Trade Finance Manager

Job Description : TRADE FINANCE MANAGER NIGERIA The Trade Finance function is centralized at Head Office in Nigeria. The position is responsible to handle all trade finance related transactions of Group. The reporting of this position will be to CFO based in Nigeria. Candidate Profile · Chartered_Accountant/ MBA in Finance with at least 10 years of experience in handling Trade Finance in reputable organization · Good working knowledge of UCP guidelines and Inco terms · Must be multitasker · Position required coordination with in house procurement operations and with banks so communication is the key · Must be hardworking · Experience of working on ERP Microsoft Navision would be an added advantage · Good knowledge of Microsoft office especially Microsoft Excel Job Description · Follow up with In-House procurement operations for shipments · Follow up with In-House procurement operations for document negotiation against shipments done · Follow up with banks to release payment telexes against documents negotiated or advice discrepancies · Accept discrepancies asap · Follow up with advising/ confirming bank for payment to in-house procurement operations against the telexes released by Nigeria Banks · Getting Form M’s and LC’s extended where required · Follow up with In-house procurement operation in Dubai for payment against exports · Arranging Bank Guarantees for Customers & Suppliers · Handling LC’s documentation for local sales against LC · Booking Non-USD NDFs in Dubai against exports in Non-USD currency · Cancellation of LCs where no further imports are expected to create room in Trade Line · Updating transactions on ERP · Preparing MIS for trade transactions and getting it automated on ERP Package · Annual performance-related bonus · Bachelor accommodation for the first 12 months and family accommodation after 12 months if performance is satisfactory · Soft and hard furnishing will be provided. Utility bills will be paid by the Company · Medical reimbursement · 4 weeks leave after 48 weeks of work with free air ticket for whole family · All ticket and visa expenses for whole family are borne by the Company

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