We are seeking a dedicated Finance Officer to joinour team, focusing on risk management, insurance coordination, and trade finance activities. The ideal candidate will have experience working in a large organization, managing general insurance policies, handling trade finance requirements, and maintaining effective relationships with banks and insurance vendors.
Key Responsibilities :
- Manage and maintain all General Insurance policies, including Property All Risk, Marine, Motor Fleet, and others.
- Liaise with insurance companies to ensure compliance with Trade and General Insurance requirements.
- Coordinate with the Projects team on erection insurance and integrate completed projects into general insurance coverage.
- Negotiate with insurance brokers to renew all insurance policies before expiry, securing the best possible terms and rates.
- Initiate and manage insurance claims in coordination with relevant departments until settlement.
- Assess risk activities and recommend or arrange appropriate new insurance policies.
- Handle the opening of import LCs as required and ensure timely release of import documents from banks, handing them over to the Supply Chain team.
- Maintain strong relationships with banks and financial institutions, providing necessary documentation and updated KYC details.
- Manage official correspondence with banks and other entities via calls and emails concerning both organizational and staff matters.
- Provide essential information to internal and external auditors to ensure smooth audit processes.
- Prepare Bank Reconciliation Statements and support financial reporting requirements.