JIT DAS

- Managed LCSBLC bank guarantees, bill discounting, and trade finance operations.

- Bill discounting.

- Supported buyer's credit, supplier credit, export finance, and foreign remittance processing. Processed bill discounting transactions.

- Entered import LC, buyer's credit, and interest data in SAP. Prepared draft LC documents.

- Coordinated with domestic and overseas banks for trade finance activities.

- Completed shipping bill knockoff activities.

- Issued bank guarantees per requirement.

- Remitted foreign currency for import advance T/T and non-import payments.

- Examined the bill of lading, commercial invoice, packing list, certificate of origin, and insurance documents.

- Collected and compared buyers' credit quotations from banks and financial institutions.

- Helped track stock levels and monitored debtors, vendors, FDs, and LCs for bank stock statement preparation.

- Supported updates for opened and devolved creditors to keep records current.

- Assisted in maintaining drawing power at the highest possible level through accurate reporting.

- Liaising and negotiating with banks and financial institutions to raise fund facilities on favorable terms for working capital requirements.

- Preparing funds flow and cash flow statements to monitor the inflow and outflow of funds, and ensure optimum utilization of available funds to accomplish organizational goals.

- Issue of bank guarantee for various government tenders.

- Remitting foreign currency for import advance. TT Payment.

Submission of a proposal for Credit Facilities (Working Capital / Fresh Term Loan) to banks.

Arrangement of bill discounting from the bank.

Role & responsibility :-
- Conducted internal audit for clients to evaluate operational efficiency.
- Internal control for risk management process.
- Fraud identification.
- Review of cash recipients and payments, reconciling the cash balance.
- Client relationship management.
- Monitor transaction queries in real time to detect highs.
- All reports submitted for reporting.
BMS visit.
- CGT and GRT were conducted.