Demurrage Analyst

3 weeks ago


Houston, United States Unipec America Inc Full time

Description:
The **Demurrage Analyst** is responsible for the accurate and timely review, issuance, negotiation, and settlement of demurrage claims associated with the transport of crude oil and other oil products for UNIPEC America. The analyst will interface with 3rd parties, including owners, major oil companies, and trading companies ensuring proper management of demurrage claims. This role closely collaborates with trading operations, finance, legal, and compliance to ensure accurate information and guidance are being provided to the traders to reduce risk and exposure to the company and optimize trading profits.

**Responsibilities**:

- Manage assigned demurrage claims, properly auditing and conducting data analysis in support of the trading organization.
- Negotiates demurrage claims from ship/barge owners and third parties.
- Invoices third parties in line with charter party and commercial contract terms
- Builds and maintains professional relationships with internal and external clients.
- Actively communicates with counterparties to ensure timely collection of receivables.
- Reports status of demurrage negotiations to traders and/or Risk Department
- Work closely with Finance/Accounting to ensure efficient processing of demurrage payables and proper billing of receivables.
- Disputes demurrage bills as necessary and resolves account payable discrepancies.
- Communicate with the shipping team to proactively minimize and avoid potential demurrage issues.
- Thoroughly review contracts and advise traders when lay-time and demurrage language require realignment.
- Review third-party contracts and proposals for potential commercial risk
- Schedules reviews for expiring contracts
- Analyzes demurrage trends to understand business updates and advises the trading group in ways to minimize future risk.
- Develops ad-hoc metrics when needed.

**Requirements**:

- Bachelor's Degree in Maritime, Logistics, or related field.
- 5+ years relevant demurrage analysis experience, or operation experience.
- Experience with charter party agreements and general terms and conditions.
- Shipping knowledge is strongly preferred.
- Meticulous and has a keen ability to analyze data.
- Ability to analyze large data and create metrics from multiple sources.
- Communication effectively and professionally both verbally and in writing.
- Strong critical thinker and problem solver.
- Highly motivated and a team player.
- Successful multitasker and can perform under pressure and strict timelines.
- Advanced Microsoft Office Applications.
- Knowledge and exposure to contract interpretation.
- Excellent negotiation skills and ability to create strong relationships.

We are not accepting unsolicited resumes from third-party recruitment agencies; therefore we will not pay a fee for resumes submitted.


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