Set up relevant financial structures for all transactions in order to minimize risk, optimize working capital and reduce financing cost
Review tenders and business projects to identify finance related requirements and meet the requirements in an optimal manner
Review facility and security documentation for existing and new financing facilities
Be the main point of contact for all banking related matters
Review and negotiate bank documentation of existing and new financing facilities
Be responsible for allocating Accounts Receivables discounting, LC issuance, and LC confirmation business among the banking pool in a cost-efficient and timely manner
Minimize financing costs through negotiations.
Review contracts and tender documents in order to identify and address finance related requirements
Be a source and point of contact for commercial teams to provide advice and guidance on financing costs and availability of various financing tools to support the business while meeting KPIs
Review and pro-actively assist in creating new and/or updated internal finance procedures to keep up with best practices
Prepare various information and reporting packages for banks and financing partners covering business, operational, financial, and other information about the Group
Letter of Credit Management
Negotiate LC/Guarantee wording in accordance with internal policies to adequately protect the company
Manage LC requests (IN/OUT) and liaise with operations and banks? LC departments to ensure acceptable LCs are issued/received timely
Be responsible for managing the documentary process for commercial LCs, LC confirmations, and discounting of LCs with banks;
Be responsible to review and advise stakeholders on all documentary processes and requirements related to LCs and LC payments;
Review and manage tender related LC requirements, such as Bid Bonds, Performance Bonds, and make allocations at minimum cost;
Contractual review for finance-related matters to ensure compliance with company policies;
Input, maintain and verify data in a proprietary system (Autoline).