Job Description
Our Client is a dynamic and growing 100% export oriented bio diesel manufacturing company committed to sustainable energy solutions. With a strong presence in the market, they are expanding their operations and seeking a highly skilled and experienced Finance & Banking Manager (max 15 years exp) to lead their finance and banking responsibilities at their Hyderabad office.
Role Overview:
This pivotal role demands a seasoned professional with a strong understanding of core financial principles, coupled with specific expertise in managing international trade finance, including import and export transactions. The ideal candidate will be a qualified Company Secretary with the ability to oversee the entire finance and banking department, ensuring compliance, efficiency, and strategic financial management. This role requires a proactive individual with excellent communication, negotiation, and problem-solving skills to ensure efficient and compliant financial transactions.
Key Responsibilities:
• Financial Leadership and Banking Management:
• Oversee all aspects of the finance department's operations, including accounting, budgeting, forecasting, financial reporting, and taxation.
• Develop and implement robust financial policies, procedures, and controls to safeguard company assets and ensure accuracy of financial information.
• Prepare and present timely and accurate financial statements and reports to management, providing insightful analysis and recommendations.
• Manage cash flow effectively, optimizing working capital and ensuring sufficient liquidity.
• Lead and mentor the finance team, fostering a collaborative and high-performing environment.
• Liaise with auditors, tax consultants, and other external stakeholders.
• Import and Export Transaction Management:
• Oversee and manage all import and export transactions, ensuring adherence to company policies and regulatory requirements.
• Handle the issuance, negotiation, and settlement of various trade finance instruments, including Letters of Credit (LCs), Standby LCs, and Bank Guarantees.
• Develop and maintain strong relationships with banks and financial institutions for trade finance facilities.
• Ensure meticulous documentation related to import and export activities, including invoices, packing lists, bills of lading, and customs declarations.
• Track and reconcile all payments related to import and export transactions.
• Compliance and Regulatory Adherence:
• Ensure strict compliance with all applicable international trade regulations, including INCOTERMS, Uniform Customs and Practice for Documentary Credits (UCP 600), Foreign Exchange Management Act (FEMA) and Reserve Bank of India (RBI) guidelines.
• Stay updated on changes in trade regulations and implement necessary adjustments to processes.
• Manage all aspects of customs clearance and ensure timely submission of required documentation.
• Logistics and Stakeholder Coordination:
• Liaise effectively with freight forwarders, customs brokers, and internal logistics teams to ensure smooth and efficient documentation and payment processing for import and export shipments.
• Address and resolve any discrepancies or issues related to trade finance and logistics.
• Maintain clear and proactive communication with suppliers, customers, and other relevant stakeholders regarding financial aspects of international trade.
• Strategic Financial Planning:
• Contribute to the development and execution of the company's overall financial strategy.
• Provide financial insights and support for international business development initiatives.
• Analyze the financial implications of import and export activities and recommend strategies to optimize costs and mitigate risks.
Qualifications and
Experience:
• Qualified Company Secretary (CS) is preferable.
• Bachelor's degree in Finance, Accounting, or a related field; a Master's degree or relevant professional certifications (e.g.,1 CA, CPA, CFA) would be an advantage though not a must.
• Minimum of 10 years of progressive experience in finance, with a significant portion focused on managing import and export trade finance.
• In-depth knowledge and practical experience in handling Letters of Credit, Standby LCs, and Bank Guarantees.
• Thorough understanding of international trade regulations (INCOTERMS, UCP 600, FEMA/RBI guidelines) and customs procedures.
• Proven ability to manage the entire finance function, including accounting, budgeting, financial reporting, and compliance.
• Strong analytical and problem-solving skills with meticulous attention to detail.
• Excellent communication, interpersonal, and negotiation skills.
• Proficiency in relevant accounting software and MS Office Suite (especially Excel).
• Ability to work independently and as part of a team in a fast-paced environment.
