Assistant Accountant recruitment
Position Purpose
The main focus for this role is origination of Iron Ore. With the transformational changes in the industry, the emergence of derivatives markets and the collapse of the annual benchmark system we see many opportunities for CFI to grow our relevance in the global iron ore trade and this role will play a critical role achieving our strategic objectives.
Responsibilities:
- 30% - Build successful relations with iron ore exporters with the goal of getting access to spot and long term iron ore via either fixed or floating price structures
- 20% - Proactively provide ongoing market info and prices to our iron ore sales teams, derivates team, OT and other CFI's trading teams across the globe
- 20% - Ownership of SD and active involvement in overall SD analysis
- 20% - Responsible for ensuring the logistics and execution of the shipments be completed as per contract. Working with suppliers, logistic providers, ports, barge lines, etc to ensure that we meet deliveries and deadlines on cargoes/shipments.
- 10% - Support trading in the physical and Futures market
Internal / External Contacts :
- Sales Team
- Derivatives Team
- Operations
- ETI
- Customer
Challenges :
- Maintaining good communication
- Using of new tools to hedge price risk
- Smooth execution of contract
- Keeping the SD model updated
- Developing new deals, sustainable trade flows
Magnitude/Scope:
- Impart Area : Vol
- Annual Amount : Grow our total iron ore origination from 5-7 mmt to 15-20 mmt within 2 years
January 8, 2012
• Tags: Accounting & Finance careers in the Singapore, Assistant Accountant recruitment • Posted in: Financial