Vitol

Shipping Analyst

Vitol  •  Singapore, SG (Onsite)  •  20 days ago
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Job Description

Vitol is a leader in energy and commodities. Vitol produces, manages and delivers energy and commodities to consumers and industry worldwide. In addition to its primary business of trading, Vitol is invested in infrastructure globally, with $10+billion invested in long-term assets.

Vitol’s customers include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves its customers from some 40 offices worldwide. Revenues in 2024 were $331bn.

For more information: vitol.com

  • Handling post fixture voyage claims
  • Manage invoice issuance and post-fixture voyage claims in accordance with contractual term.
  • Handling hires and other claims of ship owners.
  • Collaborate with Finance team on operational profitability, budgeting variances, and basic financial accounting.
  • Time charterers and pools contract management.
  • Voyage profit and loss analysis and reporting
  • Follow up with counterparties for timely payment and keeping records of outstanding amounts
  • Monitor Shipping portfolio to ensure accurate market exposure management

Qualifications

  • University degree in Maritime or an equivalent field.
  • At least 2 years relevant experience in post fixture claims with a reputed tanker owner, commercial tanker operator, oil major or oil trader
  • Experienced in financial accounting would be an added advantage
  • Strong analytical, problem-solving skills
  • Proactive, meticulous with a strong sense of responsibility
  • Team player and able to work independently
  • Good communication / interpersonal skills.

Additional Information

  • Ability to work in a high-pressure trading environment.
  • Have a strong sense of accountability and ownership of key deliverables
  • Be comfortable undertaking new concepts and ideas associated with a fast-paced, dynamic business
  • Demonstrate the ability to both understand the ‘big picture' and have a willingness to ‘dig into the details'
  • Demonstrate the ability to clearly communicate accounting concepts to senior management and translate them in terms of the commercial business
  • Continually assess, challenge, and improve processes
  • Earn the trust of others by continuously demonstrating the ability to follow-through
  • Be curious, creative, and up for a challenge
  • Effectively communicate with other departments/ external counterparties (written and verbal)

Vitol Asia is committed to providing equal opportunities to all staff. Globally, Vitol seeks to conduct its business in accordance with the UN Global Compact’s ten principles, including those on human rights, one of which is to “Ensure a diverse and inclusive work place, where possible, free from discrimination regardless of age, gender, race, cultural heritage, ethnicity, sexual orientation, religion or disability.”

Only successful candidates will be contacted.

Vitol

About Vitol

We are a leader in the energy sector with a presence across the spectrum; from oil through to power, renewables and carbon credits. Every day we use our expertise to distribute energy around the world. We source from producers, refiners and intermediaries and deliver to refineries, utilities, airlines and retail distribution networks as well as wholesalers and other traders. We manage the physical risk associated with moving energy.

Our business is global: we trade over 7 million barrels per day of crude oil and products and charter around 6,000 ship voyages a year. We also use our technical expertise to manage a global network of energy infrastructure that we deploy to help meet supply and demand flows worldwide. Our trading and logistical expertise is supported by a suite of proprietary technology applications that we build and maintain in-house.

From more than 40 offices worldwide, we seek to add value across the energy supply chain, including deploying our scale and market understanding to help facilitate the energy transition. To date, we have committed over $2 billion of capital to renewable projects and sustainable energy solutions. The focus of our business is changing, and we are always looking for new people to help build the company for the next decade and beyond.

We are a flat organisation that has a collaborative and entrepreneurial ethos. Vitol’s people are empowered to own their decisions and take responsibility for their actions. The culture is underpinned by our core values of integrity, honesty and humility. Our colleagues comprise c.1,600 people with 65+ nationalities represented, making us a truly global organisation.

For more information: www.vitol.com

Our latest ESG report can be downloaded here: https://www.vitol.com/about/esg-report/

Industry
Oil, Gas & Mining
Company Size
1,001-5,000 employees
Headquarters
Rotterdam, NL
Year Founded
1966
Website
vitol.com
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