Finance Manager - Singapore - ITCAN Pte Ltd

ITCAN Pte Ltd

Verified Company

Singapore

3 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Managing Trade Finance activities including L/C advising, confirmation, bill discounting, L/C issuance, bank guarantee, Documents Collection, Remittances of Inward/Outward and internal transfers, etc.

Track and Perform Risk analysis of the daily trading position, P&L report, MTM and ensure internal control processes to ensure timely and correct P&L and risk reporting.
Responsible for Onboarding and KYC clearances of counterparties and monitoring credit exposures to the same.
Investigate on any errors/ discrepancies with transactions including settlements with banks
Maintaining bank positions indicating the line utilization & availability. Planning on the optimal utilization of credit lines from banks and cash flow management.
Cash flow monitoring, supporting the preparation of AOP for the business unit, review of costing and preparation of necessary documentation for internal approvals.
Tracking trade AR/AP and monitoring cash inflows and outflows to ensure timely receipt and payments of trade invoices.
Detailed presentations of daily, weekly & monthly reports for the team. Providing support to accounts teams to supply data.
Any other ad hoc responsibilities as assigned.