A leading group holding company in Dammam Industrial No: One (1) is looking to hire a Treasury Officer with excellent organizational and analytical skills. Candidate will be expected to be detailed oriented, knowledgeable and have past experienced in bank transactions and communication, have strong problem-solving skills, work comfortably under pressure, and deliver work on tight deadlines. The candidate must have vast experience working in a treasury section with minimal supervision.

Duties & Responsibilities:

• Export LCs: Controlling all operations related to export LC, i.e. receiving, reviewing, advising, amendments, submittals of documents, and closing. Bill of exchange operations, document reviewing as per L/C terms, status report preparation, and payment follow-up with the banks.

• Import LCs: Controlling all operations related to import LC, ie. LC application, checking, amendments, insurance, bill of exchange preparation, and document drawing. Keeping an updated track sheet of all imports, LC and make sure all LCs are renewed on time and valid, and do necessary amendments if needed. Follow up with the banks.

• Letter of guarantees: Controlling all operations related to bank guarantees ie. LG application, amendments, advising, and follow-up issuance of LG and/or cancellation.

• LC Refinancing Loan, loan letter preparation, and its settlement once banking facilities are workable.

• Knowledge of banking facilities application administration for onward management approval and bank submission.

⦁ All reports to trade (LCs, LGs and Loans).

Education: Diploma in Banking and Finance or its equivalent.

Experience:
⦁ 5 years’ experience in a treasury section is required, and banking experience is an added advantage.

Skills:
⦁ Good experience in ERP and SAP systems.

⦁ Good in MS Suite application.

Please send your resume/CV