Chartered Accountant

Monthly bank charges monitoring - analyse all bank charges incurred, confirm whether these adhere to banking norms.

If not then discuss the same with the bank and resolve the query.ÂOptimally using bank features and coordinating with bank for existing facilities not used.
Also inform to directors about the same.
Effectively manage investments, fixed deposit management, renew fixed deposits
Prepare CMA data for submission to bank for new loan application
Liaise with bank manager for negotiating on better terms & rates for short-term and long-term loans
Submit stock & DP statement to banks on monthly basis as per agreed timelines
Maintain master data of accurate bank accounts details
Communicate with bank regarding clarifications required, if any, w.r.t. any transactions
Keep pulse of the covenants specified in the bank sanction letter and ensure all the compliances are met with
Prepare correspondences to be sent to bank for availing bank benefits
Review existing CC limit & initiate discussion with bank, for limit revision/ renewal
'Preparing correspondences relating to the following and send the same to HOD for approval
- bank guarantee
- letter of credit'
Prepare daily working capital utilisation report
Prepare workings for availing long-term/ short-term loans, unsecured loans, etc., as required by the prospective lender

Perform feasibility analysis and present a detailed report to management for any new investment, capital expenditure, capacity expansion, product/ service basket expansion, etc.
Liaise with the statutory & tax auditor and provide relevant documents, as and when required
Expected vs. actual ROI of acquired assets
Average working capital utilisation trend
Any other MIS as may be required by the management or instructed by the CFO from time-to-time