
Finance Associate
1 day ago
**Responsibilities**
- Managing day to day bank relationships and utilization and placing transactions with our suite of financing banks.
- Further liaising with the same bank throughout the life of the entire transaction to ensure all concerns and issues are promptly addressed.
- Preparing and/or 2nd checking all necessary trade documents such as bank cover letter, bank drafts, commercial invoice etc to ensure all documents presented is acceptable to banks and counterparties.
- Prepare, pre-check export LC and documents against contract and ILC to ensure compliant presentation.
- Advise necessary amendments/revisions to ensure workability of all trade finance instruments.
- Follow up on export / collection bills discrepancies, acceptance payment and any disputes.
- Liaison with banks for rates on L/C confirmations and discounting
- Understanding of UCP600, URC, ISBP and Incoterms.
- Monitoring of daily cash inflows and outflows to ensure prompt receipts from customers and timely payments to suppliers.
- To ensure timely and accurately process all necessary payments such as cargo, freight, brokerage & warehouse payment to maintain smooth operations process.
- Close liaison with our operators to monitor shipments and ensure correct security is in place before releasing of cargoes and providing timely & accurate finance related cost for MTM updating.
- Liaise with other functional groups including traders, trade execution teams and accounting to resolve execution issue and provide assistance where necessary.
- Make sure each business transaction is properly documented and recorded.
- Undertake additional functions and duties when required.
**Qualification**:
- Preferably Min Diploma holder with 5 years of experience in commodities trade finance within a trading house or bank.
**Requirements**:
- Adapt in Microsoft Excel and Words.
- Team player, initiative, and positive attitude.
- Good interpersonal and communication skills.
- Meticulous, coupled with sense of urgency and responsibility.
- Ability to deal with pressure, multitask and meet deadlines.
**How To Apply**:
**Remuneration will be commensurate with experience.**
**Job Types**: Full-time, Permanent
**Salary**: $4,000.00 - $4,500.00 per month
**Benefits**:
- Dental insurance
Schedule:
- Day shift
- Monday to Friday
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