Trading Specialist (Coal, Cargo Management)
2 months ago
Our Client
Our client is publicly listed on one of the stock exchanges in SEA with multiple strategic business units (BU) spanning across power, agrib..
Our Client
Our client is publicly listed on one of the stock exchanges in SEA with multiple strategic business units (BU) spanning across power, agribusiness, real estate, banking & financial services and insfrastructure. They are looking to hire an experienced sourcing & trading specialist for their power BU in Singapore.
The Role
Reporting to Trading Manager (Coal), you are responsible for providing commercial support for sourcing/procurement activities and logistics management related to coal. This may include drafting of Sales & Purchase contract, shipment planning, vendor management and coordinates with internal and external stakeholders on pertinent commercial and operational requirements.
Responsibilities:
- Draft purchase and sale contract templates that help the team expedite contract issuance upon deal confirmation.
- Reviews and compares C/P terms to sale contract terms, ensure contractual terms are aligned.
- Execute shipments including stock planning, laycan planning, shipping advice, insurance declaration, load port / discharge port agent appointment
- Prepare Letter of Credit (LC) draft according to the contract terms and ensure full operative letters of credit are in place and in control of clean presentation of documents.
- Liaise with finance department on the issuance of the LC.
- Manage the full spectrum of shipping documents preparation of bill of lading draft, packing list, COO, COA, COW, and invoicing.
- Vessel Nomination, follow up on vessel movement and update buyer
- Liaising with account department to prepare, monitor and verify invoices and documents for payment.
- Ensure timely and accurate settlement of accounts receivable and payment including freight invoice and laytime etc.,
- Maintain the database of operational information on a daily basis for analysis and reporting purposes.
- Support working capital management and cash flow requirements.
- Proactively foresee and highlight opportunities and risks/ exposure within the business.
- Evaluate/Analyze current procurement activities and suggest process improvements to increase productivity.
- Collaborate with team members and build productive and good working relationships with internal and external stakeholders.
- Actively participate in all company programs and activities under quality improvement, safety & security, sustainability, corporate social responsibility, risk management etc.
- Performs other tasks as may be assigned by the immediate superior.
Your Profile
- Minimum three years of related work experience.
- Bachelor's degree in a related field or equivalent experience.
- Familiar with documentation and order processing, a good understanding of procurement practices and procedures.
- Other minimum qualifications may apply.
- Experience in dealing with bulk cargo is a plus.
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