Danaher Corporation Accounts Executive, Trade Finance & Revenue Recognition in Woodlands, Singapore
As a global leader in mass spectrometry, SCIEX delivers solutions for precision detection and quantification of molecules to help protect and advance the wellness and safety of all. Because of our 50 years of groundbreaking innovation, our customers can quickly respond to environmental hazards, better understand biomarkers relevant to disease, improve patient care in the clinic, bring relevant drugs to market faster, and keep food healthier and safer. At SCIEX, you’ll find a rewarding role that amplifies your impact on the world and helps you realize life’s potential.
SCIEX is proud to work alongside a community of nine fellow Danaher Life Sciences companies. Together, we’re pioneering the future of science and medicine, developing products that enable researchers in the fight to save lives.
Purpose of this role:
This role will provide YOU the opportunity to lead key activities to progress YOUR career, these responsibilities include some of the following:
Provide business and finance support relating to documentary trade transactions including, but not limited to, review of Letter of Credit (LC) text, advise receipt of LC to Customer Service, Accounts Receivable and Logistics
LC documents preparation and ensuring documents comply with LC requirements and presentation of these documents to negotiating bank within presentation and LC validity period
Follow up with Negotiating Bank, Customers and Customer Service on payment of the LC
Follow up on customer acceptance for LC transactions
Tracking and monitoring of all open LC transactions
With supervision from the Senior Manager, manage the process of issuing bank guarantees including getting management approval according to Approval Authority Matrix, liaising with the Bank to issue the bank guarantee and tracking of open bank guarantees
Periodic reporting and reconciliation of LC and bank guarantee transactions
Quarterly statistical reporting to Corporate on bank guarantee
Preparation of revenue recognition (RR) checklist and collation of required documents for RR confirmation
Others/ Ad hoc
Continuous improvement projects relating to LC process and RR documentation
Provide support to Corporate driven projects as and when needed
Ensure compliance of operations within area of concern with all relevant EHS regulatory requirement and SCIEX safety policies, procedures and guidelines
Other duties / ad hoc tasks as assigned
We are looking for professionals with these required skills to achieve our goals:
Diploma with at least 3 years of Trade Service/Finance experiences in banks or other companies
Bachelor Degree with at least 1 year of Trade Service/Finance experiences in banks or other companies is preferred
Candidate with less than 3 years’ experience, but possess Bachelor/Diploma in Banking and Finance will be considered
Meticulous with working knowledge of Anti Money Laundering and other regulations in Trade Finance
If you have the following experiences, it would be a plus:
Knowledge in UCP600/ISBP/URC/URR/Incoterms preferred
Preferred (not mandatory) - product knowledge in the trade finance business including LC, Documentary Collection, Bank Guarantees and other financing products
When you join us, you’ll also be joining Danaher’s global organization, where 69,000 people wake up every day determined to help our customers win. As an associate, you’ll try new things, work hard, and advance your skills with guidance from dedicated leaders, all with the support of powerful Danaher Business System (https://www.danaher.com/how-we-work/danaher-business-system) tools and the stability of a tested organization.
Danaher is committed to a diverse and inclusive culture where everyone feels they belong and all voices are heard. We believe in our associates and the unique perspectives they bring to every challenge, which is why we’ll empower you to push the boundaries of what’s possible.
If you’ve ever wondered what’s within you, there’s no better time to find out.
When you join us, you’ll also be joining Danaher’s global organization, where 69,000 people wake up every day determined to help our customers win. As an associate, you’ll try new things, work hard, and advance your skills with guidance from dedicated leaders, all with the support of powerful Danaher Business System (https://www.danaher.com/how-we-work/danaher-business-system) tools and the stability of a tested organization.At Danaher, we value diversity and the existence of similarities and differences, both visible and not, found in our workforce, workplace and throughout the markets we serve. Our associates, customers and shareholders contribute unique and different perspectives as a result of these diverse attributes.If you’ve ever wondered what’s within you, there’s no better time to find out.