Trading Operator
Gulf Petrochem FZC
Total years of experience :14 years, 2 Months
Preparing and analysis of the sales and purchase contracts.
Monitoring stock inventory at the respective storage locations.
Analysis of products specification of different grades.
Sending documentary instructions, voyage order and discharge instructions for terminal and vessels.
Nominating inspectors for quality and quantity inspection.
Cooperating with shipping department for smooth movement of vessel.
Cooperating with finance with preparation of final invoices and required documents.
Review and process the payments of Inspection companies, shipping agents and intercompany payments.
Budgeting the requirement of products for various GP storage locations.
Review of demurrage claims for each voyage.
Gasoil and Fuel oil blending.
Clearing of Vessels at load and disport with the respective counterparts.
Analysis of products specification
Sending documentary and loading instruction for load port terminal.
Nominating inspectors for quality and quantity inspection.
Monitoring loading of the cargo and BL checks
Sending the discharge instruction for terminal or respective counterparts at dispot.
Preparing the sale contracts and sending the counters.
Cooperating with shipping department for smooth movement of vessel.
Cooperating with finance with preparation of final invoices and required documents.
Review and process the payments of Inspection companies, shipping agents and intercompany payments.
Follow up on the receivable from various counterparts.
Stock Monitoring of Mozambique and Zimbabwe storage.
Onshore Customer wise accounts - Sales/Receivable/Contracts/PFI/Invoice
Moz and Kenya customer recons: with discharge qty, release qty, invoice qty, payments, Recon for HC to Release Order, Recon for HC to Sales etc.
Checking & recording contracts and pfi for Ex Tank sales
Reconciliation of memo record with accounting records of SOCAR.
Assist in back office activities (documentation - LCs, Invoicing, etc.) related to Mozambique and Zimbabwe business.
Inventory reporting for Sold, Unsold, released, released not uplifted for vessels having stock and expected vessels.
Reconciliation of inventory at the end of every month.
Daily Moz and Mozambique stock updation for the storage in Beira and Matola and Zimbabwe Oil Storage.
Review payment of Inspectors, Clearing Agents, CFM Invoices.
(i) Maintenance of the accounting records for Mozambique and Kenya
Bank & Cash book checks on a daily basis
Interacting with the Accounting firm on monthly accounts closure
Bank accounts reconciliation.
Deal actualization
(ii) Treasury Management for Mozambique and Kenya in co-ordination with GPL’s finance team.
Monthly treasury requirement for Mozambique and Kenya.
Processing of payments and funds transfer requirements.
(iii) Maintaining accounting / memo records for Mozambique and Kenya business as a “Profit Centre” or “SBU”-
Onshore Customer wise accounts - Sales/Receivable/Contracts/PFI/Invoice
Processing of LC s.
Requesting and monitoring banks financial Releases records
Moz and Kenya customer recons: with discharge qty, release qty, invoice qty, payments, Recon for HC to Release Order, Recon for HC to Sales etc.
Checking & recording contracts and pfi for Ex Tank sales
Reconciliation of memo record with accounting records of GPL
Assist in back office activities (documentation - LCs, Invoicing, etc.) related to Mozambique and Kenya business.
Inventory reporting for Sold, Unsold, released, released not uplifted for vessels having stock and expected vessels.
Reconciliation of inventory at the end of every month.
Daily Moz and Kenya stock updation for the storage in Beira and Matola and Kenya Oil Storage.
Review payment of Inspectors, Clearing Agents, CFM Invoices.
Bank interactions on release, invoice, stock issues relating to Ex-tank business
Performed auditing of the sales register, purchase register, daybook and ledger of
various firms.
Preparing of the profit/loss account and balance sheet of the firms.
Computation of taxable income and filing of income tax returns of the individuals.
Processing of cash vouchers and cash receipt.
Processing of Deposit slips and Real time gross settlement (RTGS).
Processing of bank receipt and bank payment entries.
Verification of Bill of Entry and invoices of the materials received before the final payments to the foreign vendors.
Processing and booking of invoices.
Verification of duplicate cheques by extracting dupe report.
Extraction of payment run and uploading it in to citi direct.
Processing of provision entry of month end bank charges.
Monthly TDS reporting.
Preparation of month end JV’s.
Calculation of exchange rate gain and loss.
Cooperated with the countries controllers to identify and eliminate discrepancies and irregularities.
Solving of issue related to bank payments and bank receipt entry.
Have done 2 months of internship in Corporation Bank, Head office , mamgalore.
Was a NCC Cadet and holder of 'B' and 'C' certificate.