Industry
• Renewable Energy
Employment Type
Full-time
Ki
Role Overview:
This pivotal role demands a seasoned professional with a strong understanding of core financial principles, coupled with specific expertise in managing international trade finance, including import and export transactions. The ideal candidate will be a qualified Company Secretary with the ability to oversee the entire finance and banking department, ensuring compliance, efficiency, and strategic financial management. This role requires a proactive individual with excellent communication, negotiation, and problem-solving skills to ensure efficient and compliant financial transactions.
Key Responsibilities:
• Financial Leadership and Banking Management:
• Oversee all aspects of the finance department's operations, including accounting, budgeting, forecasting, financial reporting, and taxation.
• Develop and implement robust financial policies, procedures, and controls to safeguard company assets and ensure accuracy of financial information.
• Prepare and present timely and accurate financial statements and reports to management, providing insightful analysis and recommendations.
• Manage cash flow effectively, optimizing working capital and ensuring sufficient liquidity.
• Lead and mentor the finance team, fostering a collaborative and high-performing environment.
• Liaise with auditors, tax consultants, and other external stakeholders.
• Import and Export Transaction Management:
• Oversee and manage all import and export transactions, ensuring adherence to company policies and regulatory requirements.
• Handle the issuance, negotiation, and settlement of various trade finance instruments, including Letters of Credit (LCs), Standby LCs, and Bank Guarantees.
• Develop and maintain strong relationships with banks and financial institutions for trade finance facilities.
• Ensure meticulous documentation related to import and export activities, including invoices, packing lists, bills of lading, and customs declarations.
• Track and reconcile all payments related to import and export transactions.
• Compliance and Regulatory Adherence:
• Ensure strict compliance with all applicable international trade regulations, including INCOTERMS, Uniform Customs and Practice for Documentary Credits (UCP 600), Foreign Exchange Management Act (FEMA) and Reserve Bank of India (RBI) guidelines.
• Stay updated on changes in trade regulations and implement necessary adjustments to processes.
• Manage all aspects of customs clearance and ensure timely submission of required documentation.
• Logistics and Stakeholder Coordination:
• Liaise effectively with freight forwarders, customs brokers, and internal logistics teams to ensure smooth and efficient documentation and payment processing for import and export shipments.
• Address and resolve any discrepancies or issues related to trade finance and logistics.
• Maintain clear and proactive communication with suppliers, customers, and other relevant stakeholders regarding financial aspects of international trade.
• Strategic Financial Planning:
• Contribute to the development and execution of the company's overall financial strategy.
• Provide financial insights and support for international business development initiatives.
• Analyze the financial implications of import and export activities and recommend strategies to optimize costs and mitigate risks.
Qualifications and
Experience:
• Qualified Company Secretary (CS) is preferable.
• Bachelor's degree in Finance, Accounting, or a related field; a Master's degree or relevant professional certifications (e.g.,1 CA, CPA, CFA) would be an advantage though not a must.
• Minimum of 10 years of progressive experience in finance, with a significant portion focused on managing import and export trade finance.
• In-depth knowledge and practical experience in handling Letters of Credit, Standby LCs, and Bank Guarantees.
• Thorough understanding of international trade regulations (INCOTERMS, UCP 600, FEMA/RBI guidelines) and customs procedures.
• Proven ability to manage the entire finance function, including accounting, budgeting, financial reporting, and compliance.
• Strong analytical and problem-solving skills with meticulous attention to detail.
• Excellent communication, interpersonal, and negotiation skills.
• Proficiency in relevant accounting software and MS Office Suite (especially Excel).
• Ability to work independently and as part of a team in a fast-paced environment.
Industry
• Renewable Energy
Employment Type
Full-time
Ki
💡 Quick Summary
Seeking a career-building opportunity? The Finance & Banking Manager - Renewable Energy position is now open for candidates interested in the Bank Jobs sector. This role in Hyderabad 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 Bank Jobs is a plus.