Demurrage Analyst

Description

Work schedule: 4 days in office, 1 day work from home

We are seeking a detail-oriented and proactive Demurrage Analyst to join our team, reporting to the Head of Shipping in Houston, TX. This position manages demurrage claims for crude oil transportation accurately and promptly. The ideal candidate will have strong communication skills and a solid understanding of shipping operations to collaborate with internal departments and external partners, optimizing financial outcomes and reducing risks. 

Responsibilities:  

• Manage demurrage claims by auditing and analyzing data to support the trading organization. 
• Negotiate demurrage claims with ship/barge owners and third parties. 
• Invoice third parties in accordance 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 the status of demurrage negotiations to traders and/or the Risk Department. 
• Collaborates with Finance/Accounting to ensure efficient and accurate processing of demurrage payables and proper billing of receivables. 
• Dispute demurrage bills as necessary and resolve accounts payable discrepancies. 
• Proactive communication, efficient coordination, and strong organizational skills to maintain smooth operational performance and service quality. 
• Ensure all data and operational inputs are accurate, timely, and standardized across systems.  
• Ensure compliance with internal controls, policies, and procedures. 
• Reviews contracts and advises traders on lay-time and demurrage adjustments, while assessing third-party contracts for commercial risks.
• Schedules reviews for expiring contracts.
• Analyzes demurrage trends to understand business updates and advises the trading group on ways to minimize future risks. 
• Maintains the demurrage account balance and builds a positive P&L for the demurrage account. 
• Develop ad hoc metrics when needed.  
• Other duties as assigned.  

Requirements

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

*This position requires permanent, unconditional authorization to work in the United States as a condition of employment. Eligible candidates are limited to U.S. citizens, U.S. nationals, and lawful permanent residents (green card holders) whose work authorization does not expire, is not subject to renewal, and is not contingent upon any pending application, petition, or adjudication by any government agency. The following do not satisfy this requirement:   

 · Employment Authorization Documents (EADs) of any kind, including those issued in connection with a pending application for adjustment of status (I-485), Temporary Protected Status (TPS), DACA, or any other pending immigration proceeding;   

 · Any nonimmigrant visa status, including but not limited to H-1B, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, STEM OPT, or CPT; or   

 · Any other work authorization that is temporary, conditional, or subject to change based on a government decision. 

The Company does not offer employment-based visa sponsorship of any kind, now or in the future. 

We do not accept unsolicited resumes from third-party recruitment agencies; therefore, we will not pay any fees for resumes submitted.