Job Description

Title: Assistant Manager, Treasury-Commercial (RMG Sector Only)

Company Name: NOiZE Jeans Ltd.

Vacancy: 2

Age: at most 40 years

Location: Dhaka

Experience:
∎ At least 10 years
∎ The applicants should have experience in the following business area(s):Manufacturing (FMCG), Garments, Buying House

Published: 30 Jan 2025

Education:
∎ Bachelor’s degree in business studies will be preferred.
∎ Bachelors’ degree in any other discipline having required are also encouraged to apply.
∎ Bachelor’s degree in business studies will be preferred.
∎ Bachelors’ degree in any other discipline having required are also encouraged to apply.

Requirements:

Additional Requirements:
∎ Age at most 40 years
∎ Minimum 10-years’ in-depth experience in Treasury-Commercial Department
∎ CDCS will be preferred subject to having proper experience as mentioned.
∎ Good Communication skills.
∎ Up-to-date with the latest banking rules & sro from central banks.
∎ Should have sound personality to lead the team as well as a good team member.
∎ Should have ability to accomplish the assigned work individually with creativity.
∎ Minimum 10-years’ in-depth experience in Treasury-Commercial Department
∎ CDCS will be preferred subject to having proper experience as mentioned.
∎ Good Communication skills.
∎ Up-to-date with the latest banking rules & sro from central banks.
∎ Should have sound personality to lead the team as well as a good team member.
∎ Should have ability to accomplish the assigned work individually with creativity.

