Letter Of Credit Specialist - Cairo
10th of Ramadan City, CairoPosted 3 years ago20Applicants for2 open positions
- 6Viewed
- 0In Consideration
- 0Not Selected
Job Details
Experience Needed:
Career Level:
Education Level:
Salary:
Job Categories:
Skills And Tools:
Job Description
- Follow-up and receive Letter of Credit's from our banks in Saudi, UAE and Thailand
- Scrutinize the Letter of Credit's and ask for amendments, if any, directly from customers and/or Customer Service teams
- Compliance clauses to be clarified with the Compliance Team
- Update systems with Letter of Credit details and conditions
- Create ocean bill of lading instructions as per Letter of Credit for shipping companies
- Generate final invoices and packing list after receipt of ocean bill of lading
- Prepare invoice, packing list, beneficiary certificates, bill of exchange and bank cover letter as per Letter of Credit conditions
- Compile the documents as per Letter of Credit and arrange to submit to bank per regional requirements
- Trouble shoot discrepancies, if any, directly with bank
- Follow-up with bank and make sure the docs are dispatched to issuing bank after negotiation
- Scan copy of all documents for our records
- Send copy of documents to customer by mail
- Follow-up with bank and make sure the documents are dispatched to issuing bank after negotiation
- Thorough knowledge of UCP 600, ISBP and Incoterms 2010
Job Requirements
- Academic degree in business administrative majors
- Relevant experience in desired role
- Basic accounting proficiency
- Expert level in English and Arabic language is mandatory
- Ability to work on a team as well as be self-directed with independent decision-making capabilities
- Possess strong communication and negotiation skills to handle simple and/or complex situations
- Must be resourceful, results driven and able to multi-task and prioritize work with a sense of urgency
What Will Put You Ahead
- Experience in large multi-national organizations preferably in manufacturing or construction industry
- Accounts receivable knowledge/experience
- Proficiency with Microsoft Office products (Outlook, Excel, Word, Power Point, etc.)
- Familiarity with GetPAID collections software
