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Job Title:
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Trade & Export Finance
Treasury Officer
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Reference:
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PIR 200700188
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Job Location:
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Abu Dhabi Branch– UAE
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Job type/Contract:
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Long Term
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Starting date
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May 2023 (depending on
Visa/Approvals)
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Job summary/Role description
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Put in place and support the
management by the involved departments (Administration, Procurement) of the
financing tools associated to the projects working capital, more
specifically: issue and management of letters of credits, opening of reverse
factoring programs, activation and coordination of supply chain finance
projects, putting in place of factoring operations.
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Duties and responsibilities
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Negotiate (with the support
of the legal function) with Financial Institutions the legal documents
underlying the issuance and modifications of credit lines for bonding in
favor of MET Group and/or its Companies, and to manage such credit lines for
the issuance of bank guarantees (bid bond, advance bond, performance bond
etc.) and letters of credit. Support the negotiation of
hedging credit lines to cover FX, interest rates and commodity prices
fluctuation risks. Produce and collect any
requested documents for cooperating with the Financial Institutions in their
due diligence and “know-your-customer” process, aimed at opening and/or
maintaining the relationship with them. Study, evaluate and comment
the contractual clauses on financial aspects of new initiatives (cash-flow
analysis, payment terms, bank guarantees, financial structure), including
negotiation with Clients, partners and banks on these issues. Evaluate, and whether
necessary, negotiate with Clients and Banks the payment securities in favor
of the Company. Negotiate and manage the
issuance of the contractual bank/insurance guarantees before or soon after
the contracts award/effectiveness, in collaboration with the Guarantees
Function; Cooperate
and support the arrangement of financing packages (i.e. export credit
financial structures) on behalf of the Clients, in order to facilitate new
contracts award and coming into force. Support
the management of the projects involving the Export Credit Agencies during
the execution phase. Support
the Procurement Functions in their negotiations with strategic vendors on
financial issues and working capital tools, such us factoring, import letters
of credits, reverse factoring, supply chain finance. Support
the Financial Planning & Treasury Function and Administration Department
on accountability and cash flows issues relevant to working capital tools. Produce
and manage the accounting and managerial reporting related to the above
activities.
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Person Specification
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Knowledge & Qualifications
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Bachelor's degree in Finance,
Economics, Business Administration, International Business, or a related
field
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Experience
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Skills and Abilities
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Attention to detail,
management skills. Team-oriented
skills, self-motivation and direction, with strong bias toward
timely performance and problem resolution Strong understanding of
construction processes, building codes, and industry standards. Excellent communication,
interpersonal, and problem-solving skills.
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