
Trading Specialist
10 hours 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, 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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