Banking & LC Officer

Location: Head Office

Requirements: Minimum Bachelor's Degree in supply chain, logistics or related field with 3 to 5 years of experience in imports and customs clearance with proficiency required in SAP (MM Module)

Responsibilities:

• Lead end-to-end import operations, including PFI validation, LC establishment and amendments, customs clearance, and final delivery at site.

• Prepare, review, and process Letters of Credit (LCs), Bank Guarantees, and shipping documentation in strict compliance with contractual, banking, and regulatory requirements.

• Ensure accurate HS Code classification and duty assessment, including effective utilization of SROs/CGOs, while proactively resolving customs valuation and compliance issues.

• Coordinate closely with banks, suppliers, clearing agents, freight forwarders, procurement, treasury, logistics, and plant teams to ensure timely and cost-efficient execution of imports.

• Drive timely retirement of shipping documents with banks to avoid clearance delays, demurrage, detention, and financial exposure.

• Manage customs clearance and logistics execution, including transport arrangements, warehouse coordination, and prioritization of critical or urgent materials.

• Ensure marine insurance coverage for all imports and manage insurance claims for damaged or short-shipped cargo.

• Monitor and control import-related costs, ensure timely GRN posting and Foreign GR/IR closure, and support financial reconciliation with Finance.