About this role
It's fun to work in a company where people truly BELIEVE in what they're doing!
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:
• Cash flow and Working Capital analysis:
• Cashflow planning and forecasting
• Managing funds across the banks
• Analyze Business Unit wise working capital requirements and allocation of capital
• Assisting in Working capital performance tracking and necessary actions
• Hedging & Compliance
• Daily Hedging of inventory, back to back PO & Marketing Call orders
• Non-Deliverable Forwards (NDF) for intercompany funding
• Quarterly Certification of hedging Contracts
• Forward Contracts utilization and confirmation
• Monitoring FX rates in the ERP
• Assisting in Banking Credit Facility Renewals and Evaluation of New Proposals:
• Review and finalizing the credit facility terms sheet and other related documentation with Banks.
• Closely review the financing contracts with banks and legal.
• Evaluate new proposals offered by the Banks, review the related documents and assess the benefit to the Company
• Assisting in compliance related to credit rating of the company
• Trade Banking Support to Business
• Sound knowledge of Letter of credit (LC), Bank Guarantee and day to day operations of the banks.
• Opening & Tracking of Letter of Credit (LC)
• Issuance, Renewal & Tracking of BGs to vendors, customs & tax authorities
• Issuance, Renewal & Tracking of Corporate Guarantees favoring Vendors & Banks along with other Business Support
• Ensure timely closure of Bill of Entries in IDPMS & EDPMS
• Understanding of ECB and related RBI regulations
• Assisting in Month Close activities, Accounting and Bank Reconciliation:
• Effective month close activities and relevant schedules
• Ensure no aged unreconciled entries in the Bank Reconciliation
• Provide relevant information to SOX & Statutory Auditors
• Timely and accurate reporting to Corporate HQ.
• Preparing and reviewing Monthly Treasury Report and submission to the senior leadership.
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
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.