It's fun to work in a company where people truly BELIEVE in what they're doing
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 recent 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