Responsibilities & Context:
∎ Manage trade finance instruments such as letters of credit (LCs), bank guarantees, standby LCs, and documentary collections.
∎ Coordinate with banks, financial institutions, and internal stakeholders to facilitate trade transactions.
∎ Ensure efficient processing of trade finance documentation in compliance with international banking regulations (e.g., UCP 600, ISBP, URDG).
∎ Optimize trade finance structures to improve cash flow and reduce transaction costs.
∎ Monitor and manage the company’s working capital requirements related to trade activities.
∎ Ensure adequate liquidity for trade transactions by working with treasury and banking partners.
∎ Optimize cash conversion cycles by implementing efficient payment and collection strategies.
∎ Identify and mitigate financial risks related to foreign exchange fluctuations, counterparty defaults, and regulatory compliance.
∎ Ensure adherence to international trade regulations, sanctions, AML (Anti-Money Laundering), and KYC policies.
∎ Work with legal and compliance teams to structure trade finance deals within regulatory frameworks.
∎ Maintain strong relationships with banks, trade finance institutions, and credit insurers to negotiate favorable terms and pricing.
∎ Arrange and manage credit facilities, including trade loans, overdrafts, and early financing programs.
∎ Negotiate fees, interest rates, and financing structures to optimize costs.
∎ Keeping proper records of all export imports & trade transactions.
∎ Prepare trade finance reports, cash flow forecasts, and financial risk analyses for Top management.
∎ Track key trade finance metrics, including cost of financing, trade cycle efficiency, and debt exposure.
∎ Support audits and regulatory reporting requirements related to trade finance activities.
∎ Ensure that all import and export shipments comply with customs regulations, tariffs, and trade laws.
∎ Prepare and verify customs documentation, including bills of entry, shipping invoices, certificates of origin, and duty drawback claims.
∎ Coordinate with customs authorities, brokers, and freight forwarders to facilitate clearance procedures.
∎ Stay updated on changes in customs regulations, duty structures, and trade agreements.
∎ Oversee bonded warehouse operations, ensuring compliance with customs requirements for stored goods.
∎ Monitor duty-free and duty-paid inventory, ensuring proper documentation and reporting.
∎ Process bond applications, renewals, and cancellations as per customs regulations.
∎ Ensure that bonded goods are released in accordance with customs approvals and duty payment schedules.
∎ Work closely with customs officials, port authorities, and trade compliance agencies to ensure seamless clearance.
∎ Obtain necessary approvals and licenses for restricted or regulated goods.
∎ Handle customs inspections, queries, and post-clearance audits efficiently.
∎ Maintaining proper relationship with EPB, BGMEA, Central Bank.
∎ Here is a chance for you to join one of the fastest growing sustainable denim manufacturing companies in Bangladesh. For our business expansion, we are looking for the best minds, self-motivated highly experienced professionals to join our Treasury-Commercial Department.
∎ Responsibilities:
∎ Trade Finance Operations
∎ Manage trade finance instruments such as letters of credit (LCs), bank guarantees, standby LCs, and documentary collections.
∎ Coordinate with banks, financial institutions, and internal stakeholders to facilitate trade transactions.
∎ Ensure efficient processing of trade finance documentation in compliance with international banking regulations (e.g., UCP 600, ISBP, URDG).
∎ Optimize trade finance structures to improve cash flow and reduce transaction costs.
∎ Cash & Liquidity Management
∎ Monitor and manage the company’s working capital requirements related to trade activities.
∎ Ensure adequate liquidity for trade transactions by working with treasury and banking partners.
∎ Optimize cash conversion cycles by implementing efficient payment and collection strategies.
∎ Risk Management & Compliance
∎ Identify and mitigate financial risks related to foreign exchange fluctuations, counterparty defaults, and regulatory compliance.
∎ Ensure adherence to international trade regulations, sanctions, AML (Anti-Money Laundering), and KYC policies.
∎ Work with legal and compliance teams to structure trade finance deals within regulatory frameworks.
∎ Banking & Financial Relationships
∎ Maintain strong relationships with banks, trade finance institutions, and credit insurers to negotiate favorable terms and pricing.
∎ Arrange and manage credit facilities, including trade loans, overdrafts, and early financing programs.
∎ Negotiate fees, interest rates, and financing structures to optimize costs.
∎ Record keeping, Financial Reporting & Analysis
∎ Keeping proper records of all export imports & trade transactions.
∎ Prepare trade finance reports, cash flow forecasts, and financial risk analyses for Top management.
∎ Track key trade finance metrics, including cost of financing, trade cycle efficiency, and debt exposure.
∎ Support audits and regulatory reporting requirements related to trade finance activities.
∎ Customs Clearance & Compliance
∎ Ensure that all import and export shipments comply with customs regulations, tariffs, and trade laws.
∎ Prepare and verify customs documentation, including bills of entry, shipping invoices, certificates of origin, and duty drawback claims.
∎ Coordinate with customs authorities, brokers, and freight forwarders to facilitate clearance procedures.
∎ Stay updated on changes in customs regulations, duty structures, and trade agreements.
∎ Bonded Warehouse & Duty Management
∎ Oversee bonded warehouse operations, ensuring compliance with customs requirements for stored goods.
∎ Monitor duty-free and duty-paid inventory, ensuring proper documentation and reporting.
∎ Process bond applications, renewals, and cancellations as per customs regulations.
∎ Ensure that bonded goods are released in accordance with customs approvals and duty payment schedules.
∎ Coordination with Government & Regulatory Bodies
∎ Work closely with customs officials, port authorities, and trade compliance agencies to ensure seamless clearance.
∎ Obtain necessary approvals and licenses for restricted or regulated goods.
∎ Handle customs inspections, queries, and post-clearance audits efficiently.
∎ Maintaining proper relationship with EPB, BGMEA, Central Bank.

Compensation & Other Benefits:
∎ Lucrative for the highly deserving candidates.
∎ As per Company rules.
∎ Lucrative for the highly deserving candidates.
∎ As per Company rules.

Employment Status: Full Time

Job Location: Dhaka

Read Before Apply:

If you hold above mentioned experience for minimum 10 years, then please mail your updated CV along with cover letter to below mail id by 20th February 2025.

jobs@noizejeans.com

Mail subject should mention - "Treasury-Commercial"

Application without having above experience will be considered as auto rejection & will not be further cooperated. We will call for immediate interview, hence requested to apply soonest.