Loan Administrator

Compliance:. Monitor and ensure accuracy of all the relevant certificates notices, workings, lender’s records, regulatory updates that are submitted to the concerned third party as per the loan agreement of NAKILAT, and its joint venture companies/subsidiaries.
2. Review and ensure submission of vessels related documentation in accordance with loan agreements.
3. Review and analyze all documentation obtained from banks, suppliers, agents, and trustees etc. and ensure compliance with financing agreements, swap agreements and other financing documentation.
4. Prepare cash waterfall (OPEX and other inter-account transfer) schedule in accordance with loan agreements.

Payment Processing:
5. Prepare payment instructions for manual or online payments to all third parties and inter-account transfers and ensure that all instructions related to payments are properly executed.
6. Ensure smooth operations of online payment approval system by acting as a coordinator between banks and Nakilat authorized signatories.
7. Work closely with Finance function to identify and resolve bank reconciliation matters and handle matters with various banks in case of items not reconciled or need other actions.

Manage Bank Accounts:
8. Ensure that the banks accounts of the company are monitored, and any unauthorized debits or credits to/from accounts are acted upon immediately.
9. Analyze online payment SWIFT records for suppliers, correspondent bank, or finance team, and discuss the same with banks to present needed information and records.
10. Prepare and compile bank documentation and internal authorities required for the addition of and modification to the list of authorized signatories/internet banking users.

Update Financial Models:
11. Update on a regular basis financial models related to cash position, debt service position, cash flow forecast etc. so that they reflect the position of the company correctly.