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Verified Job Accounting - Finance

Trainee Banking and Finance

Surat, Gujarat
Accounting - Finance
#409625
Remote / WFH

Job Description

Job Duties:

● Support Loan Processes: Learn to manage the Loan Process, including loan disbursement, pledges, mortgages, and hypothecation.

● Banking Communication: Act as a communication link between the company and banking institutions, assisting with loan processing and financial operations inquiries.

● Mortgage and Valuation Support: Assist in managing mortgage procedures, including valuation assessments and Title Clearance Reports.

● Export/Import queries: Resolve queries and communicate to the bank.

● Transaction Management: Discount Inland LC and track the interest rate charged by the bank (ROI).

● Import Documentation: Assist in submitting a Bill of Entry for import purchases as per bank requirements.

● Letters of Credit: Support initiating Letters of Credit (LC) openings for domestic and international parties.

● Bank Guarantees: Help manage Bank Guarantee processes.

● Foreign Currency Remittance: Assist with foreign currency remittance for various purposes.

● Insurance Coverage: Help ensure proper insurance coverage for company assets.

● Documentation and Record Keeping: Help oversee documentation and maintain detailed records of banking operations.

● LC Tracking: Maintain records tracking the status of issued and received Letters of Credit (LCs) and their due dates
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