Sr. Finance Associate/ Cash Management (Vashi)

Sr. Finance Associate / Cash Management Location: Vashi, Navi Mumbai Department: Finance & Accounts Reporting To: Team Leader Global Hub Finance Experience: Minimum 5 years in Finance, with 23 years in Cash Management or Accounts Payable Qualification: Bachelor's degree in Finance, Accounting, or Commerce Shift Timings: - Shift 1: 6:30 AM to 2:30 PM - Shift 2: 2:30 PM to 10:30 PM Job Purpose To support the efficient and accurate execution of cash management and accounts payable functions in shipping finance operations. The role involves managing vendor payments, reconciling accounts, ensuring liquidity management, and coordinating with internal stakeholders and banks to optimize payment processes while ensuring compliance with company and regulatory standards. Key Responsibilities - Monitor daily cash flow and ensure adequate liquidity for operational and vendor payment needs. - Coordinate with banks for payments, fund transfers, and treasury-related activities. - Support bank reconciliations and timely closure of open items. - Assist with FX conversions, ROE validations, and cash pooling where applicable. - Review, validate, and process vendor invoices as per agreed terms and company policies. - Handle payment processing through banking portals or ERP systems. - Coordinate with internal departments and external vendors for invoice clarifications and payment follow-ups. - Perform vendor account reconciliations and ageing analysis. - Support month-end and year-end closing activities related to Accounts Payable. - Ensure adherence to internal controls, audit requirements, and company finance policies. - Assist in preparing cash flow reports, payment forecasts, and AP summaries. - Maintain documentation of cash and AP processes and contribute to process improvement. - Act as a liaison between Finance, Procurement, Operations, and external vendors. - Support internal and external audits by providing required data and reconciliations. External Coordination Customers, Ship Management, Port Authorities/Vendors, Suppliers, Sub-Agents, and Charterer's Agents. Candidate Requirements - Bachelor's degree in Finance, Accounting, or Commerce. MBA or qualified certification will be an advantage. - Minimum 5 years of experience in Finance, including 23 years of relevant experience in Cash Management or Accounts Payable. - Working knowledge of Accounting/ERP systems. - Strong MS Excel and analytical skills. - Knowledge of international banking and payment processes. - Experience in the Shipping or Logistics industry is preferred. - Strong organizational, analytical, and problem-solving skills. - Good communication and team collaboration abilities. - Detail-oriented with the ability to manage multiple tasks effectively. Candidates with experience in Cash Management, Accounts Payable, Vendor Payments, Bank Reconciliation, Treasury Operations, or Finance Operations, preferably from the Shipping/Logistics industry, will be preferred. Compensation: 300,000.00 - 600,000.00 per year Benefits - Provident Fund Application Question(s): - How many years of experience do you have in Cash Management - Have you worked in the Shipping, Logistics, or related industry - Are you comfortable working in rotational shifts: 6:30 AM2:30 PM and 2:30 PM10:30 PM Work Location: In person .