Demurrage Analyst (Oil & Gas Trading MNC)

RECRUITPEDIA PTE. LTD.; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A Trading MNC in the Oil & Gas sector is seeking a Demurrage Analyst. The successful candidate will oversee demurrage exposure, prepare and analyze computations, and coordinate contracts. Applicants should have a relevant Bachelor’s degree and at least 1 year of experience in the oil & gas industry, with strong communication skills and the ability to work in a fast-paced environment.

Qualifications

• Minimum 1 year of relevant working experience in oil & gas industry.

Responsibilities

• Oversee demurrage exposure for Gasoline desk trade, analyzing and negotiating payables and receivables.
• Prepare demurrage computations and submit timely reports to relevant counterparts.
• Ensure prompt collection of outstanding claims and track incoming funds.
• Collaborate closely with cargo operators for efficient claims file management and documentation.
• Generate weekly/monthly demurrage status reports and handle monthly demurrage accruals.
• Coordinate with the contract desk on purchase and sales contracts.
• Verify and endorse freight invoices for approval/payment.

Skills

Good communication skills

Ability to work in a fast-paced environment

Education

Bachelor’s degree in relevant fields

Job description

Overview

Our client is a Trading MNC company, one of the leading players in the Oil & Gas sector. Due to business needs, they are now recruiting a Demurrage Analyst to be part of their team for ongoing transformation projects. They are located in the Central – easily accessible.

Responsibilities

• Oversee demurrage exposure for Gasoline desk trade, analyzing and negotiating payables and receivables.
• Prepare demurrage computations and submit timely reports to relevant counterparts.
• Ensure prompt collection of outstanding claims and track incoming funds.
• Collaborate closely with cargo operators for efficient claims file management and documentation.
• Generate weekly/monthly demurrage status reports and handle monthly demurrage accruals.
• Coordinate with the contract desk on purchase and sales contracts, focusing on delivery nomination, Laytime, and demurrage clauses.
• Verify and endorse freight invoices for approval/payment.

Qualifications

• Bachelor’s degree in relevant fields.
• Minimum 1 year of relevant working experience in oil & gas industry.
• Good communication skills and able to work in fast paced environment.

Application

Interested candidates who wish to apply for the advertised position, please click APPLY NOW or email an updated copy of your resume/cv.

We regret that only shortlisted candidates will be notified.

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