Our client is a prominent and reputable player in the manufacturing industry. There is now a need for the business to hire a driven and meticulous individual as their Senior Accounts Receivable Analyst to support their finance and accounting team.
Responsibilities:
- Provide support in reviewing LC (Letters of Credit) drafts and officially issued Letters of Credit and offer feedback and advice to internal and external partners regarding the contents of LC drafts.
- Prepare LC checklists and submit them for approval, post approved checklists to the internal site and process all LC amendments as and when received.
- Disseminate information about amendments to various internal teams and third-party partners.
- Follow up with Logistics teams to ensure presentation documents required for LC presentation are in order and respond promptly to inquiries from internal teams regarding the status of orders associated with LC.
- Address internal and external inquiries about the status of LC and escalate non-routine questions to your superior.
- Collaborate with internal stakeholders such as peers, colleagues, and managers to resolve issues and achieve goals.
- 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.
- Process bank guarantees and Standby Letters of Credit (SBLCs) requested by customers and submit these requests for approval.
- Prepare quarterly bank guarantee reports, track and prepare monthly bank guarantee bank fees for payment consideration.
Requirements:
- Minimum of 6 years of experience in Trade Services or demonstrated equivalent work experience in a related field.
- Bachelor’s degree (or equivalent related work experience) with a focus on finance, accounting, or a related discipline.