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
Skills 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
Preferred Qualifications:
- Banking background will be a plus.
Arabic and French added advantage
Job Details Job Location Dubai, United Arab Emirates
Company Industry
Employment Placement Agencies/Recruiting
Company Type
Employer (Private Sector)
Job Role Finance and Investment
Employment Type
Full Time Employee
Monthly Salary Range
Unspecified
Number of Vacancies
Unspecified
Job Ref.
JB3829629
Preferred Candidate
Career Level
Mid Career
This job is posted in the following Specialties:
People who applied to this job also applied to
Confidential Company Dubai, UAE
MorgenAll Dubai, UAE
Manpower Middle East Dubai, UAE
Manpower Middle East Dubai, UAE
Manpower Middle East Dubai, UAE
Manpower Middle East Dubai, UAE
Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.
Job Title Letter of Credit - Coordinator
Company Name
People who applied to this job also applied to
Confidential Company Dubai, UAE
MorgenAll Dubai, UAE
Manpower Middle East Dubai, UAE
Upgrade to Premium
Promote your job application to the top.
Email me jobs like this
Subscribe
You can cancel job alerts at any time.
By clicking "Subscribe", you accept our .
Download Bayt.com
mobile app for FREE
- Letter of Credit - Coordinator
Find Jobs
About Bayt.com
Bayt.com is the leading job site in the Middle East and North Africa, connecting job seekers with employers looking to hire. Every day, thousands of new job vacancies are listed on the award-winning platform from the region's top employers.
