Trade Finance Officer at Willers Solutions

Our client an international company with focus in the Agro-allied sector seeks to fill the role of a Trade Finance Officer.

Location: Ibadan

JOB DESCRIPTION

• Coordinating with the supply chain department concerning LC’s and payment terms with suppliers.
• Communicating with Banks to negotiate for quotes for Letter Of Credit Transactions and explore Trade Finance Opportunities with them.
• Reviewing and negotiating all types of charges raised by current as well as upcoming banks.
• Preparing the files that need to be submitted to banks in order to get new facilities.
• Handling the renewal process for the current facilities with banks.
• Controlling trading operations such as establishing letter of credit, negotiating LC Terms and conditions, discounting LC, issuing bank guarantees, and submitting control returns on all the discounted LCs.
• Controlling all inward / outward remittances which include: Import Bills, Export bills, Remittances, and SWIFT Operations.
• Submit and manage the payments process, ensuring all payments are checked, signed and submitted to the banks, before their respective deadlines
• Performing daily corporate cash management and forecasting activities.
• Ensuring that all financial transactions are properly recorded, filed and reported.
• Submitting to the Head of Treasury timely and accurate financial information.
• Coordinating with the accounting department to ensure the accuracy of financial reporting.

SKILLS

• Excellent knowledge and experience of Trade Finance especially Letters of Credit
• Knowledge of banking application
• Highly analytical
• Skilled in currency risk and managerial cash flow
• Sound experience of negotiations
• Skilled in excel

Requirements

• Minimum of BSc / HND in Finance or other related discipline from a recognized institution.
• Minimum of 3 years cognate experience
• Must be Analytical and Smart