ATS - Applicants Tracking System

Simply Intuite.

Trade Finance Officer

FullTime Kenya, Nairobi Posted 2 months ago

Industry: Energy

Role: Finance

Closing: 31/10/2022

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.