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Head of Fuel Trading Operations

2 months ago


New York, New York, United States Coda Search│Staffing Full time

Coda Search is collaborating with a prominent energy firm that operates extensively in the Northeast region. This organization stands as one of the leading energy service providers, catering to a vast clientele and achieving substantial revenue milestones. The firm is in search of a Director of Fuel Trading & Logistics who will take charge of the procurement and transportation of petroleum and propane commodities throughout the Northeast. This role also encompasses the oversight of inventory management, the development of hedging strategies, and the exploration of innovative trading methodologies.

This organization has demonstrated a consistent trajectory of growth, and this role will be pivotal in managing the daily logistics and trading operations for its energy assets, reporting directly to the Senior Vice President.

Key Responsibilities:

  • Manage the logistics and tracking of all inventory and distribution activities.
  • Establish and nurture domestic and international partnerships with external suppliers.
  • Oversee and strategize hedging activities.
  • Execute trades while monitoring profit and loss fluctuations.
  • Develop Excel models to project inventory levels and trading strategies.
  • Manage banking relationships and credit lines effectively.
  • Prepare both short-term and long-term inventory forecasts.
  • Collaborate with counterparties and review contractual agreements.
  • Work closely with senior management to ensure a steady supply of products to clients.

Qualifications:

  • Bachelor's degree is mandatory.
  • In-depth knowledge of logistics and supply chain management.
  • Experience in petroleum, propane, or heating oil sectors is essential.
  • A minimum of 7 years of relevant experience is required.
  • Proficient in advanced Excel functions, including Vlookups and pivot tables.