13 Aug
|
Eventrics Multi Tasking Solutions
|
Mumbai
13 Aug
Eventrics Multi Tasking Solutions
Mumbai
Job Description: Executive – Finance (Foreign Remittances)Position OverviewWe are looking for an experienced and detail-oriented Executive – Finance to manage our foreign outward remittance processes in Mumbai. The ideal candidate will be responsible for handling cross-border payments for the import of goods and services, ensuring compliance with regulatory guidelines, and maintaining smooth coordination with Authorized Dealer (AD) banks and internal teams.Key ResponsibilitiesRemittance Processing & Compliance:Process foreign outward remittances for the import of both goods and services efficiently. Thoroughly review commercial agreements, purchase orders (POs), invoices, and other supporting documentation before initiating payments. Ensure all trade transactions comply with FEMA guidelines, RBI regulations, and internal company policies.Banking & Stakeholder Coordination:Coordinate closely with internal stakeholders and Authorized Dealer (AD) banks to ensure seamless transaction workflows. Submit required remittance documentation to AD banks accurately and within strict timelines.
Follow up with banks to obtain UTR (Unique Transaction Reference) and SWIFT copies post-execution. Documentation & Record-Keeping:Maintain systematic records of all foreign trade transactions, bank communications, and remittance advices.Assist the senior finance team during internal, statutory, or regulatory audits related to foreign exchange.Job SpecificationsCriteriaRequirementsLocationMumbai Experience4 to 7 years of relevant experience in core finance and foreign remittances EducationM.Com (Master of Commerce) Compensation₹5,00,000 - ₹8,00,000 per annum (CTC) Required Skills & CompetenciesIn-depth knowledge of Foreign Outward Remittances, trade finance processes, and banking procedures. Familiarity with FEMA guidelines, A2 forms, and documentation required for import payments (e.g., Bill of Entry, Commercial Invoices). Solid coordination and negotiation skills to handle queries with
📌 Executive -Finance (Mumbai)
🏢 Eventrics Multi Tasking Solutions
📍 Mumbai