Job Requirements:

• At least 3 years of experience in a similar position
• Manage the company's bank accounts, ensuring that they are consistent with the company's financial needs
• Follow up on available credit facilities, such as loans, lines of credit, letters of guarantee, and documentary credits
• Ensure that the facilities are consistent with the company's needs and update them when necessary
• Maintain strong relationships with banks and financial institutions, and negotiate the best financing terms, such as interest rates and repayment periods
• Address any inquiries or issues related to bank facilities and ensure smooth operations
• Negotiate the terms of loans and other facilities to ensure the best interest rates and lowest costs
• Review bank contracts and ensure that the company's needs are met according to the agreed terms
• Develop loan repayment plans and bank obligations in line with the company's cash flows.
• Ensure the company's commitment to payment dates to avoid any fines or negative impact on banking relations
• Ensure that all bank facilities are recorded and classified correctly in the accounting system
• Comply with accounting standards regulations (such as IFRS) to ensure the accuracy of financial reports
• Prepare regular financial reports on the status of credit facilities, loan balances and payment due dates
• Provide summaries of financing costs and expenses associated with the facilities to the company's management
• Assess the risks associated with bank facilities, such as interest rate fluctuations and economic changes
• Suggest strategies to reduce the financial risks associated with bank facilities
• Coordinate with the financial planning department to determine future financing needs based on cash flow forecasts
• Review bank fees and interest costs, and ensure that there are no unnecessary fees or errors in the accounts
• Provide various reports and analyses on bank facilities