Executive Director Commercial - Bank

Job Description

Title: Executive Director Commercial - Bank

Company Name: NASSA GROUP

Vacancy: 01

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Master of Business Administration (MBA), Master’s degree in any discipline

Experience Requirements:
∎ At least 20 year(s)
∎ The applicants should have experience in the following area(s): Commercial, Export/ Import through L/C, Freight Forwarding/ C&F
∎ The applicants should have experience in the following business area(s): Garments, Textile

Job Responsibilities:
∎ All works related with Export LC, Purchase /Sales Contracts, Import LCs and BTB LCs.
∎ All works related with acceptance and payments BTB LCs and Import LCs.
∎ Follow up of Export proceeds, monitoring all relevant bank account and taking necessary measures whenever required.
∎ Monitoring all financial limits (LC/ OD/ Term Loan, etc.) with banks and taking measures for renewal of all limits in time with bank.
∎ Review, Analysis and feedback on the customer issued LC specially terms and conditions stated in LC.
∎ Works with cross-functional teams and other areas of the business to transfer the LC/amendment to factories through online banking portal.
∎ Arranging immediate reply of trade observations from respective desk of bank against each and
∎ every LC.
∎ Follow up with Logistic unit & ensure on time presentation of shipping documents for negotiation.
∎ Follow up for acceptance, payment advice with bank as well as buyer.
∎ Prepare various report as on weekly and monthly basis as per top management requirement.
∎ Renewal of all relevant licenses – Trade License, IRC & ERC, BGMEA membership, EPB permission, Fire License, BOI permission, Group & other insurance, Factory License and Bonded ware House license, etc.
∎ Ensuring timely issuance of Utilization Declaration, CO GSP, BL, if required) and renewal of Customs pass book from concerned authority.
∎ Making liaison with Buyer/ Buyer’s local office, C&F agent, transport companies, freight Forwarder, Insurance company, Local & foreign suppliers, and Customs, etc.
∎ Guide and supervise the activities related with the local and foreign export, import, banking and insurance, UD & EPB, documentation and other related activities.
∎ Communicate with merchandising department in regards to import of bond materials and export of finished products to the respective buyers.
∎ Ensure validation/renewal of bonded warehouse license from Tax Commissioner's Office including indemnity and undertaking, etc.
∎ Ensure preparation of Bill of Entry for forwarding relevant documents to C&F agents for customs clearance.
∎ Supervise for ensuring the formalities and requirements are required by the Banks for opening L/Cs.
∎ Follow-up the receiving notifications from Banks about the document received against shipment; confirm the payment and get the document released from the Bank for clearing goods.
∎ Arrange for tasks related to ERC and IRC and obtain No Objection from previous Banks.
∎ Supervise the all forwarding copies of importation documents to Merchandising, Finance & Accounts and respective all units/departments.
∎ Supervise and follow-up the all handing over documents to operations for transportation of goods and materials to and from ports.
∎ Follow up and maintain commercial reports related to Import and Export activities and inform management as required.
∎ Ensuring timely shipments as per buyer’s instruction.
∎ Submission of relevant reports to Top Management.
∎ Any other assignments as may be required from time to time in future.

Additional Requirements:
∎ Age at least 40 years
∎ Only males are allowed to apply

Salary: Negotiable

Compensation & Other Benefits:
∎ As per company policy

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 23 Oct 2021

Company Information:
∎ 23 Sep 2021
∎ NASSA GROUP
∎ Address : 238, Tejgaon Industrial Area, Gulshan Link Road, Dhaka-1208
∎ Web : www.nassagroup.org
∎ Business : EXPORTER

Category: Commercial/Supply Chain