Job Summary
To supervise and oversee the Trade Finance team as well as the trade finance transactions & services.
Job Responsibilities 1
Supervises the Trade Finance team members to ensure accurate and timely delivery of expected tasks.
Manages and oversees the trade finance reports (e.g., facility limits, utilization, and exposure) on a daily basis.
Handles any point of escalations related to the processes in Trade Finance
Ensures timely and safe handling of Trade Finance Instruments’ transactions, in accordance with the International Chamber of Commerce Uniform Customs and Practice for Documentary Credits.
Ensures that Trade instruments received/issued are in compliance with Group Treasury Policies and Procedures.
Ensures that transaction details are recorded to the General Ledger and the Banks Letter of Credit system
Conducts relationships that will enhance the overall efficiency of the company.
Acts as the liaison with Accountants, customers, and correspondent banks to settle all related documents.
Job Knowledge & Skills
• Knowledgeable of Basic Accounting Principles and PracticesKnowledgeable of the financial markets and bankingKnowledgeable of UCP 600, URC 522 and URDG 758Knowledgeable of SAP system
• ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.
Job Experience
Minimum total 10 years of experience
3 years of departmental experience
Minimum 7 years in GCC
Competencies
Collaboration
Accountability
Resilience
Quality
Leadership
Creates Strategy - Developing
Drives Performance - Developing
Develops Future Leaders - Developing
Compliance Management L3
Banking Relationships L3
Letters of Credit L3
Treasury Systems L3
Accounts Payable L3
Education
Bachelor's Degree in Finance, Accounting, Economics, Pubic Administration or business administration, and other related field
Professional Qualification in Certified Management Accountant (CMA) or Certified Public Accountant (CPA)
Power International Holding (PIH) is a diversified business conglomerate, grouped into 5 main sectors: General Contracting, Agro-Food Industries, Real Estate Development, Lifestyle (Hospitality, Entertainment & Catering) and General Services. To ensure the sustainability and success of each businesses within the various sectors, we are committed to providing every entity with the tools and resources together with the central functional support to enable development and growth. We work in specialization, to ensure that each business strives to achieve the organization’s objectives and goals. Grouping is done through focus and trade excellence of organization leaders who proactively work together in multi-disciplinary groups, ensuring that each business thrives and flourishes.
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