Principal Accountabilities & Key Tasks
Banking & Cash Flow Management
- Cash Flow Monitoring: Daily monitoring of the cash flow position and preparing the cash flow projection.
- Fund Management: Cash flow planning for payments, fund transfers, and the placement of short-term deposits.
- Bank Administration: Handling the opening of bank accounts, application for bank facilities, preparation of board resolutions, and coordination of the bank's annual review.
- Reconciliation: Passing / checking of bank vouchers, bank charges, interest on CCSP/FD, and commitment fees.
- Fund Transfers: Preparing payment instructions for MHSPL/MSPL.
Loan & Foreign Exchange (FX) Management
- Trade Finance: Managing FCTL drawdown (comparison of interest rate and repayment) and BA drawdown and repayment.
- Guarantees & Deposits: Managing BG application and renewal and FD placement and renewal.
- FX Monitoring: Monitoring exchange booking, updating payments for FX exchange in SOP, and confirming Forex Contracts booked by Comm.
- FX Utilization: Utilizing exchange for settlement of FCTL loan and payment to Metdist.
- Export Proceeds: Managing Export Proceeds under FEA Rules , giving instruction letters for conversion of export proceeds , and monitoring funds credited into FCA accounts.
Trade & Tax Compliance Support
- Checking GST payment for import of cathodes and Duty payment of copper rod.
- Monitoring the export of wire and import of rod on duty drawback.
- Managing duty drawback claims.
Accounts Receivable (AR) & Supporting Functions
- Daily monitoring of debtors ledger.
- Insurance: Monitoring renewal dates, comparing premiums, updating insurance schedules, and preparing documents for insurance claims.
- Company Vehicles: Tracking car insurance expiry, renewal of road tax , and preparing documents for vehicle disposal.
Essential Requirements
- Education: Candidate must possess at least a Diploma or Bachelor's Degree in Finance, Business Studies/Administration/Management or equivalent.
- Experience: At least 1 year of working experience in the related field.
- Specialization: Experience and specializing in Accounts or equivalent is preferable.
