Manager - Commercial

Job Description

Title: Manager - Commercial

Company Name: Yuko Leather Goods Ltd.

Vacancy: 1

Age: 30 to 45 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• 7 to 10 years
• The applicants should have experience in the following business area(s): Leather goods/ Footwear/ Tannery, Garments

• Master of Commerce (MCom)
• Master of Business Administration (MBA)
• Executive Master of Business Administration (EMBA)
• Master of Professional Finance (MPF)

• 7 to 10 years
• The applicants should have experience in the following business area(s): Leather goods/ Footwear/ Tannery, Garments

• Age 30 to 45 years
• Only Male

Leather Goods

Leather Factory

A. Export Operations and Documentation

• Manage the complete export process, from receipt of export orders to final shipment, document negotiation, and realization of export proceeds.

• Prepare, verify, and coordinate all export-related documents, including commercial invoices, packing lists, EXP forms, shipping instructions, certificates of origin, and other applicable export documents.

• Coordinate with buyers, buying houses, nominated agents, freight forwarders, shipping lines, customs agents, and C&F agents to ensure timely shipment.

• Ensure accurate preparation and submission of export documents in accordance with buyer requirements, L/C terms, customs regulations, and applicable export policies.

• Monitor shipment schedules, vessel bookings, shipping deadlines, and delivery commitments.

• Coordinate with the production, merchandising, warehouse, and accounts departments to ensure goods are ready for shipment according to the agreed schedule.

• Follow up with banks for export document submission, negotiation, collection, and realization of export proceeds.

• Monitor outstanding export bills, overdue payments, discrepancies, and export-related bank queries.

• Ensure proper maintenance of export registers, shipment records, and supporting documents for audit and regulatory purposes.

• Handle export proceeds realization certificates and other applicable banking documentation.

B. Import Operations and Procurement Support

• Manage the complete import process for raw materials, accessories, machinery, spare parts, and other materials required for production.

• Coordinate with suppliers, indenters, buying houses, banks, C&F agents, freight forwarders, and shipping lines.

• Prepare and process import documentation in accordance with applicable import policies, customs regulations, and Bangladesh Bank guidelines.

• Monitor shipment schedules, arrival notices, delivery orders, customs clearance, and transportation of imported goods to the factory.

• Verify proforma invoices, purchase orders, commercial invoices, packing lists, bills of lading/airway bills, certificates of origin, and other relevant documents.

• Ensure timely clearance of imported goods to avoid demurrage, detention, port storage, and unnecessary financial costs.

• Maintain proper records of import consignments, customs assessments, duties and taxes where applicable, and associated commercial expenses.

• Coordinate with the procurement and production departments to ensure the timely availability of imported materials.

• Verify supplier documents and identify discrepancies before submission to banks or customs authorities.

• Monitor import-related payments, retirement of import documents, and settlement of bank liabilities.

C. Letter of Credit (L/C) and Banking Operations

• Handle the complete lifecycle of import and export L/Cs, including application, issuance, amendment, document presentation, retirement, and settlement.

• Prepare and review L/C applications, proforma invoices, sales contracts, purchase contracts, and other supporting documents.

• Liaise with authorized dealer (AD) banks regarding L/C issuance, amendments, document acceptance, discrepancies, payments, and settlements.

• Ensure that L/C terms and conditions are commercially practical and aligned with supplier commitments, buyer requirements, and shipment schedules.

• Review export L/Cs and amendments to identify documentary discrepancies, shipment deadlines, payment conditions, and potential commercial risks.

• Coordinate with banks to resolve discrepancies in export and import documents within applicable deadlines.

• Monitor back-to-back L/Cs, where applicable, and coordinate their opening, amendment, documentation, and retirement.

• Manage inland L/Cs and other trade finance facilities, where applicable.

• Monitor L/C expiry dates, shipment dates, presentation periods, and payment maturity dates.

• Maintain L/C registers and prepare regular reports on outstanding liabilities, import commitments, export receivables, and document status.

• Ensure compliance with applicable Bangladesh Bank circulars, foreign exchange regulations, and banking requirements.

D. Bonded Warehouse Management and Compliance

• Take overall responsibility for the commercial aspects of the company's bonded warehouse operations.

• Ensure that imported raw materials, accessories, and other eligible inputs are received, recorded, stored, issued, and accounted for in accordance with applicable bond regulations.

• Maintain accurate bond registers, stock records, input-output records, consumption statements, and other prescribed documentation.

• Monitor bonded material consumption against approved utilization norms, production records, and export shipments.

• Ensure that bonded materials are used only for authorized purposes and that stock movements are properly documented.

• Reconcile physical stock with bond registers, ERP records, import documents, production consumption, and export records.

• Monitor shortages, excess stock, wastage, scrap, damaged materials, and other variances and ensure appropriate documentation and regulatory action.

• Prepare and submit applicable bond returns, utilization declarations, and other statutory documents within prescribed deadlines.

• Coordinate with the relevant Customs Bond Commissionerate, Customs Bond Commissionerate offices, and other competent authorities as applicable.

