Website Cotton Web Limited
Cotton Web Limited has announced a career opportunity for the position of Executive – Import/Finance. The company is looking for candidates with experience in trade finance, import and export LC operations, banking transactions, foreign exchange management, and financial controls.
Applicants should have a BBA, MBA, or another relevant degree, along with at least 1–2 years of relevant experience in the textile apparel industry.
Interested candidates can apply by sending their updated CV to [email protected].
Job Overview
Company: Cotton Web Limited
Position: Executive – Import/Finance
Department: Import / Finance
Industry: Textile & Apparel
Education: BBA, MBA, or another relevant degree
Experience: Minimum 1–2 years of relevant experience in the textile apparel industry
Required Skills: Team management, communication, and risk assessment
Application Email: [email protected]
Application Deadline: Not mentioned in the advertisement
About the Executive – Import/Finance Role
The Executive – Import/Finance will support Cotton Web Limited’s international trade and finance activities.
The position involves managing Letters of Credit (LCs), import/export documentation, high-value bank transfers, bill discounting, export proceeds, treasury coordination, foreign exchange exposure, and regulatory reporting.
It is therefore particularly relevant for finance professionals who already have practical exposure to import/export transactions within a textile or apparel organization.
Key Responsibilities
The selected candidate will manage import and export LC operations, including issuance, amendments, and settlements.
Another important responsibility will be checking trade documents to ensure they comply with LC terms, UCP 600, and applicable regulatory requirements.
The Executive will also process RTGS and other high-value fund transfers while ensuring transactions are completed within the required timelines.
Other responsibilities include handling bill discounting and trade-finance transactions, monitoring export bill realization, preparing regulatory reporting, and maintaining appropriate financial records and controls.
LC Operations and UCP 600
A major part of this job revolves around Letters of Credit (LCs).
An LC is a commonly used international trade payment mechanism under which banks facilitate payment subject to specified documentary conditions.
Candidates should therefore understand processes such as LC issuance, amendments, document checking, discrepancies, and settlement.
The advertisement also specifically mentions UCP 600, the Uniform Customs and Practice for Documentary Credits. Candidates with practical knowledge of UCP 600 and documentary credit procedures should highlight this experience prominently on their CV.
RTGS and High-Value Fund Transfers
The Executive will be responsible for processing RTGS and other high-value payments within required timelines.
RTGS stands for Real-Time Gross Settlement and is used for settling high-value financial transactions.
Handling these payments requires accuracy, proper authorization, complete documentation, and coordination with banks and internal stakeholders.
Bill Discounting and Trade Finance
The position also involves bill discounting and trade-finance transactions.
Bill discounting can allow a business to obtain financing against eligible trade receivables or documents before the actual payment becomes due.
Candidates who have previously coordinated trade-finance facilities with banks should clearly describe this experience in their applications.
Export Bill Realization and Reporting
Cotton Web also requires the selected employee to monitor export bill realization.
This involves tracking payments due against exports and ensuring proceeds and related documentation are handled according to the required banking and regulatory procedures.
Experience with export documentation, realization tracking, banking processes, and regulatory reporting will therefore be directly relevant.
Treasury and Cash-Flow Coordination
The Executive – Import/Finance will coordinate with the company’s Treasury function regarding liquidity, foreign exchange funding, and cash flow.
This requires understanding when funds are required, which currencies are needed for international transactions, and how upcoming trade payments may affect the company’s liquidity position.
Good coordination between trade finance and treasury can help ensure funds are available when import payments or other obligations become due.
Foreign Exchange Risk
The selected candidate will also monitor trade-finance exposure and foreign exchange (FX) risk.
Companies involved in international trade may have receivables and payments denominated in foreign currencies. Changes in exchange rates can therefore affect the amount ultimately received or paid.
The ability to identify and communicate these financial exposures makes risk assessment particularly relevant to this position.
Coordination With Banks and Stakeholders
The position requires regular communication with customers, banks, and internal stakeholders.
Candidates should therefore be comfortable handling professional banking correspondence, following up on transactions, resolving documentation issues, and coordinating across departments.
This requirement also explains why Cotton Web has specifically identified strong communication skills as important for the vacancy.
Education Requirements
Applicants should hold one of the following:
- BBA
- MBA
- Another relevant degree
Candidates with an educational background related to finance, accounting, banking, business administration, or a closely related discipline may have particularly relevant academic preparation for the advertised responsibilities.
Experience Requirements
Cotton Web Limited requires at least 1–2 years of relevant experience in the textile apparel industry.
Applicants should clearly mention their textile/apparel industry experience on their CV, particularly if they have worked with import/export documentation, banks, trade finance, treasury, or commercial finance.
Skills Required
The company specifically mentions the following skills:
- Team management skills
- Strong communication skills
- Risk assessment ability
Candidates should also be able to demonstrate attention to detail, documentation accuracy, financial analysis, coordination abilities, and an understanding of banking and trade-finance processes based on the responsibilities listed in the advertisement.
What to Highlight on Your CV
Applicants should tailor their CV to the vacancy and highlight experience involving Import LC, Export LC, UCP 600, LC amendments and settlements, RTGS, bill discounting, export bill realization, trade finance, treasury, foreign exchange, FX risk, cash-flow management, banking coordination, regulatory reporting, internal controls, and audit compliance.
Candidates should also clearly state their 1–2 years of textile/apparel industry experience.
Where possible, quantify achievements—for example, the approximate value or volume of trade transactions handled, number of LCs processed, banking relationships managed, or improvements made to transaction processing and documentation.
How to Apply
Interested candidates should send their updated CV to:
Applicants can use an email subject such as “Application for Executive – Import/Finance” so the recruitment team can easily identify the vacancy being applied for.
Before submitting the application, review your CV to ensure your education, textile industry experience, LC exposure, trade-finance responsibilities, and relevant banking skills are clearly visible.
The advertisement does not specify a closing date, so interested candidates should consider applying promptly.
https://whatsapp.com/channel/0029VaRWeF7DDmFRZuX0Ww0K
To apply for this job please visit whatsapp.com.