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Middle Office Manager - Crude/ Product/ Freight deals

Aurex Group Singapore
Posted 16 hours ago Permanent -
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Overview:

As the Middle Office Manager, you will be responsible for evaluating, documenting, and ensuring compliance with crude, product, and freight deals. You will play a key role in executing prepayment and structured trade finance deals, managing accounts receivables/payables, and optimizing working capital limits. Reporting directly to the CFO, you will also oversee financial concurrence, contract review, and audit-related activities, ensuring adherence to risk management controls and regulatory requirements.

Key Responsibilities:
  1. Evaluate, document, and ensure compliance with crude, product, and freight deals, including adherence to regulatory requirements and internal policies.
  2. Execute prepayment and structured trade finance deals, ensuring alignment with company objectives and risk management strategies.
  3. Manage accounts receivables/payables and working capital limits, optimizing cash flow and liquidity management.
  4. Handle secondary costs related to trading operations, ensuring accuracy and efficiency in cost allocation and reporting.
  5. Review demurrage calculations provided by the operations desk, monitor timely payment, and minimize costs associated with delays.
  6. Verify demurrage claims raised on suppliers' import shipments, resolving discrepancies and ensuring fair and timely settlement.
  7. Monitor and ensure sign-off/approvals of authorized signatories as per standard operating procedures (SOPs) and delegation of authority (DOA).
  8. Monitor and ensure compliance with risk management controls, identifying and addressing any gaps or issues.
  9. Provide financial concurrence and review of contracts, ensuring alignment with financial objectives and regulatory requirements.
  10. Oversee accounting, reporting, audit, and control-related activities, maintaining transparency and accuracy in financial records and statements.
  11. Prepare notes, workflows, and presentations as required by management, providing insights and analysis to support decision-making processes.
Educational Qualifications & Certifications:
  • Post-graduate degree with relevant experience (MBA in Finance or Chartered Accountant preferable).
Relevant (Functional/Level) & Total Years of Experience:
  • Relevant Experience: 4 years
  • Total Experience: 8 to 10 years
Should you be interested, please send your CV by using the “Apply Now” button below.

To view similar opportunities or express interest in related positions, please visit our website www.aurexgroup.com and follow us on LinkedIn https://lnkd.in/fgAWEBa

Aurex Singapore Pte. Ltd. | EA 18S9493 | Jaypee Ang Tong Bing | R2090503
Job ID  3765442A
ABOUT COMPANY
Singapore
42 Employees HR & Recruitment

Aurex Group is a team of recruitment professionals specialising in the Real Estate, Natural Resources, and Infrastructure sectors. Founded in 2010 in Hong Kong as Capstone Recruitment, our success in Asia was the springboard for our international expansion and company rebranding in 2017.

Over the last decade, we have built a reputation as a trusted full-service search specialist committed to finding and securing the right talent. As a team, our management has over 140 years’ combined expertise across our respective sectors. As a company, our mission is to unlock potential and inspire ambition.

Operating out of offices in Hong Kong, China, Houston, Singapore, Sydney and Brisbane we service clients who operate across the entire lifecycle of the industry.

www.aurexgroup.com

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