EU remote
International Execution Specialist
About this role
Overall Purpose and Objective of Position This position performs vessel execution related functions for the Global Freight Platform’s time & voyage chartered vessel fleet transporting both agricultural and mineral cargoes for an international commodity trading firm. Main Responsibilities: Review contracts issued by trading versus IMOS if any discrepancies work with trading to rectify Ensure all counterparts are entered and updated in MDM / SAP / Treasury system for timely arrangement of hire payments.
Raise invoices for freight promptly upon completion of loading of cargoes for both LDC and third parties. Forward invoices to charterers and follows up for receipt of timely remittance. Interact and coordinate on a daily basis with members of the operations and trading team Ensure cash is applied correctly Update the daily cash log for wire transfers used and cash receipts. Code cash receipts with counterparty information for postings by Sofia Shared Service Center Process disbursement account advances requested by vessel operators Review, reconcile, and record vessel disbursement accounts.
Re-bills vessel/voyages related owner/charterer items as needed and facilitates timely settlement with port agents. Receive, reconcile, and settle invoices for broker commission with IMOS data. Settles same with brokers on a timely basis following freight group policies. Search in IMOS for bunker invoices and miscellaneous invoices with settlements pending and create timely wire transfer request for settlement with counterparties.
Obtain and process bunker invoices within contract terms by reviewing and updating in IMOS, if any discrepancies work with bunker desk or operations to verify / correct. Raise periodic hire statements for sub-time chartered vessels, which may include: performance claims, off-hires, interim/final hold cleaning, cables/victuals/representation, owner items, etc. Forwards invoices to charterers and follows up for receipt of timely remittances.
Laytime statements to be raised for settlement with third party and intercompany entities. Forward invoices as –email attachments, follow up for remittance or settle with counterpart as necessary. Adhere to deadline set with Global Laytime Excellence Center for the upload of required documents to Sharepoint enabling laytime calculation. Review accounts receivable and vendor aging reports daily, paying close attention to the collection of funds due and following up promptly as required.