Associate Manager- Trade Finance, Trading Division

One of our client ,  a Group is one of the fastest growing infrastructure enterprises with a rich and diverse experience spanning three decades. With the vibrant portfolio of projects, the company is uniquely placed to build state of the art projects in sectors that are of critical importance in the process of development. Using the Public Private Partnership model, the Group has successfully leveraged its core strengths to implement several iconic infrastructure projects

The Company has various businesses which includes: Airports, Energy , Transportation, Urban Infrastructure etc.

About the role:

The role would handle activities related to Trade Finance & back-office operations ie document negotiations against Letter of Credit, collating & managing overall MIS.

The role of the position holder will require to interact with internal and external departments to enable success in day to day activities.

Responsibilities:

• Liaison with banks on trade & Corporate finance – approval of Import LC applications, approval of Trust Receipts availment, availing short term loans / Overdrafts from banks and approval of Export document submission for discounting & settlement of dues.
• Responsible for working with the Sourcing & Origination Manager/Sales Manager/Traders to ensure overdue receivables are followed up with suppliers/customers in the event they are overdue.
• Maintaining bank positions indicating the line utilization & availability. Planning on the optimal utilization of credit lines from Banks and Funds
• Complete Cash flow management, Commercial Costing authorizations, Budgeting & Planning for the trade.
• In-charge of periodic Cash flow management and reporting of Monthly MIS to Senior management
• Detailed Presentation of daily, weekly & Monthly reports for the team.
• Preparation of the presentation for the team
• Providing support to accounts team to supply data

Key Performance Indicators:

• Overall reduction in the cycle time for document presentation to receipt of funds (base line to be included)
• Support in increasing lines with existing banks and new banks
• Identify gaps in cashflow

Interactions:

External - Roles you need to interact with outside the organization to enable success in your day to day work

Internal - Roles you need to interact with inside the organization to enable success in your day to day work

Banks

Marketing team

Buyer & Seller

Shipping team