Financial Controller - Export Finance
- Recruiter
- solversINC
- Location
- Chennai, Tamil Nadu, India
- Salary
- Competitive salary
- Posted
- 28 Nov 2020
- Closes
- 01 Dec 2020
- Ref
- CYvtPHEL62bD
- Job role
- Financial controller
CA with 15 to 20 years of experience in reputed company
Responsibilities:
Responsibilities:
- Develop annual business plan for export vertical
- Evaluate various proposals for pricing and margin analysis Identify funding options for customers across territories.
- Structure various export contract including contract drafting
- Finalise proposals with bankers for the funding including bills discounting, guarantee etc,
- Responsible for timely and accurate reporting of P & L of export segment and report Budget/Plan Vs Actual across parameters and provide early warning if any.
- Identify various cost reduction and revenue improvement measures in the export vertical.
- Ensure adherence to transfer pricing principles under Income tax act / Companies Act in various export transactions with group companies.
- Work closely with treasury team in ensuring adequate hedging of receivables and manage the currency risk.
- Work closely with operations team in ensuring customs clearance, filing duty drawback claims etc. Responsible to ensure adequate documentation with regard to FEMA guidelines/RBl compliances / Income tax Act TDS/ Transfer pricing/ customs formalities
- Manage accounting and control operations of export division including adherence to DOP, credit monitoring and control, overseas branch, warehouse operations etc.
- Coordinate for internal and statutory audit and address audit issues
- Release timely payment to various vendors including commission agents
- Interact with senior leadership of Banks including EXIM bank