Specific Attributes

Job Vacancy: LC & Banking Officer (1 Position)

Industry: Electronics & Home Appliances
Employment Type: Full-Time
Number of Positions: 1
Job Location: Kathmandu

Job Description

We are seeking a detail-oriented, responsible, and motivated LC & Banking Officer to manage banking operations, Letter of Credit (LC) documentation, RTGS transactions, and product cost sheet preparation. The ideal candidate should have a sound understanding of banking procedures, import-related financial documentation, and coordination with banks and internal departments.

Required Qualifications & Skills

• Good knowledge of Letter of Credit (LC) procedures and banking documentation.

• Practical understanding of RTGS and other banking transactions.

• Ability to prepare and analyze product cost sheets.

• Knowledge of import procedures, customs duties, VAT, taxes, and related expenses.

• Proficiency in MS Excel, MS Word, and other accounting tools.

• Strong numerical, analytical, and problem-solving skills.

• Good communication, coordination, and documentation skills.

• High attention to detail, accuracy, and confidentiality.

• Ability to work independently and meet deadlines.

Responsibilities

Key Responsibilities

• Handle Letter of Credit (LC) documentation, processing, amendments, and bank coordination.

• Manage RTGS transactions and other banking-related activities.

• Coordinate with banks regarding LC opening, payments, remittances, and financial documentation.

• Prepare, review, and maintain product cost sheets, including import costs and related expenses.

• Calculate and verify product costing, including customs duties, taxes, freight, and other applicable charges.

• Verify invoices, bank statements, payment records, and financial documents.

• Coordinate with suppliers, banks, customs agents, and internal departments regarding import-related transactions.

• Maintain accurate records of banking transactions and LC documents.

• Assist in preparing financial reports and bank reconciliation statements.

• Ensure timely processing of banking transactions and proper documentation.

Experience

• Minimum 1–2 years of relevant experience in banking, finance, accounting, or import-related operations.

• Practical experience in Letter of Credit (LC) processing and documentation is highly preferred.

• Experience handling RTGS transactions and preparing product cost sheets will be an added advantage.

• Experience working with commercial banks and import documentation will be preferred.

Education

• Bachelor's degree in Business Studies (BBS), Business Administration (BBA), Finance, Accounting, or a related field.

• Candidates with a Master's degree or relevant professional qualifications will be preferred.