Assistant, Lng Commercial

2 weeks ago


Singapore MOL (ASIA OCEANIA) PTE. LTD. Full time

Job Purpose

  • Support Asset / Contract management team of assigned LNG Carriers from a OPEX budget and cost management financial accounting perspective.
  • Ensure effective communication and coordination with Charterer, respective vessels, Shareholders, Technical Managers, and internal support teams (LNG Finance Team / MOL Tokyo HQ etc.)
  • OPEX budget and cost management.

Duties and Responsibilities

  • Owner / Shareholder representative and Manager's representative for a fleet of LNGC's that are owned by JV.
  • The Commercial Manager will allocate several vessels under his responsibility to manage 'day to day.
Assist Senior Executive & Manager in maintaining close and effective communications with:

  • Charterers Representatives
  • J/V Shareholders based overseas
  • Technical Managers
Ensure effective governance and compliance of all relevant Agreements listed below, however the list is not exhaustive:

  • Time Charter Party
  • Ship Management Agreements
  • Joint Venture and Shareholder Agreements
  • Shipbuilding Contracts
  • Facility Agreement
  • Insurance policies (H&M, Loss of Hire, War and P&I)
  • Ensure vigorous control and review of Ship Technical Manager actual spend v budget.
  • Understanding of pre-delivery and post-delivery budgets, being able to assist with reviewing them, and advising Technical Manager the budget assumptions where require.
  • Preparation of analysis reports between different sets of budgets (pre-delivery and post-delivery budgets) and actuals and / or estimates.
  • Preparation of the financial part of various reports such as Business Report and Shareholder presentation.
  • May require attending and / or presenting the reports to various stakeholders such as Senior Management, Joint Venture Owners, and Charterers.
  • In depth understanding of the project to be able to efficiently monitor, correctly track OPEX & CAPEX costs, items for recharges and advice Technical Manager and various Finance Departments accordingly.
  • Identify and improve processes and / or procedures to ensure efficiency.
  • Ensure relevant certificates, licenses and insurance documents are in place and renewal of such documents in good time manner.
  • Provide covering for Team members when required.
  • Ensure Owners (Hong Kong) & Shareholders reports are submitted as per the agreed deadlines.
  • Prepare Budget documents and analysis for approvals
  • Long term OPEX Projections, including Cashflow
  • Handle adhoc requests / clarifications from Shareholders / Owners
  • Ensure effective communications with all stakeholders.

Job Requirements

_Qualifications:
_


  • Degree in maritime and / or business
  • Shipping focus degree
  • Institute of Chartered Shipbrokers

_Knowledge and Experience:
_


  • A good understanding of shipping commercial operations, market gained at another owner and / or energy company internship
  • Familiarity with time charter party / shipbuilding contractual terms and associated commercial agreements
  • Basic financial knowledge and ability to read basic financial statements
  • Good cultural awareness with the ability to engage with various stakeholders worldwide
  • Maritime law and insurance study background

_Skills & Competencies:
_


  • Excellent communication skills and collaboration skills
  • Well organized and able to manage multiple tasks / projects by oneself
  • Commercially astute with a sharp eye for detail
  • Numerically astute and comfortable reporting large numbers to management (USD$ millions)
  • Capable of reporting complex commercial matters in a few salient points and provide resolution(s) to manager.
  • Strong negotiation and dispute resolution skills
  • Stakeholder engagement
  • Strong data analytical skills
  • Advanced Excel skills


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