Deputy Manager jobs in Mumbai - The Best Services

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Job Description

To assist the Finance team in handling all the finance related activities pertaining to Crude and Coal imports in the Middle Office (MO) of IST division.

1. Deal/ Trades and documentation:- Check the deals entered in the trading software Pricing of Crude oil and Coal. 2.Contract Vetting : -To verify import contracts based on deals concluded. Ensure contract contains standard clauses 3. Letter of Credit (LC) : -Preparation of LC value calculation / Ensure LC opening as per contractual timelines / Scrutiny of Letter of Credit before passing on to the supplier.

4. Demurrage : -Check demurrage calculations provided by operations desk / Ensure timely payment /To verify the demurrage claims raised on suppliers import shipments / Ensure sign-off/ approvals of authorised signatories as per Standard Operating Procedures (SOP) / Delegation of Authority (DOA) and timely accounting and payment 5 .Ensure smooth closure of Audit requirements : -Preparing and monitoring Daily Imports Report for shipment execution, payment realisation. / Preparation of various MIS as required by the Management, Economic Planning and Scheduling, consolidation team. / Vendors reconciliation and ageing analysis / Creating Purchase orders in SAP / Processing of vendor payments / Monitoring system interface to ensure details are recorded properly. 6. KEY CHALLENGES:- To perform under tight timelines, maintain the quality and consistent with the track record of the IST – Finance. / Should quickly get accustomed with the work dynamics and tight schedule / Should be flexible to handle multi task activities 7. INTERACTIONS : -Internal Interactions: (within NEL) Interaction with Trading team, Back Office, Corporate Finance, Taxation, Vadinar Finance and Accounting team, and with all the cross functional teams within IST / External Interactions: (Outside NEL) With International customers, banks, customs. 8. Financial Dimensions:- Timelines and number of reports as well as areas covered are more import

Key Skills

  • Deputy Management



Functional Area

Accounting / Auditing / Taxation

Number of Vacancy



M.Com, CA

About The Best Services

The placement industry is producing jobs on daily basis. Different organizations and MNCs are uploading the vacancies on several job portals for hiring the righteous talent. On the other hand, there are many job seekers, who are ready to serve and contribute to the betterment of the company. To reduce the gap between them, The Best Services is here. The Best Services is one of the noteworthy names in the placement sector of Gujarat. This placement company is the brainchild of Shri GK Patel. He laid the foundation brick of the company in the year 2014 in Rajkot city. Since inception, Shri GK Patel has been guiding us through the path of success. Presently, we are growing speedily.

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