Trade Transaction Manager

6 days ago


Singapore Achieve Group Full time

**About Us**

Achieve Group is a dynamic organization focused on delivering excellence in trade transactions. Our team works diligently to ensure seamless processing of receivables and payables for oil and gas trades.

Job Summary:

This role plays a crucial part in our operations, responsible for verifying trade details, reconciling discrepancies, and collaborating with traders and the operations team to resolve payment issues promptly.

Key Responsibilities:

  • Trade Transactions Management: Handle receivables and payables for physical products trading transactions, ensuring accuracy and timeliness.
  • LC Issuance and Negotiation: Import LC issuance and export LC negotiation, maintaining compliance with regulations.
  • Contract Review: Thoroughly review trade contracts to identify potential risks and opportunities.
  • Trade Information Coordination: Collaborate with Operations on trade and shipment information, ensuring seamless execution.
  • Payment Follow-up: Follow up on payment approvals to prevent delays.
  • Cargo and Direct Expenses Handling: Handle payments for cargo and direct expenses, maintaining transparency.
  • Trade Data Maintenance: Maintain updated trade information in the system for month-end accounts closing, ensuring data integrity.
  • Treasury Support: Provide necessary information on receivables and payables for Treasury's cashflow planning.

Requirements:

  • Education: Degree in Accounting, Finance, Banking, Commerce, or Maritime Studies (equivalent). Strong theoretical foundation essential.
  • Experience: Minimum 3 years of relevant experience in handling payments, invoicing, and trade finance. Proven track record of success preferred.
  • Skills and Qualifications: Good interpersonal and communication skills; quantitative skills; meticulous nature; knowledge of Letter of Credit (LC) an added advantage.


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