Vacancy for a Semi Qualified CA in Ingram Micro

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  1. Vibhor Gupta
    Vibhor Gupta on Jan 27, 2015
    About the Company:
    Ingram Micro is an American electronics company and information technology distributor. It is the world’s largest wholesale technology products distributor.. Ingram Micro distributes and markets a large variety of electronics which it sources from manufacturers such as Acer Inc., Apple, Cisco, Hewlett-Packard (“HP”), IBM, Lenovo, Microsoft, Samsung and others. The company ranks 69th in the 2014 Fortune 500. It is headquartered in Santa Ana, California.

    Position:
    Sr Associate Credit Support

    Job Details:

    LC Transaction Processing:
    • Co-ordinate with Sales and Credit team to get required LC amendments.
    • Giving approval for order billing under approved LC in hand.
    • Daily update LC master and draft master data to reflect current status.
    • Preparing draft and submission to bank within 1 working day of request.
    • Cash apply for LC discounting proceeds same day of credit to bank.
    • Pending / open LC transactions report to be circulated twice weekly.
    • Accounting data and JV to be up to date on daily basis.
    • LC related schedules submission within day 2 after month-close.
    Channel Finance Transaction Processing:
    • Same day submission to bank for CF DDRs uploaded on portal.
    • Day-end confirmation for cash apply of all processed DDRs, mail reason for any DDRs not processed by bank.
    • Daily report submission to finance for CF transactions.
    • Daily maturity and overdue report circulation.
    Bank Guarantee management:
    • Vetting all final BGs received against approved draft.
    • Withdrawal of credit limits for all BGs expired or returned.
    • Maintain physical BGs + scan of all BGs + log file of BGs.
    • Monthly review and reporting of BGs expiring upto next month-end.
    Skills required for this job:
    1. B.Com, Inter CA /ICWA (preferable)
    2. 3-5 years’ experience in Credit /finance dept
    3. Understanding of Letters of Credit and discounting process
    Job Location: Mumbai, India

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