash flow and ensure sufficient liquidity for business operations.
- Optimize fund utilization and working capital management.
Accounts Payable Management:
- Oversee and ensure timely processing of vendor payments while maintaining accuracy and compliance.
- Implement controls to enhance efficiency, prevent fraud, and manage cash outflows effectively.
Financial Accounting & Reporting:
- Ensure accurate recording and reconciliation of treasury transactions in line with accounting standards.
- Prepare and present financial reports related to treasury, liquidity, and cash flow management.
Compliance & Risk Management:
- Ensure adherence to regulatory guidelines, tax laws, and internal policies related to banking and treasury operations.
- Identify and mitigate risks associated with foreign exchange, interest rates, and liquidity management.
Key Requirement for the Position:
- Strong understanding of treasury functions.
- Experience in interacting with banks for Bank Guarantees (BG) and Letters of Credit (LC).
- Proficiency in managing accounts payable operations.
- Basic knowledge of accounting principles and practices.
💡 Quick Summary
Seeking a career-building opportunity? The Blue Star Engineering & Electronics - Associate - Finance & Accounts - Treasury Segment position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.