Associate Team Lead -Laytime Specialist

Role Purpose Statement

Bunge Limited (www.bunge.com, NYSE: BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 35,000 employees. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredients used by food companies; and sells fertilizer in South America. Founded in 1818, the company is headquartered in White Plains, New York. Bunge has implemented a Shared Services Center in Mohali, India to support Global Operations in areas of Finance & Accounting, Trade Operations, Treasury and IT Support and other back-office support Services.

The overall responsibility of the ATL- Laytime Specialist is to calculate Laytime accurately within stipulated time and eventually settle the same, following the fixture’s terms for Demurrage, Detention and Dispatch for all marine shipments executed, maintaining compliance with Bunge values, policies and procedures. The Laytime Specialist will work based on the inputs from the various trading desks, trade execution and maritime freight department, as well as external counterparties.

Main Accountabilities (List 6-8 major areas of responsibilities in order of importance, and purpose of these activities:

• Laytime (Demurrage, Dispatch, Detention) calculation, control and settlement
• Analyze charterparties and voyage documents, clarify events with trade execution and freight departments.
• Invoice customers with full supporting documentation, monitor collection and perform cash application.
• Produce and retain documentation in accordance with internal and external policies and procedures’ requirements!
• Review counterparty claims and disputes and liaise with internal and external counterparties as to the correctness of the calculation.

Additional responsibilities:

• Identify Global Transition Programs under GTE & Lead it successfully.
• Identify ideas for process improvement utilizing industry leading practices.
• Handle exceptions generated, perform root cause analysis to resolve current issues and act proactively to avert potential issues in future.
• Follow the transformation in the Commodity supply chain and help to successfully deploy the platforms like COVANTIS, SEDNA &, GLOBAL SHARE

Impact/Dimensions (Describe the strategic impact of the role / Using dollars and/or numbers, list the pertinent statistics of the position which clarify major areas of impact.  Examples are: # of employees supervised, annual budget, annual sales/revenue):

Responsible for intime calculation and revenue recognition for over 500 Vessels having dollar value of around 20 million dollars in a Bunge FY.

 Key Performance Indicators (KPIs) (Measurable outcomes that the position contributes to):

• Control of time bar cases applicable in the charter parties and/or contracts. Ensure zero revenue leakage due to time barred cases.
• Control of time bar cases applicable in the charter parties and/or contracts. Ensure zero revenue leakage due to time barred cases.
• Document control (Liaise with agents or vessel operators involved to manage the inflow of required documents). Getting the documents within 5 WD from concerned parties
• Timeline of completion of Laytime calculation
• Count of errors in the related processes
• Document control

Major Opportunities and Decisions (Describe the more difficult and/or complex challenges or opportunities and decisions faced in doing work, improving processes or meeting customer needs.  Where must position focus to be successful?):

•            Highly organized and able to work within required timeliness and applicable KPI’s

•            Flexible and adaptive to changing conditions in the business/market environment

•            Strong customer service, communication skills/soft skills

•            Attention to details, process oriented and analytical skills

•            Work well as part of a team to achieve a common objective

•            Effective decision making and problem solving

Management/Leadership (Describe the level of management and leadership skills required for the role. Identify key specialties, technical and knowledge areas necessary to accomplish responsibilities and desired results):

This is individual contributor role but should own at least 2 Value chains for end-to-end laytime ops control and look for career progression as a laytime lead.

Key Relationships, Stakeholders & Interfaces (External & Internal):

This is a role that interacts with trading, freight, Origin execution, controlling, accounting, finance desks across the regions Bunge serves.

Knowledge and Technical Competencies (Identify knowledge and specific technical competencies to accomplish the desired end results.  Some examples are licenses & certifications and knowledge and abilities):

• Good knowledge of concepts and procedures related to shipment of trade commodities and related terms & guidelines, including expertise in Letters of credit and shipping documents.
• Ability to provide high quality level of customer service to internal & external stakeholders involved in contract execution & settlement.
• Good understanding of contracts, charter parties and key laytime/demurrage provisions and the terminology associated with the petroleum industry and commercial commodities. (Preferred)
• Knowledge and understanding of marine and terminal operations. (Preferred)
• Strong facilitation, planning, organizational, and analytical skills.
• Strong desire for personal learning and sharing of skills with others.
• Ability to effectively influence and negotiate prudent settlements.
• Experience in managing people and processes through a sustained period of change.
• Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)

Note: For behavior competencies please refer to the Bunge Leadership Model

Education/Experience (Identify types and length of education and experience needed to acquire the necessary skills and knowledge to accomplish the desired end results.  Some examples are education & training, and years of experience):

• 5-6 years of work experience in a Vessel Ops and Laytime (Knowledge of vessel categories both in Dry Bulk and Tankers), international logistics, freight.
• Computer proficiency (SAP, Analytical tools, MS Office)
• Degree in Business Management, Logistics or related field

Distinct Advantage

• Experience working in a similar Shared Services Centre setup.
• Experience in processing of high volumes of transactions
• Experience in workflow tools and document imaging systems
• Strong customer service, communication skills/soft skills

Bunge (NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Founded in 1818, Bunge’s expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe. The company is headquartered in St. Louis, Missouri and has 25,000 employees worldwide who stand behind more than 350 port terminals, oilseed processing plants, grain facilities, and food and ingredient production and packaging facilities around the world.

Bunge is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, transgender status, national origin, citizenship, age, disability or military or veteran status, or any other legally protected status.  Bunge is an Equal Opportunity Employer. Minorities/Women/Veterans/Disabled