Key Responsibilities:

- Own end-to-end foreign remittance and international payment processes, especially payments to overseas freight agents, shipping lines and international vendors

- Manage outward/inward remittances, payment tracking, bank coordination, forex rates, bank charges and reconciliation

- Ensure compliance with RBI, FEMA, purpose codes, remittance documentation and applicable tax/TDS requirements

- Handle foreign currency accounting, FX gains/losses, vendor reconciliation and audit requirements

- Act as the SME/escalation point for complex foreign payment and banking issues

- Create SOPs, strengthen controls and improve TAT, accuracy and cost efficiency of remittance processes

Ideal Candidate:

- Strong hands-on experience in foreign remittances / forex / treasury international payments

- Preferably from freight forwarding, shipping, logistics, import-export or international trade

- Valuable understanding of FEMA, RBI regulations, banking processes and foreign currency transactions

- Should be capable of independently handling complex transactions and coordinating with banks, finance, tax and business teams

📌 Foreign Remittance SME - Freight Forwarding or Logistics (Mumbai)
🏢 Independent Recruitment Consultant (freelancer)
📍 Mumbai