Trade Finance Manager, Singapore recruitment
ABOUT BRIGHTOIL PETROLUM GROUP
Brightoil Petroleum Group is one of the largest private petrochemicals companies in China. We are a fast growing group specialized in petroleum products including storage and terminals, wholesale, oil and gas exploration, marine bunkering and international trading.
Brightoil Petroleum in Singapore is engaged in overseas business development, including international oil product trade, overseas oil exploration, business development and participation in international oil market operation. Due to our business expansion, we are seeking high calibre and dedicated professionals to join us in a dynamic and challenging environment as Settlement Manager.
RESPONSIBILITIES:
- To provide trade finance support to all offices under ISB Group;
- Coordinate with banks on Import LC issuance/ Export LC negotiation;
- Coordinate with trader and ops on Import LC issuance / Export LC negotiation;
- Ensure timely issuance and Import LC;
- Arrange for timely settlement of Import Bills;
- Ensure timely negotiation/ receipt of funds under Export Bills;
- Ensure accuracy and timely updating of bank facilities utilization report;
- Assist in discussion with banks on trade finance facilities;
- Assist in cash flow projection exercise;
- Participate in evaluating and implementing Treasury Management System;
- To manage reportees and provide relevant training;
QUALIFICATIONS AND / OR EXPERIENCE REQUIRED:
- Graduate in Accountancy, Finance or Business Administration;
- Minimum 8 year experience in Trade Finance and/or Banking;
- Good understanding of INCOTERM, UCP, ISBP, URR, URC, etc.;
- Knowledge and proficient in using MS Office. Experience in other software is a plus;
- Preferably some exposure in the Oil industry.
WE OFFER:
- Attractive remuneration package
- 5 days week (Mon-Fri, 9am-5.30pm)
- Convenient work location (10 minutes’ walk from Larbrador Park MRT)