REPORTING TO: Head of Finance/ Senior Trade Finance Officer

LOCATION: Nairobi

Our client who is an Oil Marketing Company licensed to undertake the businesses of Importation, Wholesale & Exportation of Petroleum Products is looking to fill the position of Trade Finance Officer.

JOB PURPOSE

The Trade Finance Officer is responsible for Stakeholder Management at the following levels:

Internal: 

• Front Office
• Middle Office
• Legal/ Contracts
• Finance Department

External: 

• Banks
• Financial Institutions
• Suppliers/ Agents
• Clients/ Customers
• Auditors

The Trade Finance Officer will be expected to work at the KPL Office in Nairobi where domestic and international business travel may be required.

DUTIES AND RESPONSIBILITIES

Functional:

• Handling of Letters of Credit or Bank guarantees for Sales/Purchases including drafting Letters of Credit wordings and ensuring security received is cashable.
• Preparation and dispatch of Invoice and shipping documents for presentation under Letters of Credit in a timely manner.
• Analyzing the Letters of Credit cost for each trade before placing a deal.
• Tracking all the Letters of Credit-related matters.
• Recording all the collateral in Aspect.
• Recording all the Letters of Credit-related costs in Aspect.
• Daily monitoring Trade Finance Report.
• Reporting and follow-up unpaid/un-invoiced trades.
• Daily Preparation of cash flow for physical trading.

QUALIFICATION, EXPERIENCE, AND SKILLS

Minimum Qualifications:

• Bachelor’s Degree in Finance, Accounting, or a similar course.
• Master’s Degree.

Experience:

• Minimum 5 years of work experience in an Oil & Gas commodity trading company.  

Behavioral Traits:

• Attention and Enjoyment to/in detail.
• Quick adaptation to new concepts.
• Clear, precise, and concise business communication (written & oral)
• Leadership experience in change management.
• Innovative problem-solving abilities.
• Decision-making and strategic Mindset.
• Managing internal and external stakeholders.
• Resourceful, strong time management and planning.
• Drives Results.

All applicants are advised to adhere to application guidelines for consideration. Only shortlisted candidates will be contacted.

NB: Flexi Personnel does not charge candidates for job placement.