Job Description:
As an Accounts Receivable Analyst, you will play a vital role in managing the financial transactions related to Letters of Credit. Your responsibilities will include monitoring the Letters of Credit issued to the company, ensure timely and accurate LC processing turnaround, and minimize any potential discrepancies. Here are the key duties and qualifications for this position:
Responsibilities:
Review Letters of Credit (LC) Drafts:
- Provide support in reviewing LC drafts and officially issued Letters of Credit.
- Offer feedback and advice to internal and external partners regarding the contents of LC drafts
Letters of Credit Checklist:
- Prepare Letters of Credit checklists and submit them for approval.
- Post approved checklists to the internal site.
Amendments and Communication:
- Process all Letters of Credit amendments received.
- Disseminate information about amendments to various internal teams and third-party partner.
Logistics Coordination:
- Follow up with Logistics teams to ensure presentation documents required for Letters of Credit presentation are in order.
Timely Responses:
- Respond promptly to inquiries from internal teams regarding the status of orders associated with Letters of Credit.
- Address internal and external inquiries about the status of Letters of Credit.
Escalation and Collaboration:
- Escalate non-routine questions to your manager.
- Collaborate with peers, colleagues, and managers to resolve issues and achieve goals.
Compliance and Knowledge Development:
- Develop a deep understanding of the function, internal policies, procedures, and compliance requirements related to accounts receivable.
- Ensure compliance with all internal and external audit requirements.
Requirements:
- Bachelor’s degree (or equivalent related work experience) with a focus on finance, accounting, or a related discipline.
- Minimum of 2 years of experience in Trade Services or equivalent work experience in a related field.
