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Home » Jobs » Al Marwan Group Holding » Accounting / Finance & Auditing

Sr. Trade Finance Officer

Category Accounting / Finance & Auditing
Job Ref MGH-038-2017
Job Posting Date Sun 15 Jan, 2017
Job Expiry Date Tue 28 Feb, 2017
Experience Required
3 - 6 Years
Minimum Education Bachelors Degree

Job Description:

-Responsible for the functions related to Documentary Credit (import & export) and Guarantees.
-Issue letter of credit request to the bank and check documents presented under LC and LG are accurate and adhere to bank requirements.
-Review & verify LG, LC and other trade financing document and coordinate with the banks for extensions, alternation, renewal and closing on duly basis.
-Liaise with relevant department regarding discrepancies in documents presented under documentary credits.
-Monitor all LC payments accounted for in ERP system through verification against purchase orders and proforma invoices.
-Ensure that all supplier invoices along with other charges and commission under LC are recorded to warrant accuracy and completeness.
-Propose amendments to the procedures, if required, and maintain an acceptable level of internal control in the tasks that falls under responsibility.
-Maintain & improve relationship with banks & other financial institutions and seek for new opportunity & new bankers.
-Review terms and conditions related to banks' contracts regularly.
-Monitor regularly bank accounts/advice for account position, charges & commission and interest rates.
-Respond to relevant department and bank's queries and resolve any issue efficiently. 
-Provide periodic reports/statistics for management

Job Desired Skills:

-Degree in Finance and Accounting
-Minimum 5 years’ experience in trade finance or in banking sector
-Strong interpersonal and communication skills 
-Good knowledge of written and spoken English & Arabic

Status Closed

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