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1) Bank Account Management

a. Maintaining banking relationships

b. Adherence and Fulfillment of banking requirements

c. Ensuring that the business requirements are adequately funded

d. Ensuring payments in a timely manner for accuracy, adequacy and basis the due dates (without any misses on the due dates for payments)

e. Completion of documentation for various banking transactions like export, import, local central bank requirements

f. Optimal utilization of funds including investment of excess funds

g. Follow-up with the sales teams for debtors collection if not received within due dates

2) Risk Management

a. Timely back to back hedging

b. Counterparty relationship management

c. Maintaining Insurance records and policies with tracking of the renewal date for the relevant policies

d. Discussing and negotiating on the insurance policies

e. Liaisioning with the insurance companies for claims if any

3) Accounting

a. Knowledge of US GAAP must. Knowledge of IFRS would be an added advantage

b. Accurate and timely maintenance of books of accounts

c. Completion of statutory audit before the required timelines

d. Filling of tax (sales, corporate, etc) on a timely and accurate basis

e. Auditing for the above taxes in a timely manner

4) MIS and Reporting

a. Cash Flow Forecasting along with variance analysis

b. Management and Reporting for Debtors days, Creditors days, Inventory days

c. Monthly statement of accounts w.r.t. P&L, Balance Sheet and Cash flow along with variance analysis

D. K. Shriwas

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