Trade Settlements Executive, 1 year contract

Trade Settlements Executive, 1 year contract

CLIENT: Oil trading firm

THE ROLE

Handle AR and AP for physical products trading transactions.

Issue Import LC and negotiate Export LC with banks

Review trade contracts

Coordinate with operations team regarding trade and shipment information

Follow up on the approval for payments

Handle payments for cargo and direct expenses

Maintain updated trade information in the system for the month-end accounts closing

Provide information on accounts receivables & payables for Treasury's cashflow planning

Any other adhoc duties

REQUIREMENTS

Bachelor's Degree in Accounting/Finance/Banking/Commerce/Maritime Studies or related disciplines

3 years of relevant experience in handling payments/invoicing/trade finance

LC knowledge will be an added advantage

Familiar in oil & gas trading / shipping sector