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Ganges Internationale Pvt Ltd, Chennai

Job Title: Assistant Finance ManagerCompany: Ganges Internationale Pvt. Ltd.Location: chennaiSalary: Up to &#8377;45,000 CTC per month (Negotiable based on expertise and experience) Employment Type: Full-timeReports To: Head of Finance / CFORole OverviewThe Assistant Finance Manager will be a key player in the Finance department, primarily focused on core financial operations, bank relationship management, working capital optimization, and trade finance (Letters of Credit - LC). We require an individual with core finance and banking knowledge who has hands-on experience dealing with corporate banking functions and managing the daily liquidity needs of a large manufacturing operation.Key Responsibilities and Deliverables1. Treasury and Cash Flow Management<ul><li>Prepare and maintain daily, weekly, and monthly cash flow statements and forecasts (direct and indirect method) to ensure sufficient liquidity for all operations.</li><li>Monitor bank balances, authorize daily payments, and manage fund allocation between various accounts and working capital facilities.</li><li>Track and manage short-term temporary surpluses to optimize interest returns on bank deposits.</li><li>Generate accurate and timely Management Information System (MIS) reports related to treasury activities, bank balances, and working capital utilization for senior management.</li></ul>2. Bank and Relationship Management<ul><li>Serve as the primary point of contact and liaison for all scheduled banks, negotiating terms, resolving operational issues, and maintaining strong professional relationships.</li><li>Handle all documentation related to the renewal, enhancement, or modification of working capital limits (Cash Credit, Term Loans, Bank Guarantees, etc.).</li><li>Ensure strict compliance with all bank covenants, lending terms, and RBI regulations related to borrowings and foreign exchange.</li></ul>3. Trade Finance and Letter of Credit (LC)<ul><li>LC Application &amp; Management: Prepare, process, and track applications for Letters of Credit (LCs) for raw material procurement (both domestic and foreign).</li><li>Scrutinize all incoming and outgoing LCs, ensuring terms align with commercial agreements and minimize bank discrepancies.</li><li>Manage the processing and negotiation/discounting of bills under LC facilities to optimize payment cycles.</li></ul>4. Core Accounting and Audit Support<ul><li>Support the monthly and annual closing process with accurate bank reconciliations and general ledger entries related to treasury and interest expenses.</li><li>Assist in preparing schedules and providing necessary documentation for internal, statutory, and bank audits.</li></ul>Required Qualifications and Skills<ul><li>Education: B.Com / M.Com / MBA (Finance). A CA/CMA Inter qualification is a strong advantage.</li><li>Experience: Minimum 3-5 years of hands-on experience in Finance, specifically managing Treasury, Cash Flow, and Banking Operations within a manufacturing or large corporate environment.</li><li>Core Expertise: Mandatory experience in preparing and managing Letter of Credit (LC) documentation (especially import/purchase LCs).</li><li>System Proficiency: Strong command over ERP systems (e.g., SAP, Oracle, Tally) and advanced Excel skills for financial modeling and reporting.</li><li>Language: Fluent in English, proficiency in Tamil is required, and knowledge of Hindi is desirable.</li></ul>Key Competencies<ul><li>High level of accuracy, attention to detail, and integrity.</li><li>Strong verbal and written communication skills for dealing with bank managers and internal stakeholders.</li><li>Excellent analytical and problem-solving abilities in a time-sensitive environment.</li></ul>Job Types: Full-time, PermanentPay: &#8377;30,000.00 - &#8377;45,000.00 per monthBenefits:<ul><li>Provident Fund</li></ul>Work Location: In person

Assistant Finance Manager

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Ganges Internationale Pvt Ltd, Chennai

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Assistant Finance Manager