Oil Operator

Client of Alert HR Solutions

What we offer

Your salary is a tax free! You will have the opportunity to expand your network and be a part of a dynamic and growing company. Our client offers a direct employment contract, competitive salary package, and other benefits as per UAE Labor Law.

Who you are

Skills & Competencies:

• Excellent communication and analytical skills
• Strong proficiency in Microsoft Office (Excel, Word, PowerPoint)
• Proactive, rigorous, and team-oriented mindset
• Self-starter with strong commercial awareness
• Adaptable and receptive to change
• Ability to work independently and as part of a team in a fast-paced and demanding trading environment.
• Able to seek out information necessary for problem solving
• Must be able to work with limited supervision

Education & Qualifications:

• Bachelor or higher, preferably in international commerce
• At least 3 years of professional experience in a related discipline a plus
• Knowledge in Vessel chartering, freight calculation skills are required
• Basic knowledge of hedging

Description

In this role, you are accountable for the full operational life-cycle of oil trades. You confirm deals with counter-parties daily and ensure all trade data is accurately represented in the risk management system. You validate invoices promptly to support optimal cash flow and contract compliance.

Role & Responsibilities:

• Ensure that accurate information is represented within the risk management system by confirming deals with counterparts on a daily basis..
• Validate payable's and receivables invoices in the risk management system on a timely basis to optimize cash flow and adhering to contractual due dates.
• Review and manage contracts, ensuring their accurate and timely execution in compliance with organizational standards and requirements
• Adhere to all industry regulations and meet contractual deadlines consistently.
• Reviewing and opening the letter of credit and communicating with the banks
• Assist the accounting department when necessary in the recovery of funds from counter-parties and the reconciliation of accounts.
• Maintain electronic filing system for the respective area of responsibility.
• Track shipping documents (bills of lading, custom documents, etc.) and re-direct to the correct counter-party.
• Serve in a back-up capacity for other Trading Operators who are on vacation or during scheduled absences
• Provide organizational support to the team by handling general back-office duties such as faxing, archiving, and filing, as required.
• Assist the Manager on an "as needed" basis on special projects and audit work.
• Collaborate and interact on a daily basis with other departments to ensure seamless workflow and communication
• Perform reconciliations, investigate discrepancies, and resolve counterpart issues in a timely manner
• Take full ownership of responsibilities, ensuring the effective implementation and oversight of operational processes and measures