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Conares

Manufactures ERW pipes, rebars, color-coated coils

Trade Finance Senior Executive

Full-TimeUpdated on 10/23/2026
No salary listed
Senior
Bachelor's
Dubai - United Arab Emirates
In Person
Finance & BankingTreasury

About the job

Requirements
  • Proficiency in bank-related business systems and general technology such as the Microsoft Office package.
  • A degree in EXIM, CDCS, Business, Economics, Finance/Accounting, International Relations, or a similar field.
  • UAE experience is required.
  • Five years of related experience in Trade Finance Services.
Responsibilities
  • Monitor bank liabilities and ensure they are addressed by their respective due dates.
  • Provide department heads and management with inputs to clear liabilities and alert them to shortfalls.
  • Liaise with the Sales coordinating team to receive expected cash inflows through advances and planned deliveries.
  • Share liability and receivables reports and inputs with department heads to discuss cash flow management.
  • Inform the Sales team of export letter of credit requirements for each bank, allocate export letters of credit to the respective banks to meet credit conditions, and open import transactions.
  • Review letter of credit drafts and applications against Sales orders and inform the Sales team of required amendments.
  • Coordinate with the Sales team to plan shipments within the latest shipment date in the letter of credit and advise when an extension is needed if the latest date of shipment has expired.
  • Assist department heads with working capital facility renewals with banks and provide required documents and reports to banks.
  • Ensure export letter of credit proceeds from banks and cash-against-documents proceeds from customers are received on time by liaising with the bank and Sales team.
  • Liaise with Procurement regarding import requirements and arrange transactions with respective banks based on available limits.
  • Monitor open-account supplier payments and arrange cash, letter of credit, or trust receipt payments based on cash and bank limit positions.
  • Address bank queries about accounts and working capital facilities and arrange required documents for banks.
  • Assign export letters of credit and receivables to banks according to credit conditions and ensure limit positions align with bank records.
  • Share bank transactions and advice copies with relevant team members and inform them to make the necessary entries in SAP and daily report files.
  • Monitor team members' day-to-day activities, ensure processes are followed, and address queries or escalations.
  • Address trade finance queries from internal and external stakeholders.
  • Ensure team members' SAP and daily report entries are correctly updated and matched.
Desired Qualifications
  • Manufacturing industry experience is preferred.

About the company

Conares manufactures and exports a wide range of steel products in Dubai, including ERW pipes and tubes, rebars (and rebars in coils), wire rods, and color-coated coils, and it runs a Steel Service Center for custom cutting, slitting, and shaping. Its products are made with European and Japanese equipment, and over 85% of output is exported to 26 countries from the Jebel Ali Free Zone. The company differentiates itself by maintaining a large annual capacity (over 1.5 million tons), a diverse product lineup, an integrated manufacturing-and-service-center model, and a disciplined cash/LC financing approach, alongside a commitment to Net Zero by 2050. Its goal is to grow as a leading regional steel producer, expand export reach, and reduce its carbon footprint.

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