Trade Finance Officer

2 weeks ago


Al Quoz, United Arab Emirates JOGA RAM Group Full time

LC Checking function
- Arrange pro-forma invoices for LC issuance
- Prepare Export LC draft as per contract or verify Export LC draft provide for conformity with contract
- Check Export LC received are as per the LC draft and provide amendment list if not in order
- Timely monitor and follow up with counterparties on LC and amendment status
- Check B/L draft and draft certificates comply with LC before final issuance
- Identify discrepancies and work with team members to resolve discrepancies
- Liaise with clients, banks, and other stakeholders to resolve any issues that may arise during the processing letter of credit (LC)
- Input data in the CRM system, including freight and financing costs (LC costs)

Accounting function
- Ensure monthly closing accuracy, reporting requirements and deadlines are met.
- Preparation/reconciliation of monthly TR/LC accounts
- Preparation of the consolidated financial statements
- Work with external auditors, resolving any accounting related issues.

Qualifications:

- Bachelor’s degree in finance, accounting, or a related field
- at least 3-5 years of experience in trade commodity finance within a bank or a commodity trading company
- strong understanding of general LC practice rules.
- Strong attention to detail and ability to work accurately in a fast-paced environment
- Computer proficiency in Excel, Word
- Good communication and interpersonal skills, with the ability to negotiate and manage relationships with the banks

Ability to work independently, prioritize tasks, and manage multiple projects simultaneously

**Salary**: AED5,000.00 - AED7,000.00 per month

Ability to commute/relocate:

- Al Quoz: Reliably commute or planning to relocate before starting work (required)


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