Company Overview

PETRO-WIN RESOURCES PTE. LTD.

Job Summary

Manage trade finance transactions and banking relationships while supporting treasury, FX management, and accounting functions to ensure accurate financial reporting and compliance.

Responsibilities

Manage trade finance transactions including Import Letters of Credit (ILC), Trust Receipts (TR), freight loans, and Export LC discounting to ensure smooth operations
Prepare, negotiate, apply for, and present Letters of Credit (LC), including issuance, amendments, and Master LC (MLC) to meet client and bank requirements
Prepare Proforma Invoices and export documents for submission to banks or clients to facilitate trade processes
Monitor import payments, export receipts, and remittance transactions, liaising with bank operations teams to resolve discrepancies and issues promptly
Track and update banks facilities, credit limits, and utilization to maintain accurate financial records
Assist the CFO in monitoring foreign exchange exposures and hedging strategies to manage currency risk effectively
Support execution of FX transactions and maintain detailed records of currency positions for accurate treasury management
Analyze and report on FX market movements and their impact on company operations to inform decision-making
Reconcile trade finance transactions with accounting records to ensure accuracy and compliance
Support month-end closing activities related to trade finance and treasury to meet reporting deadlines
Prepare financial reports and schedules for management review to provide clear insights into financial status
Ensure compliance with internal controls, accounting standards, and regulatory requirements to uphold governance standards
Act as backup for the Accountant during her absence, maintaining continuity of accounting operations and timely reporting
Serve as a key liaison with bankers to discuss banking facilities, credit lines, and utilization, fostering strong relationships
Negotiate terms and resolve issues with financial institutions to optimize banking arrangements
Provide timely updates to management on facility status and banking arrangements to support strategic planning

Preferred competencies and qualifications

Experience in FX management and treasury operations preferred
Bachelor's degree in Finance, Accounting, Business, or related field
Minimum 3-5 years of experience in trade finance operations, with exposure to LC issuance and negotiation
Strong knowledge of banking facilities, import/export documentation, and remittance processes
Solid understanding of accounting principles and ability to reconcile financial transactions
Proven ability to communicate and negotiate effectively with bankers and financial institutions
Proficiency in MS Excel and financial reporting tools
Strong analytical skills, attention to detail, and ability to work under tight deadlines
Excellent communication and interpersonal skills to liaise with banks, clients, and internal stakeholders

Trade Finance Executive (Commodities)