Finance Officer- Trade

1 week ago

Delhi, India Bhushan Group Full time

**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
- Well-organized and pro-active, 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 inter-departmentally 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 co-operation 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.

**Job Types**: Full-time, Regular / Permanent

**Salary**: ₹22,387.20 - ₹35,569.94 per month

Schedule:

- Day shift

Supplemental pay types:

- Yearly bonus

Ability to commute/relocate:

- Delhi, Delhi: Reliably commute or planning to relocate before starting work (required)

**Experience**:

- total work: 3 years (preferred)

**Speak with the employer**
+91 8368606256

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