Letter of Credit & Financial Specialist - Jobs in Ottawa West, ON - 318485

Best Theratronics Ltd.
Job Summary
  • Skills N/A
  • Job Type
    Full Time
  • Salary
    N/A
  • Telecommuting
    N/A



Job Description

LETTER OF CREDIT AND FINANCIAL SPECIALISTKEY RESPONSIBILITIES: Reporting to the Senior Accountant, the Letter of Credit & Financial Specialist will be responsible for all matters relating to Letters of Credit, export financing, cash management, Bond Forward Contracts and FX exchange transactions.Responsibilities Include:

  • Responsible for leveraged payment terms, Export letters of credit and receivable/guarantee insurance*
  • Reviews all letters of credit with customer support & logistics. Works with customers & banks for amendments and final issuance. Makes all draws for payments against LCs and follows up with banks**
  • Develops, monitors and executes the Company processes with respect to letters of credit & bank guarantees**
  • Responsible for Bond Forward Contracts and FX Exchange transactions**
  • Manages all banking services, loan facilities and Foreign Exchange etc. for the Company**
  • Maintains incoming cash flow forecast daily**
  • Codes and applies cash receipts in QAD for two entities**
  • Maintains on-line bank services and communicates with Canadian banks**
  • Daily interaction with banks, customer support and finance**
  • Various year end duties for both BTL & BMC including allowance for difficult accounts, A/R reporting.*

*
SKILLS AND QUALIFICATIONS:

  • Must have experience reviewing/negotiating the terms of export letter of credit*
  • Minimum of 3 years direct experience in credit and financial management required**
  • Excellent English verbal/written communication skills essential**
  • Must be able to work independently and within a team environment**
  • Excellent organizational skills and ability to handle multiple priorities and meet strict deadlines*

Job Types: Full-time, PermanentExperience:

  • credit & financial management: 3 years (Required)
  • Negotiating terms of export letter of credit: 3 years (Required)

Language:

  • English (Required)

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