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[QUOTE=Guest-IJT;150268][b]Name [/b]: Prashant Ravindra Lad
[b]Email [/b]: ladprashant20 AT yahoo.com
[b]Designation / Skillset[/b] : Senior Manager
MBA Specialisation in Finance having more than 10 years experience in Treasury, Finance and Trade Finance (UCP, LC's BG and Trade Products)

[u][b]Resume[/b][/u] :
 
Seeking middle level assignments in Trade Finance / Treasury Operations with a reputed organisation.
PROFESSIONAL PROFILE
________________________________________
- MBA (Finance) qualified professional with over 12 years’ experience in Trade Finance & Treasury Operations.
- Currently associated with GTL Limited, Mumbai as General Manager.
- A meticulous planner with expertise in creating business / financial plans geared towards successful accomplishment of core objectives.
- Demonstrated abilities in heading treasury operations right from strategy formation to execution, system development and accounting.
- Adroit in coordinating project finance, conducting evaluations & appraisals, analysing project viability, reviewing existing systems and procedures, preparing business continuity plans, designing internal control systems and facilitating effective decision-making.
- A dynamic go getter and trend setter with expertise in monitoring inflow & outflow of funds and ensuring optimum utilisation of available funds towards the accomplishment of desired goals.
- Well organized with a track record that demonstrates self motivation, creativity and initiatives to achieve both personal and corporate goals.
CORE COMPETENCIES
________________________________________
~ Trade Finance Operations, UCP 600 ~ Strategic Financial Planning ~ Working Capital Management
~ Project Financing ~ Treasury Operations ~ Vendors Payment Management
~ Treasury and Banking MIS ~ Budgeting & Forecasting ~ Cost Planning & Management
~ Banking Relationship Management ~ Fund Management ~ Team Management
CAREER HIGHLIGHTS
________________________________________
Mar’98 – till date GTL Limited, Mumbai
[b]Key Positions Held [/b]:
[b]As General Manager (July 2010 – till date) and Deputy General Manager (Jul’08 – Jun’2010) [/b]:
- Trade Finance Desk via LC opening, scrutinising LC documents and handling end to end LC transactions as per UCP 600 and FEMA guidelines, relevant amendments, bills settlements, presentation of documents under LC in line with LC terms and conditions as per UCP.
- Handling Trade Products like Packing Credit, Export Financing, Collection bills, BG’s, Vendor Financing, Remittances (A1 and A2) etc.
- Issuing SBLC’s and arranging banking lines against the same.
[b]- Monitoring Management Information System (MIS) for the following activities [/b]: 
- Mid Term / Long Term Investments.
- Company’s Short Term, Mid Term and Long Term Commitments.
- Tracking Collections and Funding for the branches all over India.
- Utilisation and monitoring of Non-Fund Based and Fund Based Limit..
- Steering Vendors Payment through using Cost effective Banking Facilities like Clean Bill Discounting, Inland Letter of Credit & Supplier’s Credit.
- Monitoring Fund Based as well as Non-Fund based facilities rendered by Banks including C.C, Letter of Credit and Bank Guarantee Limits.
- Negotiation with banks for discounting bill of exchange backed by Letter of Credit and for achieving reduction in relevant financial charges and rate of interest.
- Handling Banking Relationship
[b]- Negotiating for the following [/b]:
- Terms and Conditions with suppliers on the financial front for Inland Letters of Credit and Foreign Letters of Credit, Standby Letters of Credit, etc.
- Rate of interest for Term Deposit kept by Bank against Letters of Credit and Bank Guarantees under lien.
- Finalising Structured Financing and Structured Deals.
- Steering Project Financing activities and providing assistance in arranging Working Capital Finance from banks via Term Loan, Fund Based Facility and Non Fund Base Facility.
- Ensuring timely releasing of payments to vendors through ILC, Purchase bill-discounting facility and meeting payment commitments.
- Mapping Company’s Working Capital requirements through Trade Finance Desk Activities such as Bill Discounting, Letter of Credit Discounting, Export Bill Discounting, packing credit, etc required for business division.
- Designing Standard Operating Processes for Trade Finance.
- Serving as Single Point of Contact with business division and the senior management in the treasury on the one hand and with the bank on the other through solving operational queries.
[b]As Senior Manager (Jul’05 – Jun’08) [/b]:
- Heading Local Trade Finance.
- Monitored daily cash management for the branches all over India as well as Documentation and MIS of Export Bill Discounting like Packing Credit and Post Shipment.
- Tracked Collections and Funding for the branches PAN India level.
- Submission of Bill of Entry to banks.
- Collection of FIRC from the banks.
- Preparation of MIS for company’s financial position and tracking of all banking transactions on day-to-day basis.
[b]As Asst. Manager (Mar’98 – Jun’03) and Manager (July’ 03 – Jun’ 05)  [/b]:
- Managed Local Purchase Bill Discounting and Vendor Finance Discounting.
- Prepared Inland Letter of Credit and Foreign Letter of Credit.
- Ensured timely releasing of payments to vendors through Inland Letter of Credit and Purchase Bill-Discounting Facility.
- Ensured timely collection and scrutinising of bank advices for the charges like LC opening, LC Amendments, LC retirement and other related charges for the various financial transactions.
- Monitored Term Deposits kept by Bank against Letters of Credit and Bank Guarantees under lien.
- Meeting day-to-day payments due under LC, Purchase bill discounting
- Arranged funds in the respective banks through remittance, RTGS, NEFT from other banks for Meeting day-to-day payments due under Letter of Credit and Purchase Bill Discounting, Term Loan, Interest, Statutory Payments & Branch Funding.
- Handled treasury MIS for the day-to-day financial transactions.
- Resolving queries with banks if any.
[b]Major Attainments [/b]:
- Merit of having designed Treasury MIS formats in a successful manner.
- Distinction of being nominated for Passion for Action Award.
PROFESSIONAL QUALIFICATION
________________________________________
- Pursuing Advance Certificate in Foreign Trade recognised by India Merchant’s Chamber
ACADEMIA
________________________________________
MBA (Finance) IGNOU, New Delhi 2007
B.Com. Mumbai University 1997
IT QUALIFICATION
________________________________________
- Diploma in Computer Application & Management from A-Plus Computer, Mumbai.
 
-------------------------------------------------------
[b]More Information about this submission and submitter [/b]:-
___________________________________________________
[b]Submission ID  [/b]: 4457638
[b]Date & Time  [/b]: 8th Aug 2011 10:32 AM (UTC)
[b]IP Address  [/b]: 58.68.88.34
[b]Browser Info  [/b]: Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 6.0; GTB6.5; SLCC1; .NET CLR 2.0.50727; .NET CLR 3.5.30729; .NET CLR 3.0.30618; InfoPath.2)
Predicted Country : India[/QUOTE]

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