Job Description
Responsibilities Trade and Transaction Management
- Maintain up an up-to-date vessel-wise profitability report for the management, including freight, demurrage, and port charges
- Conduct regular account reconciliation and analysis of vessels with traders on physical trading
- Reconcile derivative trades (futures/options) with traders/brokers/clearing houses
- Coordinate with trade finance teams for settlement of Letters of Credit (LCs) and other structured instruments
- Ensure the correctness of LC charges by the Banks
- Ensure smooth flow of processes from recording income and expenditures on the system to regular reporting of AR/AP
- Prepare monthly MIS, including but not limited to P&L, Balance Sheet, and statement of cash flows for the management, including intercompany reconciliations
- Monitor and review income and expenditure classifications as per the req...