Job Expired
Kerchanshe Trading PLC
Finance
Accounting
Addis Ababa
1 years
1 Position
2024-10-28
to
2024-11-02
Accounting
Banking and Finance
Full Time
Share
Job Description
Kerchanshe Trading P.L.C is the largest producer and exporter of coffee in Ethiopia, It has a proud history of providing quality coffees to the local and international markets. Currently our company needs a dedicated and motivated candidate.
Job Purpose :-
To support the company secure loan from different financial institutions by creating and maintaining long term relationships.
Forward new loan applications or additions; ensures that request is consistent with company’s business nature and cash flow, and that supporting documents for bank financing are completed and delivered to the respective bank on time;
Follow up the daily progress of all loans and advance requests
Maintaining up to date business plans, copies of: Audited financial statements, interim Financial statements, renewed investment/ trade licenses, tax clearances of all our companies
Review and Check correctness of all loan and mortgage contracts, guarantee instruments before they are signed by company signatory.
Corresponds with banks and insurances and make sure that collaterals are covered with insurance policies, follow-up for its timely renewal and approved loans are disbursed;
Insure all Overdraft accounts are timely renewed
Arrange and ensures the proper registration of all securities offered as collateral to banks by using property registration book and making sure that proper handing and taking over is in place ;
File all correspondences with banks and insurances;
Maintaining coffee stock record and availing the report to bank’s when required
Evaluates financial costs (interest expenses and charges), make comparison between financing banks, compiles and submits to supervisor with recommendation with risk involved if any;
Ensures that all loans handled are healthy, initiate corrective measure before loans are sick and getting in to NPL together with proposed recommendation
Ensure that all project loan requests are properly handled both in our side and in the banks side and submits report to supervisor
Prepares periodic comprehensive loan status reports.
Performs other related duties as required.
Qualification
Education: BA in accounting/ Banking & finance/ Management/economics/related field of study.
Experience
Experience: 1 year of relevant experience in loan and banking business special exposure in credit and/or trade finance position.
skill
Strong knowledge of loan management, banking, and accounting
Excellent verbal and written communication skills
Excellent Reporting and Analytical skills
Computer literacy, proficient in Microsoft Word, Excel
Time management skills
Applicants who fulfill the above-mentioned criteria could submit detailed curriculum vitae along with supporting documents/credentials accompanied by cover letter addressing hr@kerchanshe.com with the subject Loan and Bank Advance Officer please mention the date on the subject line within seven working days from October 26, 2024 up to November 01, 2024.
‘’only shortlisted candidates will be contacted’’
Fields Of Study
Accounting
Banking and Finance
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