Parle Products has been India's largest manufacturer of biscuits and confectionery for almost 80 years. Makers of the world's largest selling biscuit, Parle-G, and a host of other very popular brands, the Parle name symbolizes quality, nutrition and great taste. With a reach spanning even to the remotest villages of India, the company has definitely come a very long way since its inception. Many of the Parle products - biscuits or confectioneries, are market leaders in their category and have won acclaim at the Monde Selection, since 1971. With a 40% share of the total biscuit market and a 15% share of the total confectionary market in India, Parle has grown to become a multi-million dollar company. While to the consumers it's a beacon of faith and trust, competitors look upon Parle as an example of marketing brilliance.
VACANCY DETAILS :-
POST NAME - Assistant Manager Finance
QUALIFICATION - CMA
EXPERIENCE - 6 To 8 Years
LOCATION - Mumbai
JOB DESCRIPTION :-
- Identify and monitor foreign exchange exposures arising from imports, exports, foreign currency loans, ECBs, trade payables/receivables, and intercompany transactions.
- Execute forex hedging transactions using forwards, options, swaps, and other approved instruments in line with the companys risk management policy.
- Liaise with banks and authorized dealers for pricing, deal execution, and confirmations.
- Ensure timely booking, rollovers, cancellations, and closures of hedge contracts.
- Prepare reports on hedge coverage, effectiveness, realized/unrealized gains or losses.
- Conduct scenario and sensitivity analysis for currency movements.
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