Trade Finance Executive
Job Summary
We are seeking a proactive and detail-oriented Trade Finance Executive to join our Finance team in Singapore. This role involves managing cash flow, financial operations, and collaborating with internal teams and international stakeholders. You will be responsible for reporting, managing accounts receivable, and coordinating with banks to ensure smooth trade finance transactions.
Responsibilities
- Prepare daily incoming funds reports
- Maintain accounts receivable and cash flow forecasts
- Coordinate export document dispatch
- Liaise with banks for fund crediting
- Follow up on overdue payments
Required Skills
- Diploma or degree in Finance/Accounting
- 2+ years experience in AR/Treasury/Trade Finance
- 2+ years experience in Letter of Credits (LCs)
- Strong analytical and organizational skills
- Proficiency in Microsoft Excel
Job Details
Key Responsibilities:
- Prepare and send daily incoming funds reports for both bulk and container transactions.
- Maintain comprehensive accounts receivable reports, including aging schedules, cash flow forecasts, and other key financial metrics for management review.
- Coordinate with internal departments on the status of export negotiations and the dispatch of export documents.
- Liaise with banks to ensure timely crediting of funds as per value dates.
- Engage with customers and banks to follow up on overdue payments, ensuring outstanding balances are cleared promptly.
- Support other team members and assist with ad hoc tasks or duties during team members’ absence.
- Collaborate effectively with Trade Finance and cross-functional teams to foster a cohesive working environment.
Requirements:
- Diploma or degree in Finance, Accounting, or a related field.
- 2+ years of experience in Accounts Receivable, Treasury, or Trade Finance.
- 2+ years of experience in Letter of Credits (LCs).
- Strong analytical and organizational skills with attention to detail.
- Excellent communication and interpersonal skills.
- Ability to work independently and as part of a team in a fast-paced environment.
- Proficiency in Microsoft Excel and accounting software.