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Contracts Specialists for a commodity MNC

Keywords / Skills : Operational knowledge of Purchase and Sales of Goods Contracts for Bulk Commodities

3 - 8 years
Posted: 2018-11-09

Nationality
Singapore
Industry
Comodities Trading
Function
Legal
Role
Other Legal & Compliance - Contracts
Education
Bachelors
Degree
Posted On
9th Nov 2018
Job Description
  • 3 to 8 years of contracts gained in a commodity trading environment 
  • Operational knowledge of Purchase and Sales of Goods Contracts for Bulk Commodities 
  • Has MNC experience 


Our client is a renowned commodity MNC. It is now looking to hire 2 hands-on contract specialists (one at officer and one at specialist level) for its Iron Ore business.

Key functions 

Deals Validation
  • Check and validate the daily trade entries in Aspect system against the physical deal blotters and Trade Recap, thereby providing key point of control. 
  • Ensure the accuracy of data in the system through the validation of the daily trade entries, which has a direct impact on the commercial invoices 
  • Ensure all deal blotters are appropriately reviewed and signed off and then properly filed and stored in the relevant systems 


Contract Management
  • Manage both supplier and customer communications and negotiations regarding contracts. 
  • Analyse and identify potential operational issues prior execution that arise from the different contractual terms between purchase and sales contracts and propose resolutions to mitigate such operational risks. 
  • Draft both purchase and sales contracts independently 
  • Submit contracts to suppliers and customers for review. 
  • Liaise with suppliers and customers to agree final terms, escalation to legal and / or Ferrous Trading Purchasing Managers and Iron Ore Marketing Sales Managers 
  • Monitor execution of contract and subsequent filing of all contractual documentation in relevant repository. 
  • Manage approval process to deliver timely and accurate returns within the governance framework. 
  • Identify and escalate any non-standard deals or contracts. 


Contract Preparation and Execution
  • Interface with the Traders to understand and analyse key contractual terms and conditions 
  • Identify and evaluate potential contractual terms mis-matches for purchase and sales contracts and highlight to the Traders for their attention 
  • Work with the Traders to understand their strategies in retaining/ optimizing value through such mis-matches and incorporate such contractual terms in the drafting of the physical contract to protect the firm’s interest 
  • Act as a gate-keeper to protect/ minimise the potential value loss through the different contractual / commercial terms of the 3rd party purchase and sales contracts 
  • Understand and evaluate the different payment terms of the purchase and sales contracts and provide advice on workability of the contracts to manage cash flow and working capital. 
  • Compile draft and final contracts on behalf of the Traders, including addendums and variations. This requires understanding the contractual framework and structure, providing first level contracting advice to the Purchasing/Sales Managers and Sales Operations Specialists; tracking and advising on the compliance of the contractual obligations to Group Policies 


Contract Reporting
  • Provision of regular and ad hoc reporting in relation to Contract status, customer performance status, service delivery and issues associated with Contractor Administration and Preparation. 


Requirements :

  • Min 3 to 8 years of experience with contract documentation, preferably in Bulk Commodities (key focus) 
  • Operational knowledge of Purchase and Sales of Goods Contracts for Bulk Commodities 
  • Transactional or operational knowledge of detailed product specifications, delivery terms (such as laycans, demurrage penalties, etc.) or documentation requirements (bills of lading or payment requirements based on documents). 
  • Contract preparation, drafting and administration 
  • Understanding of Port and Shipping terms, activities and process 
  • Systems administration and management 
  • Good communication skills written and verbal 
  • Highly proactive with a disciplined approach 
  • Strong ability to work multiple parties from a variety of backgrounds 
  • An ability to work on own initiative and self-motivated 
  • Highly organised, strong workflow/coordination/process orientation 
  • Excellent planning and organisation skills and the ability to manage competing priorities 
  • Good numerical, analytical skills and attention to detail 
  • Excellent problem solving skills 


To apply, please send your cv in word doc to resume@cap-cg.com. Please also include details of your current salary, expected salary and notice period in your cv.

We regret to inform that only shortlisted candidates will be notified.

Posted by :

CAP Consulting (EA licence : 14C7175)

Caroline Poh (EA registration : R1105649)



About Company

About CAP Consulting

The CAP Consulting Group Pte Ltd (UEN: 201417121C | Licence: 14C7175) is a private limited company registered in Singapore. It is a recruitment firm specialising in mid to senior level searches for all roles spanning across all industries in Singapore and parts of Asia ( China, Malaysia, Indonesia etc). The co’s website is at www.cap-cg.com

We adopt the CAP approach (stands for Committed, Advisory and Partnership approach) to help clients and candidates achieve greater success and enhanced result delivery. Staffed by seasoned search consultants with established track records in the industry, we offer an unparalleled ability to match talents with job opportunities via a thorough and rigorous search process which also ensures that the most suitable professional is identified for our client within a short turnaround time.
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