Bangalore Finance Specialist Bank Guarantee KA 560 029
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What you'll do
- Manage the complete lifecycle of bank guarantees, including issuance, amendments, renewals, cancellations, and closures for EMEIA region.
- Coordinate with banks, treasury, legal, and business teams for BG-related requirements.
- Maintain accurate BG registers and trackers, including limits utilization and expiry monitoring.
- Ensure timely renewal of BGs to avoid lapses or penalties.
- Ensure compliance with company policies, banking agreements, and regulatory requirements
What they're looking for
- Bachelor’s degree in Accounting, Finance, Commerce, or related field (CA/CMA/MBA Finance).
- 5–7 years hands-on exposure to bank guarantees and treasury-related activities.
Nice to have
- Prior experience in capital goods industry, multinational organization is an advantage.
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
Ingersoll Rand is committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.
Job Title
Finance Analyst – Bank Guarantee
Location
Bangalore
About Us
Ingersoll Rand is a global provider of mission-critical flow creation, life science and industrial solutions. Ingersoll Rand’s Global Engineering & Technology Center (GEC) in Bangalore, A GREAT PLACE TO WORK CERTIFIED WORKPLACE is driven by an ownership mindset and entrepreneurial spirit, has been a beacon of innovation for over 19 years, embodying our purpose to “Make Life Better” for our employees, customers, shareholders and the planet.
The Engineering & Technology center has expertly supported a diverse range of industrial products, offering deep expertise in core and digital engineering space. By cultivating a sense of inclusion, belonging and respect, and a collaborative culture, the GEC has fostered the most talented and capable engineers, thereby playing a pivotal role in driving Ingersoll Rand’s purpose and strategic focus areas.
Job & Division Summary:
The role is responsible for end‑to‑end management of Bank Guarantees for the EMEIA region.
Responsibilities
- Manage the complete lifecycle of bank guarantees, including issuance, amendments, renewals, cancellations, and closures for EMEIA region.
- Coordinate with banks, treasury, legal, and business teams for BG-related requirements.
- Maintain accurate BG registers and trackers, including limits utilization and expiry monitoring.
- Ensure timely renewal of BGs to avoid lapses or penalties.
- Ensure compliance with company policies, banking agreements, and regulatory requirements
Mandatory Requirements
- Bachelor’s degree in Accounting, Finance, Commerce, or related field (CA/CMA/MBA Finance).
- 5–7 years hands-on exposure to bank guarantees and treasury-related activities.
- Prior experience in capital goods industry, multinational organization is an advantage.
Desired Skills
- Strong understanding of bank guarantees, letters of credit, and related banking instruments.
- Ability to manage multiple deadlines and work cross-functionally and cross-regionally.
- Clear communication skills for interaction with banks and internal stakeholders.
Travel & Work Arrangements/Requirements
This position is based in Bangalore, India, with a hybrid work arrangement and minimal anticipated travel.
What we Offer
- We are all owners of the company! Stock options (Employee Ownership Program) that align your interests with the company's success.
- Yearly performance-based bonus, rewarding your hard work and dedication.
- Leave Encashments
- Maternity/Paternity Leaves
- Employee Health covered under Medical, Group Term Life & Accident Insurance
- Employee Assistance Program
- Employee development with LinkedIn Learning
- Employee recognition via Awardco
- Collaborative, multicultural work environment with a team of dedicated professionals, fostering innovation and teamwork.
Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. For more information, visit www.IRCO.com.
Company
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