Commercial and Banking Manager

Job Description

Title: Commercial and Banking Manager

Company Name: Lipy Paper Mill

Vacancy: 1

Age: 33 to 48 years

Job Location: Dhaka (Naya Paltan)

Salary: Negotiable

Experience:

• 7 to 14 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Paper, Cement, Steel

• Bachelor of Commerce (BCom)
• Bachelor of Business Administration (BBA)

• 7 to 14 years
• The applicants should have experience in the following business area(s): Manufacturing (FMCG), Paper, Cement, Steel

• Age 33 to 48 years
• Only Male

Job Context

Lipy Paper Mills Ltd. is one of Bangladesh's growing paper manufacturing companies, producing high-quality paper products for domestic and international markets. We are looking for a dynamic, experienced, and highly organized Commercial & Banking Manager to oversee all commercial operations, international trade documentation, banking relationships, import-export activities, foreign exchange transactions, and regulatory compliance.

The successful candidate will play a key role in ensuring smooth commercial operations by coordinating with banks, suppliers, shipping lines, customs authorities, freight forwarders, insurance companies, and government agencies while optimizing working capital and minimizing commercial risks.

Job Responsibilities

• Manage the company's entire commercial operations including import, export, shipping, logistics, and banking activities.

• Handle opening, amendment, negotiation, and settlement of Letters of Credit (L/Cs), Back-to-Back L/Cs, UPAS L/Cs, Sight and Usance L/Cs.

• Coordinate import of raw materials, chemicals, machinery, spare parts, and other industrial supplies.

• Manage export documentation and ensure timely realization of export proceeds.

• Prepare and verify commercial documents including:

  • Commercial Invoice

  • Packing List

  • Bill of Lading

  • Certificate of Origin

  • Insurance Certificate

  • Inspection Certificate

  • Bill of Exchange

  • Shipping Instructions

  • Customs documentation

• Liaise with commercial banks regarding trade finance, foreign exchange transactions, bank guarantees, trust receipts, PAD, LIM, LTR, EDF loans, and working capital facilities.

• Maintain strong relationships with local and international banks to negotiate competitive financing terms and banking services.

• Monitor foreign currency exposure and coordinate foreign exchange settlements in compliance with Bangladesh Bank regulations.

• Ensure timely retirement of import documents and settlement of supplier payments.

• Coordinate customs clearance activities with C&F agents and ensure compliance with National Board of Revenue (NBR), Bangladesh Customs, and relevant government authorities.

• Monitor shipping schedules and coordinate with freight forwarders, shipping lines, suppliers, and transport providers to ensure timely delivery.

• Oversee freight cost optimization and logistics planning.

• Manage marine insurance, cargo claims, and shipment-related risk mitigation.

• Ensure compliance with Bangladesh Bank, Customs Bond Commissionerate, EPB, VAT, Income Tax, and other regulatory authorities.

• Prepare commercial reports, shipment status reports, import-export cost analysis, and banking reports for senior management.

• Monitor and reconcile commercial expenses including freight, insurance, customs duties, VAT, and port charges.

• Assist management in negotiating contracts with suppliers, logistics providers, and financial institutions.

• Coordinate annual renewal of banking facilities and prepare documents required for credit line enhancement.

• Maintain all commercial records and banking documents in an organized and audit-ready manner.

• Support internal and external auditors regarding commercial and banking documentation.

• Identify opportunities to improve commercial processes, reduce operational costs, and enhance supply chain efficiency.

• Lead and supervise the Commercial Department and ensure timely completion of all commercial activities.

• Work closely with Procurement, Finance & Accounts, Production, Sales, and Supply Chain departments to ensure uninterrupted business operations.

• Credit card,Mobile bill
• Lunch Facilities: Partially Subsidize
• Festival Bonus: 2