Job Update: B.Com, M.Com, BBA, MBA, CA, ICWA Vacancy at Hitachi
Hitachi is hiring an experienced Trade Finance Specialist at their Bangalore location. This position is responsible for the overall Trade Finance activities in GBS as part of Accounts Receivables Process The activities include the management of Letter of Credit from the opening stage i.e., from verification of drafts to Cash Collection stage. Co-ordination in issuing various Bank Guarantee’s.
The complete details of this job are as follows:
What will you be doing:
Maintain good working relationships with all stake holders in this process viz., Banks, Treasury, FES & LBU’s.
Manage all communication for all overall LC Management & resolve all issues.
Timely presentation of documents / negotiation of LC’s
Discounting of LC – Documentation, Timeliness etc.,
Must communicate & follow up effectively with FES / LBU’s on resolution of LC Discrepancies
Coordinate with all team members in Cash Applications for on time accounting of LC proceeds
Preparation of a daily summary of activities done & pending activities & submit the same to AR Delivery Manager
Bank Guarantee – End-to-End process including monthly MIS report, follow up and closure of expired Guarantees
Perform other assigned tasks and duties which are necessary to support the Accounts Receivable Department.
Ensure SOX / Internal Controls Compliance
Qualifications for this Job:
6-8 years’ experience in a similar field
Thorough Knowledge of LC’s including Billing, Bank Guarantees, Bill discounting & Collection process
Accounts receivables knowledge / experience
Ability to prioritize and manage multiple activities
Excellent written and verbal communications skills
Strong attention to details & should be goal oriented
Ability to deal professionally, courteously, and efficiently with co-workers as well as various stake holders & to remain calm under stress
Must be proficient in MS Office Suite / knowledge of SAP
Should be a self-starter
The link to Apply for this Job Vacancy is Given in the attached PDF