Company Description

DIME International Mechanical Engineering, established in 2008 in Qatar, specializes in structural fabrication and maintenance projects across sectors such as construction and Oil and Gas industries. The company excels in executing projects at their production factory or client onshore/offshore locations, consistently supporting clients' business objectives through quality engineering projects.

Role Description

We are seeking a skilled and experienced professional who can effectively liaise with banks to secure various banking facilities and handle the commercial aspects of tenders and contracts. The candidate should have a proven track record in managing tender bonds, performance bonds, letters of credit, overdraft facilities, and other banking services critical to the successful completion of projects. In addition, they will play a key role in reviewing, negotiating, and ensuring compliance with the commercial terms of tenders and contracts.

Key Responsibilities

• Liaise with banks to manage and secure banking facilities, including tender bonds, performance bonds, letters of credit (LC), and overdraft (OD) facilities.
• Prepare and process applications for various bonds, guarantees, and letters of credit as required by projects.
• Negotiate and coordinate with financial institutions to ensure competitive terms and conditions for banking services.
• Manage relationships with banks and financial institutions to facilitate smooth transactions.
• Review and ensure the commercial terms of tenders and contracts align with the company’s interests and requirements.
• Collaborate with the legal and finance teams to review and ensure compliance with tender and contract terms.
• Assist in preparing and evaluating tender documents, financial evaluations, and risk assessments.
• Provide insights and support for financial planning, forecasting, and cash flow management related to bank facilities and projects.
• Track and monitor the validity of bonds, guarantees, and LC expirations, ensuring timely renewal or closure.
• Support the overall commercial strategy of the company by identifying opportunities for cost optimization and efficiency.

Requirements

• Bachelor’s degree in finance, Business Administration, or a related field.
• Minimum of 5 years of experience in banking liaison, particularly in availing and managing bank facilities such as tender bonds, performance bonds, letters of credit (LC), and overdraft (OD) facilities.
• Strong knowledge of commercial and financial aspects related to tenders and contracts.
• Excellent communication, negotiation, and relationship management skills.
• Strong understanding of local and international banking procedures and regulations.
•  Ability to work independently and collaboratively with cross-functional teams.
• Proficiency in financial documentation, contracts, and legal agreements related to bank facilities.
• Prior experience in the construction, engineering, or manufacturing sectors is an advantage.
• Familiarity with the financial and banking regulations in Qatar and the broader GCC region.