Finance Officer- Trade - Delhi, India - Bhushan Group

Bhushan Group

Verified Company

Delhi, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Job description

Knowledge, Skills and Abilities

2+ years within a Trading Company / Financial institution having gained a basic understanding of the principals surrounding Trade Finance instruments and their pitfalls would be desirable
Wellorganized and proactive, excellent communication skills, strong coordinating skills, able to demonstrate exceptional problem solving and the ability to think in a highly logical and critical fashion
Highly diligent and sharp eye for attention to details
Able to take initiative and not only work to, but also set their own quickly changing deadlines
A team player, who is able to confidentially adapt their interpersonal approach as the situation demands, able to build strong relations both interdepartmentally and with external stakeholders
An individual who is not only comfortable but thrives in a high pressure environment
Excellent spoken and written English
Issuance & Acceptance for Letter of Credit & Negotiation

Key Responsibilities:

Issuance of L/Cs or Bank Guarantees for our purchases of
Steel & Pipes Industry Products including negotiation with banks in order to place transactions under bilateral facilities.
Review of contracts for all transactions in accordance with company policy and procedure
Risk covering sales where necessary with Banks and/or Insurance.
Close cooperation with our Operations team to ensure that our physical logístical requirements are in alignment with financial and risk considerations
Preparation and dispatch of Invoices and Letters of Indemnity (or shipping documents) for payment under Documentary Letters of Credit received from our buyers.
Proactively plan for enhanced Trade (Trade Services
Letter of Credit & Guarantee / Export & Import Documentary Operations/Trade finance/Working Capital finance) controls.
Manage day to day senior client contact and handling of client issues with proactive follow up with the respective Operations; Sales; Product Management teams.
Work with product and sales teams to address and resolve customer issues efficiently.
Bank Coordination for OD Account Limit & Credit Limit Compliance.
Prepare MIS for Audit Purpose, Budget Management, Prepare Sale/Purchase/ Credit Note & Others Important Indicators.