Trade Finance Executive

Responsibilities: - Manage trade finance transactions including Import Letters of Credit (ILC), Trust Receipts (TR), freight loans, and Export LC discounting. - Prepare, negotiate, apply for, and present Letters of Credit (LC), including issuance, amendments, and Master LC (MLC). - Prepare Proforma Invoices and export documents for submission to banks or clients. - Monitor import payments, export receipts, and remittance transactions, liaising with bank operations teams. - Track and update banks’ facilities, credit limits, and utilization. - Assist the CFO in monitoring foreign exchange exposures and hedging strategies. - Support execution of FX transactions and maintain detailed records of currency positions. - Analyze and report on FX market movements and their impact on company operations. - Reconcile trade finance transactions with accounting records to ensure accuracy. - Support month-end closing activities related to trade finance and treasury. - Prepare financial reports and schedules for management review. - Ensure compliance with internal controls, accounting standards, and regulatory requirements. - Act as backup for the Accountant, maintaining continuity of accounting operations. - Serve as a key liaison with bankers to discuss banking facilities, credit lines, and utilization. - Negotiate terms and resolve issues with financial institutions to optimize banking arrangements. - Provide timely updates to management on facility status and banking arrangements. Preferred competencies and qualifications: - Experience in FX management and treasury operations preferred. - Bachelor’s degree in Finance, Accounting, Business, or related field. - Minimum 3–5 years of experience in trade finance operations, with exposure to LC issuance and negotiation. - Strong knowledge of banking facilities, import/export documentation, and remittance processes. - Solid understanding of accounting principles and ability to reconcile financial transactions. - Proven ability to communicate and negotiate effectively with bankers and financial institutions. - Proficiency in MS Excel and financial reporting tools. - Strong analytical skills, attention to detail, and ability to work under tight deadlines. - Excellent communication and interpersonal skills.