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R2P Service Line Lead

Secunderabad, Telangana
Job Code:
  • Biotechnology & Science
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Job Details

Arrange for funds on daily basis with banks and inter group companies, co-ordinate with Banks / RBI, Negotiate exchange rate for Export realization and Import payments, monitor export receivable & follow up on outstanding, WITHIN the guidelines of Sandoz Pvt. Ltd. and Reserve Bank of India WITH the objective of timely arranging working capital, getting the best exchange rate for FOREX transaction and also ensuring that export documents are sent to bank on time.Fund Management Arrange funds on daily basis from banks IN ORDER TO main-tain level of borrowing. FOREX Exposure Management Analyze and monitor FOREX exposure, negotiating exchange rate with bank IN ORDER TO avoid exchange loss due to exchange rate movement. Insurance Review and take Insurance cover for stock/marine/mediclaim etc, main-taining good relationship and timely submission of reports to insurance company and settling Insurance claim IN ORDER TO avoid financial loss to the company . Export Receivable Management Prepare/review monthly Schedule on export re-ceivable, following up with the respective company for Intragroup sales, IN ORDER TO collect export sales on time and reduce working capital cost. Import Documentation Review Import documentation , send import documents to bank on time IN ORDER TO make payment on due date to the suppliers. Export Documentation Review Export documentation, ensure timely submission to bank, coordinating with commercial department/bank for rectification of discrepancies IN ORDER TO meet Reserve Bank of India guidelines for export documentation. Miscellaneous FOREX Remittance Review miscellaneous FOREX remittance, de-duct Tax on the remittance made if applicable and submit quarterly returns to Income Tax authorities IN ORDER TO make payment on time. Bank Reconciliation Monitor bank reconciliation on monthly/weekly basis IN ORDER TO avoid unaccounted open items. INCONTROL Compliance & fix the gap in accordance with NFCM guidelines IN ORDER TO achieve INCONTROL objective. Working Capital Management Ensure Working capital is well within Group limits.
Degree: CA (Chartered Accountant) | M.Com. (Commerce) | MBA/ PGDM

Additional Degree: B.Com. (Commerce)

Experience: 11-12


Audit & Risk | Bookkeeping | Cost Accounting/ ICWA | Taxation
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