Hiren Shah

Treasury Manager @Vinmar International

Mumbai, IN

Update position sheets for foreign exchange hedge contracts in the US. Liaise with banks for FX settlements and ensure accurate and timely processing. Verify and follow up with the payments team for the posting of FX settlements. Prepare cost analysis reports with M-O-M variance, YTD variance comparison, and provide detailed comments. Utilize Bloomberg for posting FX hedge requests and downloading hedge transaction reports. Retrieve and verify data from SAP R/3 Fico module for open sales orders, purchase orders, bank GL accounts, and vendor accounts. Prepare daily settlement reports after verification from bank statements. Generate global-level reports for FX hedges and other ad-hoc reporting as required by senior management. Upload global FX deals daily on TXP (Treasury Express Cloud-based software). Looking after LC / SBLC /Acceptance opening and transactions related to them. Payments under LC/Acceptance and Documentary collections & preparing Cash Flow for US companies.