• Handle bond-related audits, inspections, stock verification, compliance reviews, and queries from customs authorities.

• Ensure timely renewal, maintenance, and compliance of applicable bond licences, permissions, and other approvals.

• Monitor applicable customs and bond requirements concerning duty-free import entitlements, utilization, wastage, and disposal of bonded materials.

• Identify potential bond compliance risks and take corrective action in coordination with management.

E. Lien, UD/UP, Utilization and Related Documentation

• Manage commercial documentation relating to applicable Utilization Declarations (UD), Utilization Permissions (UP), and other authorization procedures required for export-oriented manufacturing.

• Coordinate with the relevant trade associations, customs authorities, banks, and other competent organizations for issuance, renewal, amendment, or submission of applicable documents.

• Maintain proper records of input consumption, bill of materials, export orders, and supporting documents required for utilization-related compliance.

• Monitor and coordinate lien-related documentation, where applicable, with banks and relevant authorities.

• Ensure that utilization and authorization documents are consistent with actual production requirements, export orders, and applicable regulatory conditions.

• Follow up on pending approvals and resolve documentation discrepancies promptly.

F. Customs Clearance and Regulatory Compliance

• Coordinate import and export customs clearance through appointed C&F agents and other authorized representatives.

• Verify customs declarations, HS codes, product descriptions, quantities, values, country of origin, and supporting documents.

• Ensure that import and export declarations are accurate and consistent with invoices, packing lists, L/Cs, and other relevant documents.

• Maintain professional working relationships with customs officials, port authorities, relevant government agencies, banks, and other stakeholders.

• Monitor changes in the Import Policy Order, Export Policy, Customs Act, applicable SROs, Bangladesh Bank foreign exchange regulations, and other relevant rules.

• Ensure compliance with applicable requirements of the National Board of Revenue (NBR), Customs, Bangladesh Bank, Office of the Chief Controller of Imports and Exports (CCI&E), and other competent authorities.

• Coordinate applications, renewals, registrations, permits, and certificates relevant to the company's commercial operations.

• Ensure all activities are conducted lawfully, transparently, and in accordance with company policies.

G. Commercial Cost Control and Financial Coordination

• Monitor commercial expenses related to imports, exports, banking charges, customs clearance, freight, insurance, port charges, demurrage, and detention.

• Identify opportunities to reduce avoidable commercial costs and improve operational efficiency.

• Review C&F bills, freight invoices, bank charges, and other commercial expense claims before forwarding them for approval and payment.

• Coordinate with the accounts and finance departments to ensure proper recording, reconciliation, and settlement of commercial transactions.

• Monitor outstanding import payments, export proceeds, supplier liabilities, and other trade-related financial commitments.

• Prepare commercial cost analyses and reports for management review.

• Ensure that commercial transactions are supported by appropriate documentation and authorization.

1. Reporting and Management Responsibilities

• Submit periodic commercial performance reports to management.

• Prepare monthly reports covering import and export shipments, L/C status, export proceeds realization, import liabilities, and bond stock reconciliation.

• Highlight delays, documentation discrepancies, regulatory changes, and potential financial or operational risks.

• Recommend improvements in commercial procedures, documentation control, compliance management, and cost efficiency.

• Support internal and external audits by providing complete, accurate, and timely commercial documentation.

• Perform other commercial and regulatory responsibilities assigned by management in line with the position.

2. Required Technical Knowledge

The candidate must have practical knowledge of:

• Import and export procedures in Bangladesh.

• Import and export L/Cs, back-to-back L/Cs, amendments, document negotiation, and retirement.

• Bonded warehouse regulations, bond registers, stock reconciliation, and utilization records.

• UD/UP and other applicable authorization and utilization procedures.

• Customs clearance, HS codes, customs valuation, and relevant documentation.

• EXP forms, export proceeds realization, and applicable foreign exchange documentation.

• Bangladesh Bank foreign exchange guidelines and relevant trade finance requirements.

• Customs, NBR, CCI&E, and other relevant regulatory procedures.

• International shipping, freight forwarding, Incoterms, and shipping documentation.

  3. Key Performance Indicators (KPIs)

Performance will be evaluated based on the following indicators:

1. Timely completion of import and export documentation.

2. On-time shipment performance and minimization of shipment delays attributable to commercial operations.

3. Accuracy of L/C documents and reduction of avoidable discrepancies.

4. Timely realization and follow-up of export proceeds.

5. Accuracy and timeliness of bonded warehouse stock reconciliation and statutory submissions.

6. Compliance with applicable customs, bond, banking, and foreign exchange regulations.

7. Reduction of avoidable demurrage, detention, port charges, and commercial expenses.

8. Timely retirement and settlement of import documents and trade finance liabilities.

9. Audit readiness and prompt resolution of audit observations.

10. Effective team management and timely reporting to management.

• Mobile bill,Insurance
• Salary Review: Yearly
• Festival Bonus: 2

As Per Company Policy