Voyage Claims Analyst

at  BP

JOB DESCRIPTION:

The Voyage Claims Analyst is responsible for invoicing for all post fixture claims on their portfolio of vessels. The role requires calculating, negotiating and settlement of all claims with BP entities, vessel owners and charterers including oil majors, trading companies and brokerages. The Team work in close co-operation with the Trading & Shipping community to provide analytical information and guidance to the team of BP charterers, in order to avoid losses under the charter parties and to ultimately improve chartering profits.

KEY ACCOUNTABILITIES:

Manage and responsible for a busy portfolio of vessels.
Provide commercial expertise in the financial execution/implementation of charterparties for BP Shipping.
Management of all financial aspects of a voyage for Owned and Time Charter fleet in accordance with BP Shipping Policies and Commercial Procedures:
Review of recap to understand all commercial aspects and highlight any recoverable, advising stakeholders of opportunities to optimise voyage earnings.
Track vessels to identify potential claims.
Calculation and issue of invoices for freight, hire, demurrage, deviation, and other claims. Update key stakeholders if the overall voyage earnings are impacted.
Negotiation of claims issued.
Verify and pay vendor invoices for voyage related costs (including but not limited to bunker and broker commission invoices).
Prepare and manage hire payments, off hire calculations, recovery of costs, external profit share calculations and vessel performance claims.
Manage month end financial close process for portfolio, including timely income/cost accruals calculations, provision entries and support T&S Finance with any P&L queries.
Highlight accounting entries that need to be made and submit journal requests when required.
Ensure Anti Money Laundering policy is strictly adhered to.
Build and maintain effective relationships with internal and external stakeholders to ensure optimal commercial performance for BP Group.
Support the team with projects, training, and coverage.
Provide feedback to charterers on potential opportunities to optimise vessel income. Support continuous improvement from a Voyage Claims perspective.
Provide commercial assistance to the oil and ship operators, oil traders and ship charterers.
Provide training and develop awareness of Voyage Claims activity and improvement across the RPTE business and beyond.
Ensure compliance with all BP policies and procedures including Anti Money Laundering policy, Shipping policy and team credit control requirements.
Work collaboratively across the Voyage Claims team to ensure delivery against our full portfolio.
Any other duties or ad-hoc projects as may be required.

ESSENTIAL EDUCATION & EXPERIENCE:

Finance/Accounting/Economics qualification.
2-3 years relevant experience.

SKILLS:

Ancillary cost management, Commercial Acumen, Communication, Competitor intelligence, Customer service delivery excellence, Demurrage, Developing and implementing strategy, Group Problem Solving, Influencing, Inventory Management, Listening, Marine assurance, Mentoring, Negotiating, Shipping/transport, Supply chain management, Trade discipline and compliance, Trading and scheduling operations, Trading Fundamentals, Sentiment and Trends, Trading knowledge, Troubleshooting, Voyage operations

Please refer the Job description for details