Letter of Credit Coordinator

ManpowerGroup Middle East

Dubai, UAE

Ref: HP647-2316

Job description / Role

Employment: Full Time

Key responsibilities include:
• Proactively manage the entire process of letters of credit from financing to cash collection to ensure the optimization of cash flow and decrease of financial risks
• Review and follow-up regarding bank presentations to ensure payments are issued promptly and correctly
• Establish and maintain communication with the appropriate individuals throughout the process (Sales Operations Director, Project Manager, Logistics, Finance, Sales Managers, Customers, Cash Collectors, Banks)
• Analyze and define the root causes of past due in order to meet requirement of cash collection orientation strategy
• Review all bank discrepancies to determine whether they are acceptable with regards to documentation required for shipping, customs clearance, cash collection etc
• Review letter of credit documents to determine compliance with international and company standards
• Maintains the data and record entry in the L/C tracker

Salary:
AED 12,000 to 15,000 per month inclusive of fixed allowances.

Requirements

Required Qualifications:
• Minimum Bachelor degree
• Fluent English
• Minimum of 3 years relevant Letter of Credit experience
• Accounting and Trade finance knowledge
• Excellent PC skills with Microsoft Word and Excel
• Strong customer satisfaction orientation
• Ability to handle heavy work volume and to work rapidly under critical time constraints; work well under pressure
• Ability to understand priorities
• Demonstrated analytical as well as written and oral communication skills
• Strongly compliance driven
• Detail oriented
• Team Player

About the Company

We lead in the creation and delivery of innovative workforce solutions and services that enable our clients to win in the changing world of work.

ManpowerGroup powers the success of many of the world's most dynamic organizations. We deliver innovative workforce solutions that enhance competitiveness, increase efficiency and spur productivity. Combining global reach with local expertise - 3600 offices in over 80 countries - we know the changing world of work and bring a deep understanding of the companies we work for and the industries we service.

ManpowerGroup entered the Middle East in December 2007 after acquiring local company Clarendon Parker, thus bringing 15 years in-depth local knowledge combined with a global footprint and industry shaping expertise and thought leadership. Manpower Middle East supports clients in the Middle East and North Africa regions. Our business is aligned to key skill specializations to ensure our clients requirements are met by expert and knowledgeable consultants that understand your industry and role requirement.

Our consultants are experts in finding the right talent across all industries in a broad-range of occupations including:

  • IT & Telecommunications
  • Engineering & Construction, Oil & Gas
  • Banking, Finance & Legal
  • Sales & Business Development
  • Marketing, Public Relations & Communications
  • Human Resources & Training
  • Customer & Support Services (Secretarial and Administrative)
  • Operational, Supply Chain & Logistics
  • Executive Recruitment
  • Emiratization Solutions
  • Recruitment Program Outsourcing Solutions
  • Managed Service Provider Solutions
  • Talent Based Outsourcing Solutions
  • Outsourced Staffing Solutions

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Co-Ordinator salaries in UAE

Average monthly compensation
AED 7,000

Breakdown available for industries, cities and years of experience