Assistant, LNG Commercial

3 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 co-ordination 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

1. 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.

2. Assist Senior Executive & Manager in maintaining close and effective communications with:

- Charterers Representatives

- J/V Shareholders based overseas

- Technical Managers

3. Understanding of all contractual documentations and correct application of all contractual terms and conditions to daily tasks where required.

4. 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)

5. Ensure vigorous control and review of Ship Technical Manager actual spend v budget.

6. Understanding of pre-delivery and post-delivery budgets, being able to assist with reviewing them, and advising Technical Manager the budget assumptions where require.

7. Preparation of analysis reports between different sets of budgets (pre-delivery and post-delivery budgets) and actuals and / or estimates.

8. Preparation of the financial part of various reports such as Business Report and Shareholder presentation.

9. May require attending and / or presenting the reports to various stakeholders such as Senior Management, Joint Venture Owners, and Charterers.

10. 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.

11. Identify and improve processes and / or procedures to ensure efficiency.

12. Ensure relevant certificates, licenses and insurance documents are in place and renewal of such documents in good time manner.

13. Provide covering for Team members when required.

14. 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 Cash-flow

- Handle ad-hoc requests / clarifications from Shareholders / Owners

15. 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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