Lpg Import

2 weeks ago

Singapore E1 CORPORATION Singapore Branch Full time

**Roles & Responsibilities**

**Roles**:

- Responsible for the import and inventory management of LPG at the Korea Terminals
- Includes daily market analysis, purchasing planning and inventory management based on forecasted sales, and performance management on a daily basis.
- Long-term responsibilities include identifying new business opportunities.

**Responsibilities**:

- Purchase LPG at the optimal time based on sales forecasts for domestic, commercial and petrochemical use in Korea.
- Maintain close communication with the domestic sales department and the Petrochemical sales department

at headquarters to assess purchase demands.
- Operate inventory by establishing term and spot purchase contracts through the global market.
- Maintain friendly relations with Middle Eastern and North American suppliers, trading companies, etc.
- Analyze global market prices, domestic prices in Korea, and petrochemical sales prices to negotiate the best purchase timing and price.
- Conduct paper transactions for profit optimization and risk management.
- Track and manage real-time P/L reflecting purchase contracts and expected sales, and report to management immediately when necessary.
- Strong communication skills and being able to engage internal stakeholders frequently to create synergy effects across the business.

**Required Qualifications**
- Bachelor's degree or higher from an accredited university
- At least 4 years of experience in the LPG industry

**Preferred Skills**
- Experience in LPG trading preferred
- Understanding of the LPG futures market (Experience preferred)
- Understanding of Korea's domestic LPG market and petrochemical industry
- Understanding of Korean regulations related to LPG quality and inventory
- Knowledge of hedging strategies
- Basic understanding of the accounting impact on profit and loss per transaction
- Ability to prepare reports to explain the business status to HQ management when necessary
- Proficiency in Excel and PowerPoint presentation skills
- Fluent communication in English

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