Finance Manager (Ship Owner)

Focal Search Pte Ltd; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

A leading maritime finance consultancy in Singapore is seeking a Finance Manager (Ship Owner) to optimize FFA portfolios and manage risks associated with freight rate fluctuations. The role involves monitoring market trends, executing trading strategies, and collaborating with senior management to enhance business growth. The ideal candidate should have expertise in finance management, particularly within the maritime industry, and strong analytical skills, including proficiency with tools like Power BI.

Qualifications

• Proven experience in finance management within the maritime industry.
• Strong understanding of FFA markets and risk management strategies.
• Ability to analyze market trends and execute trading strategies effectively.

Responsibilities

• Oversee and optimize the FFA portfolio to hedge against freight rate fluctuations.
• Monitor market trends and adjust FFA contracts as needed.
• Formulate FFA strategies aligning with risk management objectives.

Job description

About the job Finance Manager (Ship Owner)

• Effectively oversee and optimize the FFA portfolio to hedge against fluctuations in freight rates and minimize risk
• Continuously monitor market trends and the performance of existing FFA contracts, making adjustments as needed.
• Formulate and execute FFA strategies in line with the company's risk management objectives.
• Execute FFA trades, encompassing both long and short positions, in accordance with established strategies.
• Analyze the company's exposure to market risk, including vessel charter rates and bunker prices.
• Effectively manage derivative positions to mitigate risk.
• Ensure compliance with hedge policies, review policies, and oversee their implementation.
• Evaluate potential trade counterparties and establish partnerships with favorable terms.
• Manage margins and distribute trades across counterparties.
• Contribute insights to the Long Term Business plan, offering perspectives on potential risks and opportunities related to market conditions.
• Collaborate with senior management to develop strategies for sustainable growth and profitability.
• Conduct variance analysis to provide data-driven recommendations for portfolio adjustments, utilizing tools such as Power BI.