Treasury & Trade Finance Officer

أبوظبي - الإمارات

الراتب شهرياً: لم يكشف

تاريخ النشر: نُشرت قبل 4 ساعة

عدد الوظائف الشاغرة: 1 عدد الوظائف الشاغرة

سجل للتقديم

ملخص الوظيفة

Job Purpose:

To assist the finance department in managing the companys financial resources including cash management liquidity management foreign exchange risk management and regulatory compliance.
To handle the trade finance transactions (mainly letters of credit and bank guarantees).
To reconcile bank statements and maintain banking relationships.

Treasury Management

Monitor and analyse the companys daily cash position to cover cash commitments and coordinate/optimize the short-term and long-term borrowing
Manage cash flow income liability obligations and assets
Pool cash from all secondary bank accounts when necessary
Adhere to month-end cut-off schedules for reconciliations of all cash-related accounts all month-end processes and all related journal entries
Prepare daily weekly and monthly reports on the cash position
Assist with the companys hedging program
Assist with risk management by identifying/recommending strategies to minimize foreign currency interest rate
Assist with short- and long-term intercompany settlements and transactions
Monitor and analyse bank fees and interest charges
Maintain positive relationships with the banks
Assist other departments (e.g. audit accounting) with month-end and ad-hoc information requests as needed
Work with companys business units to prepare weekly/monthly/annual cash forecasts and other cash and borrowing projection models and establish metrics/key performance indicators
Recommend and implement solutions to strengthen operational controls and incorporate best practices.

Trade Finance

Preparation of banking documentation for letter of credit (LC) and collection bills Amendments TRs
Checking of documents negotiated under LC.
Process documentation required to be presented to banks for negotiation
Follow up on all discrepancies acceptance payment and any disputes
Ensuring Bills under Usance LC paid on due date by applying TR or requesting the same to be included in daily cash planning.
Checking of Bank Charges pertaining to LCs / TR Interest Rates.
Vetting texts for bank guarantees (both internally and with the relevant banks) and concluding on the acceptable text with the suppliers/customers.
Processing the bank guarantee requests collection of guarantees from the banks and delivery of guarantees to the beneficiaries
Maintaining a track record of all open trade finance items
Ensuring the collection and cancellation of all bank guarantees after expiry (whenever the guarantees cease to be required)

Annual Budget

Assist Senior FM in Preparation of Cash Budget.

Banking Facilities

Review banking facilities documentation (renewals) for the Company and ensure in line with the Companys requirements.
Manages the requirements of the banks for compliance with financial conditions / covenants.

Qualifications :

Bachelors degree in Finance Banking or any relevant field from a recognised University or Institution

Additional Information :

Skills & Professional Requirements:

Good MS Office skills particularly strong capabilities in MS Excel.
Working experience Knowledge on Oracle ERP
Able to work independently and highly meticulous.

Experience Requirements:

Minimum 3 years similar experience in a financial institution or a private entity

Attributes and Behaviours:

Excellent strategic planning skills and able to interact with all levels
Accuracy and attention to detail
Aptitude for numbers and quantitative skills

Remote Work :

Employment Type :

Full-time

Job Purpose:To assist the finance department in managing the companys financial resources including cash management liquidity management foreign exchange risk management and regulatory compliance.To handle the trade finance transactions (mainly letters of credit and bank guarantees).To reconcile ban...

Job Purpose:

To assist the finance department in managing the companys financial resources including cash management liquidity management foreign exchange risk management and regulatory compliance.
To handle the trade finance transactions (mainly letters of credit and bank guarantees).
To reconcile bank statements and maintain banking relationships.

Treasury Management

Monitor and analyse the companys daily cash position to cover cash commitments and coordinate/optimize the short-term and long-term borrowing
Manage cash flow income liability obligations and assets
Pool cash from all secondary bank accounts when necessary
Adhere to month-end cut-off schedules for reconciliations of all cash-related accounts all month-end processes and all related journal entries
Prepare daily weekly and monthly reports on the cash position
Assist with the companys hedging program
Assist with risk management by identifying/recommending strategies to minimize foreign currency interest rate
Assist with short- and long-term intercompany settlements and transactions
Monitor and analyse bank fees and interest charges
Maintain positive relationships with the banks
Assist other departments (e.g. audit accounting) with month-end and ad-hoc information requests as needed
Work with companys business units to prepare weekly/monthly/annual cash forecasts and other cash and borrowing projection models and establish metrics/key performance indicators
Recommend and implement solutions to strengthen operational controls and incorporate best practices.

Trade Finance

Preparation of banking documentation for letter of credit (LC) and collection bills Amendments TRs
Checking of documents negotiated under LC.
Process documentation required to be presented to banks for negotiation
Follow up on all discrepancies acceptance payment and any disputes
Ensuring Bills under Usance LC paid on due date by applying TR or requesting the same to be included in daily cash planning.
Checking of Bank Charges pertaining to LCs / TR Interest Rates.
Vetting texts for bank guarantees (both internally and with the relevant banks) and concluding on the acceptable text with the suppliers/customers.
Processing the bank guarantee requests collection of guarantees from the banks and delivery of guarantees to the beneficiaries
Maintaining a track record of all open trade finance items
Ensuring the collection and cancellation of all bank guarantees after expiry (whenever the guarantees cease to be required)

Annual Budget

Assist Senior FM in Preparation of Cash Budget.

Banking Facilities

Review banking facilities documentation (renewals) for the Company and ensure in line with the Companys requirements.
Manages the requirements of the banks for compliance with financial conditions / covenants.

Qualifications :

Bachelors degree in Finance Banking or any relevant field from a recognised University or Institution

Additional Information :

Skills & Professional Requirements:

Good MS Office skills particularly strong capabilities in MS Excel.
Working experience Knowledge on Oracle ERP
Able to work independently and highly meticulous.

Experience Requirements:

Minimum 3 years similar experience in a financial institution or a private entity

Attributes and Behaviours:

Excellent strategic planning skills and able to interact with all levels
Accuracy and attention to detail
Aptitude for numbers and quantitative skills

Remote Work :

Employment Type :

Full-time

اعرض المزيد

المهارات المطلوبة

Loan Processing
Fiscal Management
برامج المحاسبة
الخدمات المالية
Financial Concepts
Financial Report Writing
QuickBooks
المحاسبة
الزراعة
التحليل المالي
وضع الميزانية
الإدارة المالية

قدم الآن

عن الشركة

Ghobash Group

Established in 1981, Ghobash Group stands as a distinguished UAE-based conglomerate renowned for its highly diversified and progressive business ventures. With a robust portfolio spanning eight pivotal sectors, including a strong focus on Technology, Energy & Utilities, and Healthcare ... اعرض المزيد

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