Demurrage Analyst

Houston , Texas, United States

Job Reference 1196753

Location Houston , Texas, United States

Industry Oil & Gas - Downstream

Function Financial & Accounting

Job Type Contract

Date Added November 13, 2023

Our client, a major Oil and Gas company, is looking for a Demurrage Analyst to work on an 8-months contract in Houston, TX.
  • The Demurrage Analyst is responsible for the accurate and timely review, negotiation and settlement of demurrage claim activities associated with marine voyages, avoiding all time bars in filing or rebilling demurrage claims, while maintaining compliance with all the company policies and values.
  • The Demurrage Analyst will work with stakeholders to mitigate operational delays, reduce demurrage cost, drive recovery efforts, and help manage the company overall demurrage exposure.
  • The Demurrage Analyst provides to the company Marine, Commercial Trading, and Global Supply Chain & Logistics with guidance on demurrage matters, as well as works with Contract Administration to review and optimize contract language in respect to Laytime and Demurrage wording and standard long-term contract forms.
  • The Demurrage Analyst also supports `vessel delay reduction efforts' across company functions and locations by capturing and reporting demurrage root causes and driving continuous improvements on identified operational areas.
  • Evaluate Charter Party and Commercial Agreements to identify, analyze, negotiate, and settle demurrage claims owed to the company or filed against the company.
  • Ensure all claims are entered into system of record (IMOS) within 7 days.
  • Ensure all claim documents are archived properly (LiveLink).
  • Maintain compliance with authority limits, assurance processes and all business controls.
  • Participate in the development of the Global Demurrage team goals.
  • Lead business improvement opportunities to improve demurrage results and overall exposure by identifying personal training needs and engage Marine and Commercial stakeholders (through cross-functional trainings, regular meetings and discussions, involvement in contracts, terms & conditions and ownership of marine provisions).
  • Developing and maintaining relationships with industry representatives to create an environment of equitable resolution of demurrage issues.
Required Qualifications:
  •  Strong analytical skills.
  • 3-5 years of related experience.
  • Good planning and organizational skills. Ability to handle multiple tasks concurrently.
  • Quick learner with good communications and teamwork skills with preference for action, accountability, and developing alternatives and solutions.
  • Strong computer proficiency in Microsoft Office and the ability to learn new systems as required (IMOS, SAP, Power BI, etc.).
  • Bachelor's degree.
Preferred Qualifications:
  • Maritime degree or experience in Commercial or Commercial Marine area.
  • Good understanding of contracts, charter parties, and key laytime and demurrage provisions and the terminology associated with the petroleum industry, marine and terminal operations, commercial commodities, for both ships and barges.
  • Good understanding of main financial / economic principles.
  • Strong desire for personal learning and sharing of skills with others.
  • Ability to effectively influence and negotiate prudent settlements.
  • Experience in using SAP, IMOS, and Navarik.

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