Finance Associate

Responsibilities:

Oversee credit management and ensure prompt collection of payments

Perform credit checks and maintain credit portfolios with periodic review and updates

Communicate with the bank regarding all finance related issues

Obtain long-term and short-term financing from the bank for payments collected through letter of credit

Monitor cash flow and ensure prompt receipt of financing from bank upon presentation of documents

Investigate new financial instruments such as transferable and back-to-back letter of credits

Verify issuing bank credit ratings and minimize financing costs

Negotiate with the bank regarding discounts, interest and commissions

Review letter of credit and prepare check lists for shipping documents in accordance with LC terms

Service as the key internal contact for finance related inquires

Contribute to the development of the company’s internal ERP system

Prepare all finance files requested by bank and finance organizations that work with company.

Maintain accurate information in the company's accounting and internal systems.

Assist the Finance team with month-end, year-end, audit, and other accounting support as required.

Perform other finance and administrative duties as assigned.

Requirements:

Diploma or degree in Accounting, Finance, Business Administration, or a related field preferred.

Minimum 2 years of accounting, finance, AP/AR, bookkeeping, or related office experience preferred.

Basic understanding of accounting principles and AP/AR processes.

Experience with QuickBooks or ERP is an asset.

Good working knowledge of Microsoft Excel and Microsoft Office.

Strong attention to detail and commitment to accuracy.

Good organizational and documentation skills.

Ability to follow established procedures and complete tasks within required timelines.

Strong communication and follow-up skills.

Ability to handle confidential financial and business information appropriately.

Job Types: Full-time, Permanent

Pay: $48,000.00-$50,000.00 per year

Benefits:

• Dental care
• Disability insurance
• Employee assistance program
• Extended health care
• Life insurance
• Mileage reimbursement
• Tuition reimbursement

Education:

• Bachelor's Degree (required)

Experience:

• Finance/Accounting: 2 years (required)
• Letter of Credit: 2 years (preferred)
• QuickBooks: 1 year (preferred)
• EPR: 1 year (preferred)