Location: Andheri West, Mumbai
Department: Finance / Accounts
Experience: 5–8 Years
Qualification: B.Com / M.Com / MBA Finance or equivalent
CTC: ₹7–10 LPA
Industry: Textile Industry
Employment Type: Full-Time
About the Opportunity
We are hiring an experienced Executive – Finance & Treasury Operations for one of our reputed clients in the Textile Industry.
The ideal candidate will have hands-on experience in Treasury Operations, Banking Coordination, Bank Guarantees (BG), Letters of Credit (LC), Earnest Money Deposits (EMD), Bank Reconciliation and MIS Reporting.
This role requires solid coordination with banks, internal business teams and other stakeholders to ensure smooth and timely execution of treasury and financial operations.
Key Responsibilities
1. Treasury Operations & Banking Coordination
- Manage day-to-day treasury operations and banking activities.
- Coordinate with banks and internal stakeholders for transaction processing.
- Handle documentation for Advance Bank Guarantees (ABG),
Performance Bank Guarantees (PBG), Letters of Credit (LC) and other banking instruments.
- Coordinate for timely issuance, renewal, amendment, closure and tracking of financial instruments.
- Ensure adherence to internal processes and applicable banking guidelines.
2. Bank Guarantee & Letter of Credit Management
- Process and monitor BGs and LCs related to business transactions.
- Review applications and supporting documents for accuracy and completeness.
- Maintain records of issued, renewed, expired and closed BGs/LCs.
- Coordinate with banks and concerned departments to resolve discrepancies and pending matters.
3. EMD & Payment Management
- Manage Earnest Money Deposit (EMD) issuance, closure, refund and reconciliation.
- Track outstanding/pending EMDs and coordinate with business teams for timely settlement.
- Maintain accurate EMD records and MIS.
- Follow up on pending refunds and closures with relevant stakeholders.