Bank Guarantee Handling of bank guarantees and co-ordination with banksCo-ordination with BU marketing , Corporate Review of contract clauses and Bank Guarantee clauses and match bank guarantee request received from BUReview request received for bank guarantee amendment/ issuance in BG AppRegularly monitor and update BG AppPreparation of bank guarantee data for monthly MISBank & Bank guarantee reconciliationVerification of Bank Guarantee charges for each transaction with agreed ratesPreparation & Submission of data for audit. Handling of audit queries Review and assignment of collection and contract reconciliation
Timely and correct accounting + assignment of collection against outstanding receivablesReview of unclaimed collection Co-ordination with BU marketingQuarter end accounts closing activities