Assistant Manager - Finance

KEC International

Mumbai, Maharashtra
Permanent
Full-time

1 month ago

About RPG Enterprises:Mumbai head-quartered RPG Enterprises is one of India's largest industrial conglomerates. With over 15 companies in its fold, the group has a strong presence across core business sectors such as Infrastructure, Tyres, IT, Healthcare, Energy and Plantation to name a few. Established in 1979, RPG Enterprises is one of India's fastest growing business groups with a turnover of $4 billion.About KEC International:KEC International Limited, headquartered in Mumbai, India, is the flagship company of the RPG Group. A USD 2.1 billion Engineering, Procurement, and Construction (EPC) major, we deliver projects in key infrastructure sectors such as Power Transmission & Distribution, Railways, Civil, Urban Infrastructure, Solar, Smart Infrastructure, Oil & Gas Pipelines, and Cables.Our robust and integrated capabilities span the entire EPC value chain from 'concept to commissioning'. We have successfully executed complex projects across some of the world's most difficult terrains and conditions, aided by robust engineering, procurement, execution and project management capabilities. We have vast manufacturing footprint extending across India, Dubai, Brazil and Mexico. Our global presence has enabled a robust and agile supply chain that extends across six continents in over 105 countries.For over 75 years, we have prided ourselves for our unmatched expertise in EPC, backed by a strong customer-centric approach, quest for world-class quality, and 'safety-first' attitude. Integrity in our actions and respect for people, environment and our stakeholders are the cornerstones of our corporate responsibility. Empowered by a mindset driven to outperform and excel, we build infrastructure for the world of tomorrow.POSITION DETAILS:Job Title :Assistant Manager - Finance (Forex)Grade:M0SBU:CorporateBusiness:FinanceLocation:Mumbai - WorliDate:12/03/24Reporting to: Manager - FinancePeople Management (Yes/ No): NoNumber of Reportees:JOB DUTIESJob Summary:The candidate should have understanding of banking activity related to foreign currency transactions (mainly in USD, EUR, MYR, THB, JPY, AED) in the form of inward & outward remittances, forward contracts and loans. Having practical knowledge of other derivative products will be an added advantageKey AccountabilitiesDuty Statements

Deal with Forex / commodity hedging.
Handled MIS related to the forex area.
Commodity hedging on London Metal Exchange for base metal.
Work on bank reconciliation for related items along with handling various documents and correspondence with the banks.
Complete various audits and certifications such as Internal audits, statutory audits and RBI compliance certifications for forex and commodity with real time updates in ERP as well as record keeping in Excel.
Prepare a consolidated foreign currency exposure based on month end data from three business verticals and maintain real time updated information of the exposure for management review.
Handle BOD and Audit Committee deliverables based on timelines.

Skill/ CompetenciesTechnical: MS-Office 365 (Word, Excel, PowerPoint and Outlook), SAP S4 HANA ERP, Reuters & BI toolFunctional: Hedge AccountingBehavioural: Communication skills, Stakeholder Management, Analytical skillsJOB SPECIFICATIONS:Years of Experience: 2-4 yearsQualification: Chartered Accountant (CA)Special Requirements (If any):

Understanding of hedge accounting is a must.
Strong background in accounting, especially related to foreign currency transactions in SAP.
Experience in Big 4 audit firms will be a plus.
Should have worked in a corporate environment and is aware about the closing process with fundamental knowledge of internal controls in ERP environment.
Experience in the EPC business is an essential element for this role.
This is a high pressure and large volume job requiring a knack for numbers.

KEC International

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