Company
Puma Energy is a leading global energy business which supplies, stores and distributes petroleum products in 47 countries across six continents. Founded in 1997, Puma Energy has its headquarters in Singapore and Geneva and employs over 8,000 people globally with regional hubs in South Africa, Puerto Rico and Estonia and have recently setup a Global Delivery Centre in Mumbai (India).

Puma Processing Services LLP (PEPS) established in Year 2018, represents Puma Energy’s first captive offshoring unit and is based in Mumbai, India with over 200 employees.

Main Purpose:
To provide efficient finance operations and risk management for our international oil trading activities.

KEY RESPONSIBILITIES:

•Issuance of L/C’s or Bank Guarantees for our purchases of Crude and Oil Products including negotiation with banks in order to place transactions under bilateral facilities.
•Review of contracts for all transactions in accordance with company policy and procedure
•To check and approve cargo loadings and discharges whilst ensuring contractual obligations are met without exposing the company to risk or loss.
•Risk covering sales where necessary with Banks and/or Insurance.
•Release and stock management, exposure monitoring and weekly m2m of any storage positions.

•Close co-operation with our Deals Desk personnel to ensure any costs agreed by Trade Finance are allocated correctly to the separately maintained deal Profit and Loss accounts.
•Close co-operation with our Oil Operations team to ensure that our physical logistical requirements are in alignment with financial and risk considerations
•Preparation and despatch of Invoices and Letters of Indemnity (or shipping documents) for payment under Documentary Letters of Credit received from our buyers.
•The reception / recording and distribution of shipping documents – including the allocation and despatch of such documents to our trading counter-parts / financing banks enabling the prompt cancellation of outstanding LOI’s
•The regular chasing of any shipping documents not received in a timely manner from our trading counter-parts / financing banks – thus ensuring that our credit facilities are used to an optimum level.
•Ensuring timely processing of Cargo payments together with managing cash positions with the Banks.
•Closely liaising with teams in Singapore/ Geneva/ Johannesburg and other onshore Puma locations

Experience

• 5-8 years within a Trading Company / Financial institution having gained a basic understanding of the principals surrounding Trade Finance instruments and their pitfalls would be desirable
• Desirable knowledge on PEPS trading business, Finance, Inco Terms, Basics of LCs etc.
• Well-organized and pro-active, excellent communication skills, strong coordinating skills, able to demonstrate exceptional problem solving and the ability to think in a highly logical and critical fashion
• Highly diligent and sharp eye for attention to details
• Able to take initiative and not only work to, but also set their own quickly changing deadlines
• A team player, who is able to confidentially adapt their interpersonal approach as the situation demands, able to build strong relations both inter-departmentally and with external stakeholders
• An individual who is not only comfortable but thrives in a high pressure environment
• Proficiency in Microsoft Office applications, particularly Word and Excel
• Excellent spoken and written English

Key Relationships

• External – Banks, Insurance, Counterparties.
• Internal – Ops, Traders, Contracts, Treasury, Credit, Accounting & Deals Desk