Laytime Analyst

COFCO International is a global agri-business with a clear vision, strong values and a positive culture, focused on being a leader in the global grains, oilseeds and sugar supply chains. We provide the food the world needs in a responsible way. Headquartered is Geneva, Switzerland, we are ambitious, with the right structures and culture to meet the world's increasing and changing needs. With 11,000+ people in 35 countries, our global portfolio includes assets across the Americas, Europe, Africa, Middle East, and Asia-Pacific. We trade with over 50 nations, while providing farmers unique direct access to the growing Chinese market.

Job purpose

Thre global Laytime team serves COFCO International and its subsidiaries by making laytime calculations both for the commodity and freight side. As a Laytime Analyst, you will be expected to carry out the calculation, negotiation and settlement processes covering the entire trade chain. 

Responsibilities

• Coordinate with the Operations and Execution teams to ensure accurate document collection, preventing any omissions as per CP/contracts, and ensuring laytime submissions are within the required time frame;
• Perform and/or verify laytime calculations to ensure accuracy;
• Notify traders of any potential exposures due to contractual terms and discrepancies;
• Ensure that traders' instructions are followed precisely to avoid errors in laytime processing;
• Enter and monitor laytime accruals in Chartering and Trading systems (e.g., IMOS, EKA, Allegro);
• Conduct negotiations with counterparties to finalize agreements;
• Create credit/debit notes and finalize settlements;
• Review C/P and contract types issued by organizations like BIMCO, ANEC, GAFTA, NAEGA, and FOSFA, keeping up with updates and assessing their impact on laytime calculations.;
• Identify issues to be included in Global Laytime Team practices and procedures to assist team members and the company in handling similar situations;
• Propose process methodologies to help managers enhance both productivity and quality.

Requirements

• Bachelor’s Degree in Maritime, Shipping or Logistics Management;
• Degree in MICS will be an advantage;
• Minimum 2 years work experience with a Shipping or Trading company of which at least 1 year core experience in Laytime on a full-time basis;
• Experience on tanker operation preferred but not required;
• Experienced level of understanding of laytime terms;
• Familiarization with Charter Party and Sales Contract clauses;
• Experience from hybrid working or collaborating virtually;
• Advanced English level, both written and spoken;
• High computer literacy;
• Attention to details with a strong focus on contractual language;
• Ability to analyze data accurately and make suggestions & improvement;
• Technology sound with regards to using digital applications;
• Good understanding of contracts, charter parties and key Laytime/ demurrage provisions and the terminology associated with Laytime in order to perform an accurate calculation;
• Ability to negotiate with customers by making analytical calculations on laytime calculation.
   

COFCO International is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, national origin, disability status, protected veteran status or any other characteristic protected by law.   www.cofcointernational.com

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