Job Description

Job Title: Section Manager - Trade and Finance
Department: Finance and Accounts
Function: Trade Finance
Legal Entity: NMEF
Location: NMEF - Dubai
Mission & Main Objectives
LC Management
AR Mangement
Monthly shipment plan
Actual WS
Stock In transit and arrivals data check
After Sales Credit control (LC and TTR)
The processes associated with LC, Shipping documents, Whole Sale, Fund flow, Parts documents operation,
Tasks
Negotiation of shipping documents to enable NSC to clear the goods on time without paying any additional charges.
Payment follow-up and collection (reduction of AR)
Discounting (RF and Open) to improve cash flow
Shipment plan to NSC
Whole sale forecast
Actual WS reporting
After Sales LC and credit control operation
Parts credit control to reduce the risk of amount recovery from NSC's
Responsibilities
Follow-up of L/C's from NSC and Bank.
Scrutinizing, preparation & follow up of LC summaries and amendments
Preparation and Negotiation of documents and Follow-up for receivable (LC and Collection)
Communication, Negotiation and follow-up with banks for LC, bank charges, documents related issued
AR collection and Discounting of Bills including open discounting
Arranging insurance for vehicles and parts.
Shipment schedule coordination with MPS and Shipping companies
Shipment co-ordination with NSC's
Arranging legalization of documents with different consulates
Calculation of Legalization expenses and handling petty cash
Preparation of documents for Stock Sales and NBD sales
Spare parts Credit Control (Revolving LC's), Advance updates, Invoicing and Negotiation.
Processing of Error Free SA Data & Confirmation of Invoice to SAP
WS reporting (Forecast Vs Actual)
Communicate shipment and related details / issues with NSC's
NSC support for stock documents till the clearance of goods.
Communicate with MPS and NSC about shipment and respective shipment advise data.
Monthly monitoring and follow-up of LC and Collection documents for reducing AR.
Background & Experience (years)
2~3 Years of experience in LC & Export documentation.
knowledge of UCP 600 & INCO terms in
Bank Negotiation and rates
Letter of Credit
Skill for negotiation of documents
Accounting & systems knowledge
Banking knowledge
IT skills (SAP, Brio, norris, prism)
Excel and Power point
Payment procedures & terms
Product awareness
SASO procedures
Team Leading knowledge
Visa / legalization requirements
Minimum Education
Graduation
Language Requirements
English
Dubai United Arab Emirates