Commercial Specialist
2 days ago
Contract and LC Management
- Review and vet purchase/sales contracts, ensuring alignment with organizational objectives and risk management strategies
- Co-ordinate with finance team to ensure LC or any other financial instrument as per contract terms is issued on time.
- Provide legal team with all relevant contract information, terms, and documentation to support legal analysis and compliance and collaborate to address contract-related legal matters.
- Implement MIS with a well-organized contract repository for efficient contract tracking and management
- Advise the concerned team for currency / index hedging (if required) to mitigate risks associated with trade contracts
- Amend contracts as necessary to accommodate changes in business conditions, regulations, or customer requirements basis necessary approvals
Collections and Payments
- Oversee the collection of cargo value from credit customers in adherence to contractual terms
- Manage the collection of quality-related premium and penalty payments
Commercial Operations and third party coordination
- Oversee and ensure prompt delivery of invoices and debit notes to customers
- Address customer grievances, inquiries, escalations and requests prioritizing customer satisfaction
- Track process customer refunds in adherence to contractual agreements
- Facilitate the timely signing of contracts, collection of payments, and sharing of relevant documents for shipment
- Oversee vessel discharge and customs clearance for smooth operations
- Collaborate with third parties for contract signing, payment collection, laytime settlement, and contract closures
- Oversee third-party transportation-related billing and refunds, maintaining accuracy and compliance
Digitisation and Automation
- Support comprehensive digitization strategies to optimise operational efficiency
- Innovate and implement automation solutions to support overall organisational goals / strategy
- Education - Graduate, PG Preferred
- Exepreince - 10+yrs of experience
- Preferred Industry- Commodity Trading
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