It’s fun to work in a company where people truly BELIEVE in what they’re doing!
About the role
Job Description:
Ingram Micro is a leading technology company for the global information technology ecosystem.
With the ability to reach nearly 90% of the global population, we play a vital role in the worldwide IT sales channel, bringing products and services from technology manufacturers and cloud providers to business-to-business technology experts.
Our market reach, diverse solutions and services portfolio, and digital platform Ingram Micro Xvantage™ set us apart
Responsibilities
Responsibilities:
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Cash flow and Working Capital analysis:
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Cashflow planning and forecasting
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Managing funds across the banks
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Analyze Business Unit wise working capital requirements and allocation of capital
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Assisting in Working capital performance tracking and necessary actions
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Hedging & Compliance
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Daily Hedging of inventory, back to back PO & Marketing Call orders
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Non-Deliverable Forwards (NDF) for intercompany funding
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Quarterly Certification of hedging Contracts
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Forward Contracts utilization and confirmation
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Monitoring FX rates in the ERP
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Assisting in Banking Credit Facility Renewals and Evaluation of New Proposals:
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Review and finalizing the credit facility terms sheet and other related documentation with Banks.
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Closely review the financing contracts with banks and legal.
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Evaluate new proposals offered by the Banks, review the related documents and assess the benefit to the Company
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Assisting in compliance related to credit rating of the company
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Trade Banking Support to Business
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Sound knowledge of Letter of credit (LC), Bank Guarantee and day to day operations of the banks.
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Opening & Tracking of Letter of Credit (LC)
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Issuance, Renewal & Tracking of BGs to vendors, customs & tax authorities
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Issuance, Renewal & Tracking of Corporate Guarantees favoring Vendors & Banks along with other Business Support
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Ensure timely closure of Bill of Entries in IDPMS & EDPMS
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Understanding of ECB and related RBI regulations
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Assisting in Month Close activities, Accounting and Bank Reconciliation:
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Effective month close activities and relevant schedules
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Ensure no aged unreconciled entries in the Bank Reconciliation
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Provide relevant information to SOX & Statutory Auditors
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Timely and accurate reporting to Corporate HQ.
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Preparing and reviewing Monthly Treasury Report and submission to the senior leadership.
Requirements
Qualifications:
1.
BCOM, CA / CMA
2.
7-8 years of experience in treasury and Finance
3.
Knowledge MS PowerPoint, MS, Excel, Power Automate, Power BI
Legal
NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.