Our client, an Oil & Gas MNC company is looking for Trade Executive to manage its international trade.
Motivated and Dynamic individual are invited to join this MNC Corporation and enjoy great career prospect and bonuses
Responsibilities:
- Managing letter of credit transactions including amendment, issuance, and acceptance of LCs
- Ensuring the letter of credit issuance are accurate and are in accordance with deal agreements and international UCP standards, bank procedures and regulations
- Preparing and facilitating letter of credit negotiation for banks
- Choosing the right banks with better rates, terms, limits, covenant, and conditions to determine and manage letter of credit/trust receipt/discounting related issues.
- Be responsible for processing drawings under Letter of credit & stand-by letter of credit to update credit positioning to book, adjust, and recording letter of credit utilization.
- Preparing journal entries and transfer to SAP system via Risk Management System (CXL) regards to cash disbursement, receipts, and other accounting entries
- Managing account receivable & payable and prepare reconciliation for AP/AR trade related accounts
- Responding to physical trade inquiries (invoices, AR aging, documents request), internal/external audit requests and providing support to subsidiaries
- Coordinating with overseas agencies for VAT & GST filling for foreign exchange arrangement
Requirements:
- Bachelor Degree in Accountancy or Finance or related principles
- 2 – 5 years trade executive or finance executive in energy or oil & gas industry
- Experience in handling letter of credit issuance and its negotiation is compulsory
- Proficient in SAP systems or CXL Triple Point Software
Other Information:
- Location: Suntec City
- Salary: Up $4500
- AWS and performance bonus
- Great career prospect and promotion opportunity
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