22 Aug
|
Bunge
|
Sahibzada Ajit Singh Nagar
22 Aug
Bunge
Sahibzada Ajit Singh Nagar
Job Description
Role Purpose Statement
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This position is responsible to execute shipments/vessels and ensure flawless execution of commodity trade contracts, which services the Asia Pacific Oils Execution/operations for Bunge. This is an Individual contributor role with an added responsibility of controlling product Specific Execution, Position File with commercial & appointment of Surveyor /Shipping agents .
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Main Accountabilities:
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- Follow-up and gather information on shipment to be executed - vessel selection and confirmation from the Business Team
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- Perform vessel screening to ensure compliance as per Bunge Global guidelines – Review of reports, Check availability of vessel charter party agreement, vessel certificates and others
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- Gather information on contracts nominated on the vessel to be executed from the Business Team
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- Update vessel nomination details to Sellers and Buyers (counterparties)
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- Follow-up and get conformance on vessel nomination from counterparties
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- Update and maintain vessel master status files
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- Create contract vessel and parcel in SAP system, and Nominate purchase/sales contracts in SAP system
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- Timely execute & settle purchase/sales contracts in SAP system
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- Receive freight and purchase invoices from sellers and forward it to co-workers (Finance team) for payments processing
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- Negotiate Letters of Credit and Prepare shipping documents
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- Prepare and issue cargo stowage plans for CDSBO vessels to India. Aligned with commercial to maximize the intake.
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- Finalize the Surveyor & Shipping agents to be appointed on CDSBO vessels and Monitor their Service delivery.
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- Provide guidance and inputs to co-workers (Documents team)
on documents to be prepared for vessel execution for submission to internal and external stakeholders
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Additional responsibilities:
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- Resolve execution related queries for the team & self within defined timelines
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- Provide reports and run queries to assist the Finance Team in period end closing process
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- Identify ideas for process improvement utilizing industry leading practices
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- Handle exceptions generated, perform root cause analysis to resolve current issues and act proactively to avert potential issues in future
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- Provide all information, documents and reports for audit. Post the audit; take steps as per corrective action plan drafted by the Team Leader.
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Impact/Dimensions
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Responsible to unlock the business value linked to the commodity contract by flawless execution of at-least 40 + vessels of around 20 Billion USD. Ensure Execution team is complying with SOX & Audit requirements under CON-0303, 08 & 09.
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Key Performance Indicators (KPIs)
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- Timeline of completion of Execution Life Cycle (From BL date to Presentation Date). Baseline for best in Class TAT is 5 Days.
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- Control of Payment Collections from Buyer (Within Contractual Payment Deadline
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Major Opportunities and Decisions
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• Highly organized and able to work within required timeliness and applicable KPI's
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• Solid customer service, communication skills/soft skills
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• Attention to details, process oriented and analytical skills
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• Work well as part of a team to achieve a common objective
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Management/Leadership
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This is an Individual contributor role and Management/Leadership skills are not mandated for this role. However this role is to be developed as a 2 Tier within 2-3 years to replace the Team Lead Trade Execution. IDP's should be assigned after confirmation on this particular role.
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Key Relationships, Stakeholders & Interfaces:
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This is a role that interacts with trading, freight, execution, controlling, accounting, finance desks of Bunge Asia Region.
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Knowledge and Technical Competencies:
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- Relevant experience in handling bulk, break-bulk and container shipments of Agri-commodities, with good knowledge of GAFTA and NAEGA contracts' rules.
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- Good knowledge of concepts and procedures related to shipment of trade commodities and related terms & guidelines, including expertise in Letters of credit and shipping documents
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- Strong written & oral communications skills in English. Knowledge of European languages added advantage
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- Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
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- Experience in working with SAP system (Added Advantage)
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Education/Experience
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- 4-5 years of work experience in a similar role (Agri commodities Trade Execution or Agri commodities Shipment Execution)
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- Minimum Education Qualification – Graduation. Post-graduation would be an advantage.
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- MISC or CDCS (Added Advantage)
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📌 Process Executive - Trade Operations (Sahibzada Ajit Singh Nagar)
🏢 Bunge
📍 Sahibzada Ajit Singh Nagar