Commercial / Asset Management Senior Executive (OPEX / MNC / Logistic)

1 week ago


Singapore TRUST RECRUIT PTE. LTD. Full time
Roles & Responsibilities

Job Purpose

  • Support the Manager in managing a fleet of LNG carriers
  • Ensure effective communication and co-ordination with Charterer, Owners, and Ship Technical Managers
  • Ensure safe and reliable transportation of LNG and maximize Owner profits
  • Support LNG and Offshore division in managing customer relationships and enhancing overall commercial value.

Role and Responsibilities

1. Owner representative for a fleet of LNG carriers on long term charterer

  • Administer Project Budgets with the Ship Managers
  • Manage Internal Approval process and interact/liaise with Technical and Commercial Teams overseas.
  • Give Asset Management input in response to Tenders and Presentation Materials and follow up activities
  • Develop relationships with existing and potential clients and other related organizations
  • Provide Operational Input for Contractual compliance matters

2. Ensure effective governance and compliance of all commercial and ship management contracts.

  • Time Charterparties
  • Ship Management Agreements
  • Support Finance Team of the project (Appointed Corporate Service Provider)

3. Manage and resolve commercial disputes and ensure Owner interests are protected. These will include but not be limited to:

  • Liaising with Charterers and review of off hire reconciliation statements.
  • Review and negotiate time charterparty performance claims and report to manager/owner before settlement.
  • Keep all stakeholders fully updated on progress and close out

4. Ensure vigorous control and review of ship technical manager actual spend v budget

  • Review expenditure requests (AFE) over approved budget and obtain manager sign off.
  • Prepare quarterly / year end OPEX reports with variance analysis for manager review and sign off.
  • Review annual OPEX and dry dock budgets - seek necessary approvals.

5. Ensure effective communications with all stakeholders.

  • Liaise with Charterer(s), Ship technical manager (Fleet Manager, Technical Manager and Voyage Manager), Finance team, P&I Club
  • Report to Manager – Asset Management, Management, Headquarters, Board of Directors (Joint Ventures), Shareholders (Joint Ventures)

6. Ensure (HQ) reports are submitted as per the agreed deadlines

  • Liaise closely with Finance Team and prepare Budget documents and analysis for approvals
  • Liaise closely with Finance Team to prepare and submit long term P&L projections.
  • Handle ad-hoc requests // clarifications from HQ (Shareholders / Owners).

7. Support insurance manager and minimize impact to P&L

  • Support insurance manager to ensure rightful claims are raised and recovered.
  • Liaise with Finance team to ensure appropriate provisions are allocated to financial statements
  • Update (HQ), Senior Leadership, Directors and Shareholders with manager supervision and guidance on the Insurance / claims /Settlement matters

8. Prepare and organize

  • Ensure Monthly KPI scorecards are sent to Charterers / Owners.
  • Review monthly OPEX reports and variance analysis submitted by Ship technical managers
  • Quarterly business reports. Submit to Board of Directors and Shareholders.
  • Prepare/ organize director and shareholder meeting materials.

9. Owner representative

  • Assist Manager during crisis management situations.
  • Deputize for Manager when on holiday or away on business trips.
  • Represent company and JVs at owner, charterer and Industry events.

10. Projects

  • Provide commercial/operational support to business development // project teams when required.

Qualifications:

  • Degree in maritime and/ or business
  • Familiarity with Tankers time charter/ shipbuilding contractual terms and associated commercial agreements
  • Ability to read basic financial statements
  • Good cultural awareness with the ability to engage with various stakeholders worldwide
  • Excellent communication 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 to report complex commercial matters in a few salient points and provide resolution(s) to manager
  • Strong negotiation and dispute resolution skills

HOW TO APPLY:

Interested applicants, kindly send your resume in MS WORD format to ref13@trustrecruit.com.sgor please click on “Apply Now” and provide the below details in your resume.

We regret only shortlisted candidates will be notified.

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Tell employers what skills you have

Excellent Communication Skills
Charter
Budgets
Asset Management
Approval Process
Joint Ventures
Customer Relationships
Variance Analysis
MS Word
Dispute Resolution
Compliance
Financial Statements
Transportation
Crisis Management
Shipbuilding

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