Treasury Associate

ZEISS in India

ZEISS in India is headquartered in Bengaluru and present in the fields of Industrial Quality Solutions, Research Microscopy Solutions, Medical Technology, Vision Care and Sports Cine Optics.

ZEISS India has 3 production facilities, RD center, Global IT services and about 40 Sales Service offices in almost all Tier I and Tier II cities in India. With 2200+ employees and continued investments over 25 years in India, ZEISS success story in India is continuing at a rapid pace.

Further information at ZEISS India .

• Review and analysis of bank guarantees draft and related documentation. Ensure the approval as per the DOA. Ensure the issuance of guarantees on time
• Analysis of commission charges on guarantees based on the value/tenure and process the BG s in respective bank where charges are comparatively low.
• Maintenance of Bank guarantee tracker responsible for closure of BG s on stipulated timeline.
• Preparation of BG listing on monthly basis analyze the utilization of non-funding credit facility provided by the bank.
• Responsible for verifying approving both domestic foreign Letter of Credit as per the standard LC guidelines INCOTERMS.
• Analyze, prepare and submit the LC collection documents to the Bank on time.
• Maintain the tracker for inward/outward LC payments. Liaison with the bank for settlement of LC collections as per the LC term.
• Management of Amex cards - fresh issue, limit enhancement and closure of Employee FX cards.
• Statutory and compliance support - I.e Responsible for payment and accounting of Custom duty and reconciliation of ECL account.
• Preparation of bank reconciliation statement.
• Payment of EMD, ensure the timely collection of EMD and preparation of aging report.
• FX management - Spots, forwards/hedging by aligning with central treasury team.
• Compliance with DGFT regulations i.e Preparation and submission of export data to bank for EDPMS (Export Data Processing and Monitoring system) regularization and issuance of EBRC via DFGT.
• Build and maintain automated reports and Power BI dashboards to track key financial metrics.

Education : B. Com graduate (MBA in Finance preferred)

Work Experience : 2-4 years of experience in handling, Letter Credit, Bank Guarantee, EMD, Custom Duty

Other Skills :

• SAP and Excel knowledge is must

• Solid understanding of financial numbers and Treasury

Your ZEISS Recruiting Team: