Senior Officer (Finance Dept.)

Mitsui & Co. Global Logistics (Asia) Pte. Ltd.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Mitsui & Co. Global Logistics (Asia) Pte. Ltd.

in Singapore seeks a senior finance professional with a strong banking/trade finance background to manage cash flows, loan arrangements, FX, and LC operations. The role requires extensive knowledge of compliance and risk, and fluency in English and Japanese for cross-border communications. You will maintain relationships with financial institutions, prepare reports, and support CFO and regional offices across Japan, Singapore, and external partners.

Qualifications

• Good degree from a recognized University.
• At least 10 years of relevant working experience in banking or trade finance.
• High level awareness of compliance and internal control.
• Basic knowledge on risk analysis & management, hedging, economic evaluation, financial, credit and accounting knowledge of trading business (and international/energy trading business related experience preferable).
• Excellent English and Japanese language skills with the ability to logically comprehend a written document, and ability to write formal business correspondences for communication with clients (Japanese /International / local) and other Mitsui Group offices (i.e. Tokyo and other offices in the network).
• Good inter-personal skills for internal and external communication.
• Can-do attitude, with the willingness to learn and willingness to work hard to create value, due to international nature of the business.
• Excellent skills in MS Excel, Word, PowerPoint and other office digital tools.Willingness to learn new digital tools.

Responsibilities

• Manage cash flows, including the following.
• Loan and borrowing arrangements with designated financial institutions based on the evaluation of future income and expenditure expectation by the back office.
• Management of related bank charges, interest and any other related charges associated with loan and borrowing transactions.
• Arrangements for payments from/to various customers through the Bank EDI system and/or manual operations, including relevant reconciliation.
• FX deal transactions with related banks pursuant to instructions from the Front Office.
• Letter of Credit (L/C) related arrangements from L/C opening to settlement, including cancellation and/or amendment if necessary.
• Maintain fair relationship with financial institutions and gather updates of the financial market including sovereign risk.
• Maintain all documents and agreements related to the above finance activities.
• Record/update related databases associated with the above finance transactions
• Monitoring of margin account in trading houses
• Supporting Know Your Customer (KYC) reviews required from banks and trading houses
• Arrange FX deal transactions with related banks
• Support the CFO through close collaboration and communication with all Chief Officers, addressing management-level matters from a financial perspective.
• Provide financial support and guidance to business departments, while maintaining strong relationships to facilitate effective information sharing and collaboration.
• Build and maintain strong relationships with Headquarters in Japan, the Regional Head Office in Singapore, and external counterparties, including banks and other business partners.
• Prepare reports in both English and Japanese, including explanations of market conditions, analysis of calculation variances, and responses to inquiries from Headquarters and other Mitsui affiliates.

Skills

Financial analysis

Interpersonal communication

Risk awareness

Willingness to learn

Education

Bachelor’s degree

Tools

MS Excel

MS Word

PowerPoint

Job description

Job Descriptions

- Managing cash flows, including the following.

- Loan and borrowing arrangements with designated financial institutions based on the evaluation of future income and expenditure expectation by the back office.

- Management of related bank charges, interest and any other related charges associated with loan and borrowing transactions.

- Arrangements for payments from/to various customers through the Bank EDI system and/or manual operations, including relevant reconciliation.

- FX deal transactions with related banks pursuant to instructions from the Front Office.

- Letter of Credit (L/C) related arrangements from L/C opening to settlement, including cancellation and/or amendment if necessary.

• Any other related work regarding financial transactions, pursuant to the
  instructions of the Chief Financial Officer, General Manager and/or relevant superior.

• Maintain fair relationship with financial institutions and gather updates of the financial market including sovereign risk.

• Maintain all documents and agreements related to the above finance activities.
• Record/update related databases associated with the above finance transactions

- Monitoring of margin account in trading houses

- Supporting Know Your Customer (KYC) reviews required from banks and trading houses

- Arrange FX deal transactions with related banks

- Support the CFO through close collaboration and communication with all Chief Officers, addressing management-level matters from a financial perspective.

- Provide financial support and guidance to business departments, while maintaining strong relationships to facilitate effective information sharing and collaboration.

- Build and maintain strong relationships with Headquarters in Japan, the Regional Head Office in Singapore, and external counterparties, including banks and other business partners.

- Prepare reports in both English and Japanese, including explanations of market conditions, analysis of calculation variances, and responses to inquiries from Headquarters and other Mitsui affiliates.

Job Requirements

- Good degree from a recognized University;

- Possess at least 10 years of relevant working experience in banking or trade finance;

- High level awareness of compliance and internal control;

- Basic knowledge on risk analysis & management, hedging, economic evaluation, financial, credit and accounting knowledge of trading business (and international/energy trading business related experience preferable);

- Excellent English and Japanese language skills with the ability to logically comprehend a written document, and ability to write formal business correspondences for communication with clients (Japanese /International / local) and other Mitsui Group offices (i.e. Tokyo and other offices in the network);

- Good inter-personal skills for internal and external communication;

- Can-do attitude, with the willingness to learn and willingness to work hard to create value, due to international nature of the business;

- Excellent skills in MS Excel, Word, PowerPoint and other office digital tools.Willingness to learn new digital tools.