5 - 10 Years
To assist the Finance team in handling all the finance related activities pertaining to Crude and Coal imports in the Middle Office (MO) of IST division.
1. Deal/ Trades and documentation:- Check the deals entered in the trading software Pricing of Crude oil and Coal. 2.Contract Vetting : -To verify import contracts based on deals concluded. Ensure contract contains standard clauses 3. Letter of Credit (LC) : -Preparation of LC value calculation / Ensure LC opening as per contractual timelines / Scrutiny of Letter of Credit before passing on to the supplier.
4. Demurrage : -Check demurrage calculations provided by operations desk / Ensure timely payment /To verify the demurrage claims raised on suppliers import shipments / Ensure sign-off/ approvals of authorised signatories as per Standard Operating Procedures (SOP) / Delegation of Authority (DOA) and timely accounting and payment 5 .Ensure smooth closure of Audit requirements : -Preparing and monitoring Daily Imports Report for shipment execution, payment realisation. / Preparation of various MIS as required by the Management, Economic Planning and Scheduling, consolidation team. / Vendors reconciliation and ageing analysis / Creating Purchase orders in SAP / Processing of vendor payments / Monitoring system interface to ensure details are recorded properly. 6. KEY CHALLENGES:- To perform under tight timelines, maintain the quality and consistent with the track record of the IST – Finance. / Should quickly get accustomed with the work dynamics and tight schedule / Should be flexible to handle multi task activities 7. INTERACTIONS : -Internal Interactions: (within NEL) Interaction with Trading team, Back Office, Corporate Finance, Taxation, Vadinar Finance and Accounting team, and with all the cross functional teams within IST / External Interactions: (Outside NEL) With International customers, banks, customs. 8. Financial Dimensions:- Timelines and number of reports as well as areas covered are more import
|Salary||8 Lac To 25 Lac P.A.|
|Industry||Accounting / Auditing / Taxation|
|Work Experience||5 - 10 Years|