Experience
7 - 8 yrs
Job Location
Mumbai, India
Vacancy
1
Designation
Finance Manager
Job Type
Not specified
Job Description
Ingram Micro is a leading technology company for the global information technology ecosystem.
With the ability to reach nearly 90% of the global population, we play a vital role in the worldwide IT sales channel, bringing products and services from technology manufacturers and cloud providers to business-to-business technology experts.
Our market reach, diverse solutions and services portfolio, and digital platform Ingram Micro Xvantage set us apart
Responsibilities:
- Cash flow and Working Capital analysis:
- Cashflow planning and forecasting
- Managing funds across the banks
- Analyze Business Unit wise working capital requirements and allocation of capital
- Assisting in Working capital performance tracking and necessary actions
- Hedging & Compliance
- Daily Hedging of inventory, back to back PO & Marketing Call orders
- Non-Deliverable Forwards (NDF) for intercompany funding
- Quarterly Certification of hedging Contracts
- Forward Contracts utilization and confirmation
- Monitoring FX rates in the ERP
- Assisting in Banking Credit Facility Renewals and Evaluation of New Proposals:
- Review and finalizing the credit facility terms sheet and other related documentation with Banks.
- Closely review the financing contracts with banks and legal.
- Evaluate new proposals offered by the Banks, review the related documents and assess the benefit to the Company
- Assisting in compliance related to credit rating of the company
- Trade Banking Support to Business
- Sound knowledge of Letter of credit (LC), Bank Guarantee and day to day operations of the banks.
- Opening & Tracking of Letter of Credit (LC)
- Issuance, Renewal & Tracking of BGs to vendors, customs & tax authorities
- Issuance, Renewal & Tracking of Corporate Guarantees favoring Vendors & Banks along with other Business Support
- Ensure timely closure of Bill of Entries in IDPMS & EDPMS
- Understanding of ECB and related RBI regulations
- Assisting in Month Close activities, Accounting and Bank Reconciliation:
- Effective month close activities and relevant schedules
- Ensure no aged unreconciled entries in the Bank Reconciliation
- Provide relevant information to SOX & Statutory Auditors
- Timely and accurate reporting to Corporate HQ.
- Preparing and reviewing Monthly Treasury Report and submission to the senior leadership.
Qualifications:
1. BCOM, CA / CMA
2. 7-8 years of experience in treasury and Finance
3. Knowledge MS PowerPoint, MS, Excel, Power Automate, Power BI
NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.