Finance Specialist - Bank Guarantee (Bangalore, KA, IN, 560 029)

Ingersoll Rand
Bengaluru
Workplace: HybridFull timeFunction: Finance & AccountingExperience: 5-7 yearsEducation: bachelorsSkills: ["Cross-functional collaboration","Deadline management","Clear communication","Ownership mindset"]

Own the end-to-end management of bank guarantees for the EMEIA region, including issuance, amendments, renewals, cancellations, and closures. Coordinate with banks, treasury, legal, and business teams, maintain accurate BG registers and limits/expiry tracking, and ensure timely renewals to prevent lapses or penalties. The role is based in Bangalore with a hybrid arrangement and minimal anticipated travel.

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Ingersoll Rand
Ingersoll Rand
7 hours ago

Finance Specialist - Bank Guarantee (Bangalore, KA, IN, 560 029)

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Last checked: 7 hours agoStatus: Live

Job Summary

Own the end-to-end management of bank guarantees for the EMEIA region, including issuance, amendments, renewals, cancellations, and closures. Coordinate with banks, treasury, legal, and business teams, maintain accurate BG registers and limits/expiry tracking, and ensure timely renewals to prevent lapses or penalties. The role is based in Bangalore with a hybrid arrangement and minimal anticipated travel.
Location: Bengaluru
Workplace: Hybrid
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Mid level

Key Responsibilities

  • •Manage the complete lifecycle of bank guarantees (issuance, amendments, renewals, cancellations, closures) for EMEIA.
  • •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.
Travel: Low travel

Pay and Benefits

Equity and Bonus:Equity
Perks:EquityHealth InsuranceLife InsurancePaid LeaveLearning BudgetEmployee Assistance

Key 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.
  • •Strong understanding of bank guarantees and related banking instruments (including letters of credit).
  • •Ability to manage multiple deadlines and work cross-functionally and cross-regionally.
  • •Experience in capital goods industry and/or multinational organization (advantage).
Experience:5-7 years
Education:Bachelor's
Skills:Cross-functional collaborationDeadline managementClear communicationOwnership mindset

Company Brief

Ingersoll Rand
Designs, manufactures, and services industrial equipment and technologies including air compressors, power tools, fluid management systems, and downstream industrial solutions for manufacturing, construction, and commercial customers worldwide.
Industry: Industrial Machinery
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Davidson, United States
Founded: 1871
WebsiteLinkedIn