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SANDEEP KUMAR | Aug 12, 2022 | Views 2088

Job Update: B.Com, M.Com, BBA, MBA, CA, ICWA Vacancy at Hitachi

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:

Graduate with MBA / CA / ICWA Inter or equivalent in Accounting or Finance

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

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