JULIAN JOEL ROCHE

Cash Management:

• Preparing Daily Bank positions.
• Raising Fund transfer requests to Banks and ensuring transfers take place on time.
• Bank Reconciliations.
• Preparing projected Cash flow statement.

Corporate Banking:

• Maintaining records of principals and interest payments against Medium Term Loan, Short term, and Trust receipts and recording the settlement in ERP.

Treasury:

• Updating Foreign Currency hedging records.
• Follow up with banks for contracts and FX transaction confirmation and ensure their correctness.
• Allocation of foreign currency as per the payment dates to foreign suppliers.
• Preparing rollover instructions to Banks on a weekly basis for Forex transactions.
• Recording Forex transactions in ERP.

Foreign Supplier Payments:

• Reconciling statements of accounts of foreign suppliers and ensuring payments on their due date.
• Maintaining records related to advances received from customers for High-End vehicles.
• Trade Finance:
• Raising Letter of Credits as per requirement.
• Arranging the swift copies for raised LCs and advising
• Manufacturers on time.
• Raising of LC amendment as per requirements.
• Preparing Export LC documents for negotiations.
• Maintaining and Updating the export LC register.
• Follow up with the bank's arrival of trade documents and advise the internal custom department.
• Recording of Letter of credit settlement in ERP.
• Maintaining records of various guarantees received from customers.

• Assist in managing cash flows and entire business cycle, develop rolling cash forecast to identify gaps, if any and provide solutions to address gaps in the working capital borrowings.
• Ensure Adequacy of credit lines to meet the growing business needs, negotiate best possible terms and maintain healthy banking relations
• Provide timely feedback to the banks on the business performance on a quarterly basis and provide resolutions to their queries regularly
• Preparation of Import letter of credits
• Reviewing Export Letter of Credit
• Negotiating documents under Export Letter of Credit and Keeping track of documents negotiated under Export LC and following up with bank if funds are not received by the due date
• Manage collection of all cheques and other negotiable bank instruments from respective divisions and deposit them into respective bank accounts for their accuracy
• Managing the process of opening and renewing bank guarantees, tender and performance bond and other sureties including negotiating bank charges and surrender promptly after the due date to release the funds blocked
• Ensure the foreign currency requirements are adequately booked as per the policy and foreign exchange risk is covered
• Arrange for the transfer of funds from difference accounts to match the requirement of each account and organize overdraft whenever required\
• Assisting Treasury manger in documentation for opening and closing bank accounts and the KYC requirements
• Keep track of all cheques issued by the company, ensure adequate cash is available in respective accounts to honor all the cheques, arrange bank transfers as per the approved requisitions.
• Reviewing and Analyzing group finance cost of various bank facilities on monthly basis
• Assisting in treasury operation automation program
• Accountable for usage of loans, overdraft and repayment as decided by manager Banking and treasury and ensure the repayments are made as agreed
• Preparation of Daily Fund position
• Preparation of Daily Facility Utilization
• Monthly Bank Reconciliation
• Daily Vendor payments
• TR preparation based on the facility available with banks
• Weekly Liability reconciliation
• Posting of daily bank payments and Labilities into the ERP(SAP)
• Preparation of Daily Payment report

• Issuing Import Letters of Credit and Drafting Terms and Conditions for an Export Letter of Credit.
• Export Documentation under UCP 600 and URC 522 (Commercial Invoice Delivery Note Etc)
• Tracking and follow up for payments for documents presented under Export collection and Export LC
• Issuing Guarantees (Making sure the guarantee Text Complies with the Terms and Conditions of the Contract and with the Policies of the Company).
• Dealing in several types of bank guarantees (Advance Payment, Performance Bond, Bid Bond, Retention Payment, Warranty Bond, Visa Guarantee, Payment / Financial Guarantee)
• Reconciling company Trade Outstanding on a Monthly basis.
• Consistently monitor the charges charged by the bank on the transactions processed and make sure the charges/commission charged are as per the agreed terms of the company facility with the bank.
• Import and export negotiation under Letter of Credit.
• Export Negotiation under Collection (URC 522)
• Preparing daily cash flows of the Group Companies.
• Facilitate smooth functioning of trade and solve all trade-related issues faced by the Group.
• Handling bank accounts of the group by making sure the Overdraft used is covered on a daily basis and making timely payments to the suppliers
• Monitoring Bank accounts, Processing group payments, Trust receipts, Invoice Financing, TT Payments, Interbank Fund Transfers, Cross border Transfers.
• Experience in dealing with various kinds of Letters of Credit (Standby LC, Red Clause, Sight, Usance, Differed Payment, Confirmed, Third Port)
• Experienced in using the accounts payable module of Oracle, making employee settlements, Booking Purchase Journals, Making GIS entries In Oracle, and uploading EFT payments.
• Going through the purchase order and making sure all the conditions of the purchase order are met
• Documentation of the Import Letter of credit and guarantees issued and maintaining relevant records in Oracle ERP