Treasury Officer

Job description / Role

On behalf of our client, a well-reputed company in UAE, we are seeking a Treasury Officer.

Responsibilities:

• Trade Finance
• Expert knowledge of LC Application preparation (both online & Manual) and follow up with banks on day to day basis for any pending / outstanding issues.
• Good Experience of handling various types of LCs and collection documents.
• Experience in handling LC Documentation, ensuring Compliance with Credit Terms and tackling discrepancies.
• Experience in retiring the documents under LC / collection basis.
• Experience in validating basis of cost for various trade finance operations with banks.
• Working knowledge of Swift messages / Inco Terms and respective operations.
• Good knowledge of TR and other trade finance related facilities.
• Well conversant with various types of bonds/tender and bank guarantees.
• Detailed knowledge of various mandatory / custom LC / Guarantee clauses.
• Working knowledge of bank online portals both cash as well as trade.
• Dealing with bank on daily basis with respect to treasury and trade related activities
• Preparation Import Letter of Credit preparation as per the UCP 600 Guidelines – Knowledge of Inco-terms
• Verification of Export Letter of Credit verification and export documents preparation.
• Verification of various type of import documents – LC based, DP based, DA based etc on daily basis.
• Passing journal entries, verifying the accuracy
• Preparation of Financial Statement and bank reconciliation
• Preparation of Board Resolutions for Accounting Opening, organizing and managing the account opening task.

Requirements

• Very good command over English- written as well communication which is required for preparation bank correspondence and dealing with bank officials on regular basis
• Experience in Trade documentation
• Experience in Accounts and finance
• Commerce Graduate / PG, Candidate with CA / ICWA Inter will have preference.
• 8-10 years total year of experience and 4-5 years of relevant work experiences preferably in the UAE. Banking / Manufacturing and Retail experience will be an advantage
• Working knowledge on LC preparation. Knowledge of UCP 600 guideline and ICC Publication.
• Working experience on Letter Drafting, preparation of board resolution
• Sound accounting concepts and excellent understanding of accounting transactions at all levels.
• Working knowledge of Navison 2009 or any other ERP
• Advanced knowledge of working in financial models in Ms. Excel .
• Self-motivated team player with good interpersonal and communication skills and able to work to meet strict deadlines.

About the Company

GG Selection is a search partner with an international presence, clients in diverse industries, and a network of talent for all levels of seniority and experience. We’re not limited by industry or geography, and we treat every brief and every client like the individual case it is — never making assumptions or taking anything for granted, and always tailoring our service to the needs we discover.