18 Sep
|
Puma Energy
|
Mumbai
18 Sep
Puma Energy
Mumbai
Company
Puma Energy is a leading global energy business which supplies, stores and distributes petroleum products in 47 countries across six continents. Founded in 1997, Puma Energy has its headquarters in Singapore and Geneva and employs over 8,000 people globally with regional hubs in South Africa, Puerto Rico and Estonia and have recently setup a Global Delivery Centre in Mumbai (India).
Puma Processing Services LLP (PEPS) established in Year 2018, represents Puma Energy’s first captive offshoring unit and is based in Mumbai, India with over 200 employees.
Main Purpose:
To provide effective finance operations and risk management for our international oil trading activities.
KEY RESPONSIBILITIES:
•Issuance of L/C’s or Bank Guarantees for our purchases of Crude and Oil Products including negotiation with banks in order to place transactions under bilateral facilities.
•Review of contracts for all transactions in accordance with company policy and procedure
•To check and approve cargo loadings and discharges whilst ensuring contractual obligations are met without exposing the company to risk or loss.
•Risk covering sales where necessary with Banks and/or Insurance.
•Release and stock management, exposure monitoring and weekly m2m of any storage positions.
•Close co-operation with our Deals Desk personnel to ensure any costs agreed by Trade Finance are allocated correctly to the separately maintained deal Profit and Loss accounts.
•Close co-operation with our Oil Operations team to ensure that our physical logistical requirements are in alignment with financial and risk considerations
•Preparation and despatch of Invoices and Letters of Indemnity (or shipping documents) for payment under Documentary Letters of Credit received from our buyers.
•The reception / recording and distribution of shipping documents – including the allocation and despatch of such documents to our trading counter-parts / financing banks enabling the prompt cancellation of outstanding LOI’s
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📌 Sr Analyst (Mumbai)
🏢 Puma Energy
📍 Mumbai