Overview
Treasury Trade Finance Officer Jobs in UAE at Ghobash Group
Job Purpose:
To assist thefinance department in managing the companys financial resourcesincluding cash management liquidity management foreign exchangerisk management and
regulatory compliance
.
Tohandle the trade finance transactions (mainly letters of credit andbank guarantees).To reconcile bank statementsand maintain bankingrelationships.
Treasury Management Monitor  andanalyse the companys daily cash position to cover cash commitmentsand coordinate/optimize the shortterm and longtermborrowing
Manage cash flow income liabilityobligations and assets
Pool cash from allsecondary bank accounts when necessary
Adhereto monthend cutoff schedules for reconciliations of all cashrelatedaccounts all monthend processes and all related journalentries
Prepare daily weekly and monthlyreports on the cash position
Assist with thecompanys hedging program
Assist with riskmanagement by identifying/recommending strategies to minimizeforeign currency interest rate Assist withshort and longterm intercompany settlements andtransactions
Monitor and analyse bank fees andinterest charges
Maintain positiverelationships with the banks
Assist otherdepartments (e.g. audit accounting) with monthend and adhocinformation requests as needed
Work withcompanys business units to prepare weekly/monthly/annual cashforecasts and other cash and borrowing projection models andestablish metrics/key performanceindicators
Recommend and implement solutions tostrengthen operational controls and incorporate bestpractices.
Trade Finance Preparation ofbanking documentation for letter of credit (LC) and collectionbills Amendments TRsChecking of documentsnegotiated under LC.Process documentationrequired to be presented to banks fornegotiation
Follow up on all discrepanciesacceptance payment and any disputes
Ensuring
Bills under Usance LC paid on due date by applying TR or requestingthe same to be included in daily cashplanning.
Checking of Bank Charges pertainingto LCs / TR Interest Rates.
Vetting texts forbank guarantees (both internally and with the relevant banks) andconcluding on the acceptable text with thesuppliers/customers.
Processing the bankguarantee requests collection of guarantees from the banks anddelivery of guarantees to thebeneficiaries
Maintaining a track record of allopen trade finance items
Ensuring thecollection and cancellation of all bank guarantees after expiry(whenever the guarantees cease to berequired)
Annual Budget Assist  Senior FMin Preparation of Cash Budget.
Banking Facilities Reviewbanking  facilities documentation (renewals) for the Company andensure in line with the Companysrequirements.
Manages the requirements of thebanks for compliance with financial conditions /covenants.
Qualifications:
Bachelorsdegree in Finance Banking or any relevant field from a recognised
University orInstitution
Remote Work
 :
No
Employment Type
:  Fulltime Key Skills   Loan Processing,Fiscal Management,Accounting Software,Financial Services,Financial Concepts,Financial Report Writing,Quick Books,Accounting,Agriculture,
Financial Analysis
,Budgeting,Financial Management Vacancy: Â 1
Title: Treasury Trade Finance Officer
Company: Ghobash Group
Location: UAE
Category: Finance & Banking (Banking & Finance, Financial Analyst, Risk Manager/Analyst, Corporate Finance)
