Asst. Finance Manager

1. Banking Operations & Credit Management

• Enhancement of CC/BG/LC Limits: Prepare and submit proposals for the enhancement of Cash Credit (CC), Bank Guarantee (BG), and Letter of Credit (LC) limits, ensuring compliance with banking regulations and alignment with company requirements.
• Yearly CC Limit Renewal Compliance: Coordinate the annual renewal process of CC limits, including the preparation of necessary documentation and liaison with banks.
• Monthly & Quarterly Banking Compliances: Ensure timely submission of stock statements, financial reports, and other required documents to banks on a monthly and quarterly basis.
• Penal Charges Reimbursement: Monitor and manage the reimbursement of any penal charges incurred due to delays or non-compliance, ensuring accurate accounting and timely settlements.
• Early BG Cancellation Charges Reimbursement: Handle the process of reclaiming charges associated with the early cancellation of bank guarantees, including coordination with banks and internal departments.PostJobFreeCity Union Bank+1PostJobFree+1

2. Investor Relations & Strategic Partnerships

• Finding Investors for New Projects: Identify and engage potential investors for upcoming projects, preparing investment proposals and conducting negotiations to secure funding.
• Establishing Joint Ventures for New Tenders: Explore and establish partnerships with suitable parties for joint ventures in new tenders, including due diligence and agreement formulation.

3. Regulatory Compliance & Documentation

• Compliance with Banking Regulations: Ensure adherence to all banking regulations, including timely submission of required documents and reports.
• Documentation Management: Maintain and manage all financial documents, ensuring they are up-to-date and readily available for audits and inspections.

4. Financial Reporting & Analysis

• Financial Statement Preparation: Assist in the preparation of financial statements, ensuring accuracy and compliance with accounting standards.
• Budgeting and Forecasting: Participate in budgeting processes and financial forecasting to aid in strategic planning.

Job Type: Full-time

Pay: ₹30,000.00 - ₹60,000.00 per month

Work Location: In person

Speak with the employer
+91 9516650311Application Deadline: 31/07/2025Expected Start Date: 01/08/2025