30 Jul
|
Premier Solar Systems
|
Telangana
30 Jul
Premier Solar Systems
Telangana
Position Trade Finance Operations About Premier Energies Limited Established in 1995, Premier Energies is India’s second largest integrated solar cell and module manufacturer as well as India’s second largest solar cell manufacturer in terms of annual installed capacity. Premier Energies' cutting-edge manufacturing units are spread across three locations in Telangana, totaling an aggregate land area of over 44.91 acres. The Company is presently having an operating capacity of Solar Cell and Solar Module manufacturing of 2 GW and 3.360 GW respectively and is setting up 1 GW additional Solar module and 1 GW Topcon Solar Cell manufacturing line and has announced a green field project of 4GW of Solar Cell and 4 GW of Solar Module based on the latest technology. The Company has been the forerunner in the technology adoption in the industry having state of the art manufacturing facility with high degree of automation. Premier Energies Photovoltaic Private Limited facility spans 25 acres and is a LEED Gold Certified manufacturing facility. In addition, we have a presence in other steps along the solar power value chain such as providing engineering, procurement, and construction (“EPC”) solutions, operating and maintenance (“O&M;”) services and being an independent power producer (“IPP”). Premier Energies has recorded a consolidated group revenue of about Rs. 2000 Crores for the period ending 9 months as on December 31, 2023. Premier Energies has raised Rs. 177 Crores from the PE Investor, GEF Capital Partners, a ESG focused Global Private Equity Fund focused on investing in climate solutions. Premier Energies is a highly ESG focused Company.
Premier has filed its DRHP with SEBI with an intent to become a public listed company. The total capital outlay on announced projects shall be about Rs. 4,300 Crores over next 3 years. While making earth a great place to live, Premier Energies also provides its employees a outstanding environment, and has been certified 'GREAT PLACE TO WORK' third year in a row, for the year 2024-2025. Our website: www.premierenergies.com Position Description Premier Energies Limited is currently seeking a self-starter and an entrepreneurial candidate to be part of Finance team, based out of Hyderabad and reports to Senior Vice President - Finance. Key Responsibilities include: Responsible for meticulously reviewing Letters of Credit (LC) and LC drafts received from the Sales team, identifying discrepancies, and suggesting necessary changes to streamline the LC discounting process, ensuring accuracy and compliance. Spearhead the collection of essential documents under Letters of Credit (LC) from the Sales team, meticulously prepare the Covering Letter and Bill of Exchange (BOE), and diligently submit the documentation to the bank for LC discounting. Additionally, proactively follow up with the bank to ensure the timely release of funds.
Responsible for liaising with the bank to gather information on available pre-acceptance limits and strategically planning the submission of LC discounting documents to optimize the utilization of limits, ensuring efficient and timely processing. Drive the LC acceptance process by proactively communicating the list of pending acceptances with the sales team, ensuring timely submission of required documents like Bill of Exchange and facilitating seamless acceptance. Take charge of preparing comprehensive trackers for significant or continuous Letters of Credit (LC) orders, capturing crucial details such as LC values received, completed discounting transactions, and pending discounting activities. This ensures accurate monitoring and efficient management of the overall LC order lifecycle. Assume responsibility for compiling customer-specific data on discounted Letters of Credit (LCs), cross-referencing discounting charges with confirmed LC pricing to banks. Position – Trade Finance Operations Take charge of promptly sharing LC discounting receipts data with the Accounts team, ensuring timely closure of Bank Reconciliation Statements (BRS) by actively follow up with banks to obtain pending debit advices. Typical Qualifications M.Com/MBA Finance/CA Inter With relevant experience in treasury operations in any Manufacturing Company Any Graduation with Banking Experience for at least 4 years in Trade Finance Moderate Communication Skills as this position requires interaction with Bankers / External Stake holders. Individual Contributor Role
📌 Sr executive trade finance (Telangana)
🏢 Premier Solar Systems
📍 Telangana