Coordinate with business teams, (purchasing, accounts payable, etc.) to ensure smooth execution of the group requirements.
Ensure the efficient management of the company?s bank accounts.
Check and verify cash transactions, and also investigate and propose a possible resolution for any discrepancies.
Take care of the cash management system of the company and its payment mechanism.
Responsible for following up on financial proceedings, and ensuring tasks are completed on schedule.
Process transactions for issuing LCs, amendment, cancellation, lodgment of claims, and payments within the limit as per the credit policy.
Follow-up with procurement & finance team to execute bank transfers to meet supplier?s payment in a timely manner as per our agreements.
Maintain accounts records for suppliers.
Process transactions relating to advising, amendment, and cancellation of import letters of credit in compliance with the banks policies and procedures.
Input transactions for advising, confirmation, amendment, and cancellation of import letters of credit on a timely basis.
Settle value of commercial invoices, and ensure full funding coverage with finance to meet suppliers commitments.
Maintain credit facility exposure reports
Prepare cash flow forecast and update on a daily basis.
úNegotiate export L/C documents / Cash against documents with different banks, interact with confirming, discounting, and negotiating bank and follow up for collection as per L/C terms and conditions.
Handle assignments of P.Os to banks
Prepare and submit reports to monitor the workflow and payments condition
