1. MOHIT MEHTA
E-Mail: mohitmehta84@gmail.com
Phone: +91 9879102245
Address: J2/22, NN Township, Essar Steel India Ltd, 27th
KM Surat Hazira Road, HAZIRA 394 270
S K I L L S E T
Working Capital Mgmt.
Cash Flow & Bgt., DP Statement
Credit Financing
Letter of Credit
Bank Guarantees
Foreign Remittance
Banking Operations
Bill Discounting
Laisoning with Banks
P R O F I L E S N A P S H O T
• Manager with 9 years of experience
• In-depth knowledge of all statutory guidelines (RBI) related to Cross Border
Trade including ICC Rules and Regulations
• Proficiency in short-term financing from Indian / Foreign Banks, Foreign
Exchange Management, Trade Finance Operations, Transaction Banking
Operations and executing Treasury Transactions for exports
• Accomplished in designing systems & procedures and contributing towards
improved financial performance, heightened productivity and enhanced
internal controls
• Financial analysis, preparing financial projections, debt models and CMA data
for syndication of term loan and working capital limit
• Skills in the concepts of Exchange Control / UCPDC 600 / FEMA Regulations
• Experience in monitoring the issuance of all types of Letters of Credit, Bank
Guarantees, LC Confirmations, Transfer of LCs, and so on
• Monitoring the inflow & outflow of funds and ensure optimum utilization of
available funds to accomplish organizational goals
• Export Financing & Documentation, Treasury Mgmt. (Preparation &
Monitoring daily cash flow & Budgeted cash flow)
• Working Capital Financing, Preparation of CMA Data, short term Investment
• Preparation of proposals with Banks and Financial institutions and
meeting/follow-ups with branch and head office of lenders for moving the
proposal and taking disbursements
O R G A N I Z A T I O N A L E X P E R I E N C E
Since JULY 2007 Essar Steel India Limited, Hazira as Manager
Growth Path & Deputations:
Jul ’07 – Jun’ 08 Export Documentation and Financing
Jul’08 – Mar’ 10 Assistant Manager – Back office Work – Accounting, RTGS/NEFT, Market Updates, Reconciliation
Apr’10 – Mar’13 Deputy Manager – Handling Buyers Credit, Laisoning with Banks for daily routines
Apr’13 – Till Date Manager, Working Capital, Trade finance, Short Term Borrowing,
Key Result Areas:
As Manager:
• Leading & supervising a team of 3 personnel
• Compliance with post disbursement activities and driving cost reduction measures and MIS
• Financial strategy for saving finance cost, refinance and rollover
• Managing non-fund based limit, offshore financing for Capital Import Equipment, Hedging Foreign Exchange Exposure,
Debt Servicing (ECA /ECB)
• Establishing the operating model for the Trade Finance business; ensuring that the company had a complete product
offering for its clients
• Spearheading operations of the Trade Finance Department including counter-trade, pre/post-shipment financing and
structuring of complex deals from inception to conclusion
• Submitting Export / Import Statement and Export Credit outstanding statement
• Monitoring all types of foreign exchange transactions including Trade Credit, Overseas Investments, Royalty Payment,
Transactions, and so on
• Arrangement of Buyers Credit / Suppliers Credit dealing with Overseas Banks, Rollovers of BYCR if permissible
• Collaborating with banks for Export Packing Credit and Post Shipment Credit in Foreign Currency
• Following up with the Marketing Team on issues related to export realizations, receipt of Letter of credit, amendments
required from time to time and renewal of contracts, Purchase and Sales Bill Discounting
As Deputy Manager:
• Arranged Trade Credit Financing from Indian Offshore Branches / Foreign Banks

2. • Undertook steps to reduce risk on Foreign Exchange Transactions for imports & exports
• Supervised Trade Finance Operations for imports/exports accounting and trade-credit financing arrangement at
minimal cost
• Monitored Electronic Banking Portal Setup & Systems Development under Trade Finance activities
• Managed non-fund based limits and worked towards smoothening of process improvements such as operations
(exports & imports)
• Preparation of MIS – LC Calendar, Cash Flow, Actual V/s Budgeted, Reason of Variances
Highlights:
• External Commercial Borrowing (ECB) and Stand-by letter of Credit (SBLC) of USD 1 billion
• Working Capital enhancement from Rs. 8000 crore to Rs. 12000 crore
• Availed Letters of Credit to the tune of INR 1000 Crores in the domestic market for various beneficiaries
• Preparation & Monitoring daily cash flow, monthly Cash Flow & Budgeted Cash Flow
• Streamlined the workflow for processing of Trade Finance products; supervised automation of processes that led to
benefits such as increase in transparency and ease in generation of various reports
• Preparation of CMA Data
• Assisted in the documentation and negotiation of pre-financing facilities to export entities on the basis of off-take
contracts related to steel shipments
• Availed Trade Finance codes from Singapore, Bahrain, Hong Kong, Brazil, Dubai, and London; drove annual business
worth $ 2 Billion for Trade products to corporate clients
A C A D E M I C D E T A I L S
• Completed Diploma in “Treasury Investment and Risk Management” from Indian Institute of Banking and Finance,
Mumbai with “A” Grade in year 2008
• Completed Two Years Full Time M.B.A (2005-07) from Aravali Institute of Management, Jodhpur with 6.50 CGPA
• Bachelor of Commerce from Shri Jain P.G. College, Bikaner (Raj.) passed in 2004
• Higher Secondary Examination from Shri Jain Senior Sec. School, Bikaner (Raj.) in year 2000-01
• Secondary Examination from Rashtra Sahayak Sr. Secondary School, Bikaner (Raj.) in year 1998-99
• Completed ‘O’ Level Examination from DOEACC Society
S E M I N A R S A T T E N D E D
• Participated in Programme on managing Exports - Imports Customs foreign exchange under globalization and WTO
regime organized by IIM – B
• Attended Seminar on International Credit Risk and UCP 600 by IMA
• Re-presented ESSAR during programme on LC transactions, UCP 600 Norms organized by ICC, Mumbai
I T S K I L L S
•
• SAP Operations
• Technical Software (Bloomberg & Reuters)
• Windows OS (98, 2000 & XP)
• MS Office
• E-Banking & E-Trade (Online)
• Treasury Management System
• Trade Finance System (Exports / Imports)
P E R S O N A L D E T A I L S
Date of Birth: 22nd
June 1984
Languages Known: English, Hindi, and Marwari