Senior Executive

Role Purpose

To support the finance team in handling operational aspects of Foreign LCs and Bank Guarantees, Commodity Hedging, and Forex Hedging with accuracy, compliance, and timely execution.

Key Responsibilities

• Coordinate with banks and internal stakeholders for issuance of LC amendment, tracking till payment.
• Coordinate with banks and internal stakeholders for issuance of BGs, amendment, and closure of Foreign BGs.
• Monitor daily forex exposures and assist in executing forward contracts, swaps, and other hedging instruments.
• Track commodity price movements and support in execution of commodity hedging transactions.
• Maintain accurate records of hedging contracts, LC and BGs, and related financial instruments in SAP systems.
• Prepare reports on hedging performance, mark-to-market valuations, and exposure analysis.
• Ensure documentation, compliance, and audit requirements are met for the related transactions.
• Assist AGM/Manager in negotiations with banks to optimize transaction costs and interest spreads.
• Support month-end closing, reconciliations, and related accounting entries.
• Provide timely data and analysis for internal/external audits and management decision-making.

Indicative Experience and Exposure

• 4+ years of experience in Treasury/Finance, preferably in LC, BGs, Forex & Commodity Hedging.
• MBA (Finance) / M. Com / CA Inter with relevant exposure.
• Good knowledge of RBI/FEMA guidelines and corporate treasury practices.
• Strong analytical, communication, and coordination skills.
• Proficiency in MS Excel, SAP