HEMENDRA SINGH RATHORE
Mira Road East
Summary
Results-driven professional with 14+ years of experience in leading Banking, Finance & Accounting functions. Recognized for providing practical suggestions to enhance banking operations, trade finance, and Import & Export compliance. Expertise in managing foreign transactions and IDPMS/EDPMS issues. Skilled in credit work, fund-raising for foreign subsidiaries, regulatory compliance, risk management, and financial analysis.
Overview
17
17
years of professional experience
Work History
Manager – Finance & Banking
Borosil Renewables Limited
12.2020 - Current
- Responsible for opening various LCs, scrutinizing local and foreign ones, making payments on time, and managing foreign transactions to support a project worth over Rs 700 crore
- Managed foreign remittances, ensuring compliance and timely execution
- Responsible for reviewing LCs, managing documents, tracking payments, resolving discrepancies, coordinating with banks, and discounting documents for cost reduction
- Manage bank guarantee/SBLC requests, handle expired BGs, and amend guarantees as needed
- Managed fixed deposits, optimized rates, and maintained liquidity effectively
- Managed Treasury functions, overseeing daily operations, cash flow forecasting, fund management, and maximizing returns
- Ensured rigorous compliance with banking regulations and internal policies for financial transactions
- Reduced loan interest rates by 20-25% via strategic bank partner negotiations
- Manage loan repayments, derivatives, SWAP settlements for on-time disbursements, good credit, no penalties
- Coordinate with the bank on rates, charges, commissions
- Verify monthly loan interest and handle document submission and refunds
- Prepares daily cash flow for discussion with seniors
- Responsible for handling IDPMS and EDPMS matters at the group level
- In charge of credit and banking activities, liaising effectively with bank and maintaining strong rapport with bankers
- Prepare weekly banking MIS detailing bank limits sanctioned and utilized for management
Sr. Executive-Accounts & Finance
Safari Industries (India) Limited
12.2018 - 11.2020
- Responsible for outward remittance processes, coordinating with the taxation team, obtaining exchange rates, submitting necessary documents to close transactions, and handling import and service payments. Also, in charge of opening and amending letters of credit, processing bank guarantee requests, managing bank accounts, preparing bank balance reports, maintaining accurate accounts, coordinating with banks for various payments, ensuring bank reconciliation, managing vendor payments, verifying loan interests, and handling daily cash flow preparation, Coordination with bank for fund raising and building relationships with bankers. Additionally, responsible for financial entries in SAP, document upload, report preparation, and weekly reviews.
Asst. Manager-Accounts & Finance
Ashish Enterprises
04.2018 - 11.2018
- Responsible for financial accounts upkeep, GST, TDS, custom duty payment, audit coordination
- Manage foreign remittance processes, including documentation, exchange rates
- Handle banking tasks, fund raising, documentation, account management, bank reconciliation daily
- Liaise with bank officers, internally coordinate documentation collection
Asst. Manager- Finance
Alok Industries Limited
06.2015 - 03.2018
- Responsible to handle outward remittance, daily inward credit from bank, negotiate rates
- Liaison with bank officers, handle document submission, and internal coordination
- Manage factoring/discounting of export documents daily, maintain MIS in SAP
- FIRC adjustment in SAP & Excel, follow up for new FIRC, close bills with the bank, manage EDPMS & IDPMS O/s Bills
- Coordinate for Export & Inland LC with departments and banks, scrutinize LC, send details to management, prepare LC and TT documents
- Avail PCFC & RPC loans, provide necessary documents to the bank, update details in SAP
- Communicate with the bank for CMS details, verify interest calculations, maintain Debt Profile for Management
- Prepare Daily Collection, Export Realization, Overdue, and Outstanding reports
Asst. Manager-Accounts & Finance
PIRAMAL SONS PRIVATE LIMITED
03.2012 - 05.2015
- Responsible for financial accounts maintenance, including Service Tax and TDS; handling Foreign Remittance; coordinating with banks for loans and document submission; communicating with banks on interest rates, penalties, and commissions; calculating monthly loan interests; preparing financial statements, balance sheets, cash flows, and operations reports; and monitoring MIS processes
Sr. Executive Accounts
ALOK H&A LTD
06.2010 - 02.2012
- Monitor and resolve payment issues with banks, conduct bank reconciliation, prepare client reconciliations, update SAP entries, create LOIs and DIS, liaise with new franchisees and landlords, manage potential client databases, and generate monthly pipeline reports for management
Relationship Manager
DAWNDAY AV PVT. LTD
05.2007 - 05.2008
- Responsible for executing sales, generating new accounts, updating customers on stock market, following up on leads, maintaining customer relationships, and providing investment education and recommendations
Education
Master of Business Administration - Finance (Full Time)
University of Pune
06.2010
Bachelors of Accounting & Finance -
Lajpat Rai College
06.2007
Higher Secondary School -
B. L. Public High School
06.2004
Skills
- Banking Operations
- Trade Finance Operations
- Letter of Credit
- Bank Guarantee/SBLC
- FDs
- Foreign Remittances
- Cash flow
- Working Capital Funding
- Treasury functions
- Process Improvement
- IDPMS/EDPMS
- Rate Negotiations
- Term Loan Documentation
- FX Rate Booking
- EPC/PCFC
- WCDL
- LCBD
- Team Building
- Leadership
- Mergers and Acquisitions
- Bank Reconciliation
- Relationship Building
- Operational Reporting
- Debt management
Personal Information
Marital Status: Married
Address: A/503, Harmony CHS Ltd, Mira Bhayandar Road, Mira Road East, Thane-401107
Languages
- English
- Hindi
Affiliations
Knowledge of SAP & Tally ERP 9
Good command on MS Office (Word, Excel and PowerPoint Etc.)
Timeline
Manager – Finance & Banking
Borosil Renewables Limited
12.2020 - Current
Sr. Executive-Accounts & Finance
Safari Industries (India) Limited
12.2018 - 11.2020
Asst. Manager-Accounts & Finance
Ashish Enterprises
04.2018 - 11.2018
Asst. Manager- Finance
Alok Industries Limited
06.2015 - 03.2018
Asst. Manager-Accounts & Finance
PIRAMAL SONS PRIVATE LIMITED
03.2012 - 05.2015
Sr. Executive Accounts
ALOK H&A LTD
06.2010 - 02.2012
Relationship Manager
DAWNDAY AV PVT. LTD
05.2007 - 05.2008
Master of Business Administration - Finance (Full Time)
University of Pune
Bachelors of Accounting & Finance -
Lajpat Rai College
Higher Secondary School -
B. L. Public High School
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