Trade Finance Expert (Brussel)

  • Full-time
  • Entities: BESIX NV/SA

Company Description

BESIX Group is a leading multidisciplinary Belgian Group, operating in construction, real estate development and concessions. BESIX Group was founded in 1909 and has grown impressively over the years. BESIX Group operates in Northern and Eastern Europe, North and Central Africa and the Middle East through its subsidiary Six Construct, as well as in Canada and Australia. The group stands out in its sector by having its own internal Engineering Department, with wide-ranging expertise in geotechnical engineering, concrete technology, methods, planning, and BIM, System Engineering and similar tools. In 2019, the Group achieved a turnover of EUR 3.3 billion. BESIX has about 15,000 employees active in 25 countries with more than 80 different nationalities. Find more information at: www.BESIX.com

    Job Description

    As part of its core activities in the construction industry, BESIX issues and receives a large amount of bank guarantees, mainly Bid Bonds, Performance Bonds, Advance Payment Bonds and Money Retention bonds.

    You will work together with the Finance and Administration Directors and Project Managers of different construction projects internationally. 

    On a daily basis you will be responsible for the following :

    • Day to day management of bank guarantee issuances:
    • Ensure guarantees are issued timely
    • Maintain & ensure accuracy of list of outstanding bank guarantees through quarterly reconciliation with banks
    • Control of cost related to issued bank guarantees
    • Provide bank reference letters to tendering department
    • Monthly and quarterly reporting of outstanding bank guarantees
    • Guarantees issued by project
    • Bank Guarantee Facilities availabilities
    • Exception reporting

    Support in Cash Management & FX

    In addition and depending on your experience and competences, you will provide support to the Treasury team with the following tasks:

    • Monthly cash reporting for all BESIX entities:
    • Support & advise internal customers on all cash management related topics (Bank account opening, electronic banking, payments)
    • Manage intercompany loan portfolio (interest accrual calculation, intercompany loan agreements)
    • Verify & confirm deals towards banks
    • Provide Fair Market Valuation of outstanding FX contracts on a quarterly basis
    • Support on treasury projects (set up cash pooling structures, implement bank guarantee management tool)

    Qualifications

    • You have a strong educational background in finance;
    • You have at least 5 years of trade finance experience with strong emphasis on bank guarantees management;
    • Prior experience in international project environment or banking environment is preferred;
    • You are accurate and self-disciplined;
    • ·Strong numerical reasoning and analytical skills
    • You have strong negotiation skills and communicate efficiently with different stakeholders;
    • You are pro-active, open minded, a problem solver and committed;
    • You are fluent in English, French and/or Dutch with a god command of the other national language;
    • Good team player with ability to work under pressure and relatively independently

    Additional Information

    A career at BESIX is a lot more than just a job, it's about being part of our changing, innovative world, experiencing at first hand the challenging topics we have to face in the coming years. Being a part of the BESIX group is taking part in a very dynamic and entrepreneurial company with ambitious & innovative development plans. We are looking for different kinds of personalities, mindsets, backgrounds, genders, to build the iconic projects of tomorrow. With our purpose of Excel in creating sustainable solution for a better world, we are driving our company forward.

    Are you ready to make an impact?

    Working at BESIX means getting a lot of interesting benefits: 

    • An attractive remuneration package including a salary in line with the market, flexible mobility advantages, teleworking, health & group insurance, meal vouchers, ….
    • A career enhancement programs that serve not only to ensure that you are constantly learning and improving but also that give you the possibility to expand your career horizon
    • A dynamic working environment with innovative colleagues supporting your endeavors (ideas, projects, goals, ambitions)
    • Possibility to work on complex projects both on local as an international environment
    • Remain locally anchored for the coming years or dare for an international career opportunity within the group
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