About Us

Saman Tea Private Limited is the largest exporter of tea and refined sunflower oil in India, with active import and export operations across multiple trade corridors. We run a multi-banking arrangement with sanctioned fund-based and non-fund-based limits across several banks, financing a high volume of export and import transactions every month.

Role Overview

This is a banking-facing, trade-finance and treasury role not an accounting role. You will be the company's day-to-day point of contact with all of our banks, responsible for working-capital limits, pre- and post-shipment credit, forex hedging, and all trade-finance documentation and compliance.

The right person has hands-on experience in a firm with live import and export operations and a strong practical command of packing credit, post-shipment finance, letters of credit, forward contracts, and the related realization and compliance workflows. This role rewards discipline, follow-up, and command of due dates.

Key Responsibilities

Cash flow & limit management

- Prepare and monitor weekly cash flow plans and fund-flow forecasts to ensure liquidity for procurement, shipments, and loan repayments.
- Track utilization of sanctioned fund-based and non-fund-based limits across all banks under the multi-banking arrangement; optimize drawdowns and interest cost.
- Maintain daily/weekly banking MIS on outstandings, limits, drawing power, and availability.

Export & import credit (pre- and post-shipment)

- Apply for and avail packing credit / PCFC (pre-shipment) and post-shipment finance (bill discounting / negotiation / FUBD) against confirmed orders and LCs.
- Manage the knock-off / liquidation of packing credit against post-shipment credit and export realizations within prescribed timelines.




- Track expiry and liquidation due dates of every packing credit and post-shipment loan; ensure timely adjustment to avoid overdue interest and forced crystallization.
- Monitor overdue export/import bills and coordinate with banks on crystallization per FEDAI / RBI norms.

Forex & treasury

- Book, utilize, and track forward exchange contracts (forward dollar rate booking) to hedge export receivables and import payables.
- Manage utilization, early delivery, rollover, cancellation, and knock-off of forward contracts against actual shipments and realizations.
- Monitor currency exposure and negotiate competitive rates with bank treasury / dealing desks.

Letters of credit & trade documentation

- Handle export and import Letters of Credit scrutiny of LC terms, amendments, document preparation, and negotiation (working knowledge of UCP 600).
- Arrange import LCs and, where required, buyer's / supplier's credit for procurement.
- Coordinate submission of shipping documents to banks and follow up on realization.

Bank compliance & documentation

- Prepare and submit monthly stock and book-debt statements, QIS returns, and other periodic data used by banks to compute drawing power.
- Compile CMA data and documentation for the annual renewal / enhancement of bank limits; liaise with banks from sanction through disbursement.
- Generate and manage eBRCs (Electronic Bank Realisation Certificates); ensure export proceeds are realized and reported within FEMA timelines.




- Ensure closure and reconciliation of shipping bills in EDPMS and bills of entry in IDPMS; follow up on outstanding entries.
- Reconcile bank charges, interest, and commissions; identify and contest incorrect debits.

Relationship & coordination

- Act as the primary day-to-day liaison with bank Relationship Managers and trade-finance desks across all banking partners.
- Coordinate ECGC / credit insurance and marine insurance requirements where applicable.
- Support DGFT / export-incentive documentation (e.g., RoDTEP, duty drawback) to the extent it depends on banking and realization data.

Required Skills & Experience

- 36 years in banking / trade-finance operations within a company that has both import and export operations (commodity / agri-export experience strongly preferred).
- Solid practical knowledge of packing credit, post-shipment finance, letters of credit (UCP 600), forward contracts, and crystallization / knock-off mechanics.
- Working understanding of FEMA, RBI / FEDAI guidelines, EDPMS / IDPMS, eBRC, and DGFT basics.
- Comfort preparing stock statements, QIS, CMA data, and limit-renewal documentation.
- Advanced Excel; familiarity with banking portals and ERP systems.
- Sharp follow-up discipline, attention to due dates, and the ability to juggle multiple banking relationships at once.

What This Role Is Not-

This is not a bookkeeping or financial-accounting position. Ledgers, GST/TDS, statutory audit, and general accounting are handled separately. The focus here is banking, trade finance, and treasury operations.

What We Offer

- A central role working directly with senior management on the company's banking and treasury function.
- Exposure to large-volume, multi-bank exportimport finance across tea and edible oils.
- Compensation commensurate with experience.

📌 Finance Head (Kolkata)
🏢 Saman Tea
📍 Kolkata