Deputy/ Assistant Manager - Coal - Chennai

Deputy/ Assistant Manager - Coal - Chennai - 2018-02-12

Date expired: 
Fri, 04/13/2018
Experience Requirements: 
Not requirements
Job Description:

Job Purpose: <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /??>

  • To expand trade in East Coast of India for selling steam coal on FOB , CIF, Delivered and stock and sale basis
  • To set up liasoning in PSU business( small lots) for tender participation

Key challenges:

¡         Initiate business in East Coast of India

¡         Provide regular feedback and market intelligence

¡         Establishing oneself in the coal market and gaining market credibility and trust.

Overview of responsibilities:

¡         Responsible for  new market development

¡         To take up market intelligence activities and build up a database , MIS

¡         Managing coal/ petroleum trading operations from the vessel to the customer and ensuring timely delivery of product to the customer.

¡         To obtain counterparty approvals

¡         Limit sanctions to be followed strictly

¡         Meeting sales targets as defined by the senior team

¡         Developing new accounts by identifying new customers

¡         Facilitating deal/transaction documentation by coordinating with various departments involved in the transaction

¡         Preparing sales contracts and critically reviewing purchase contracts as prepared by customers  and complete management of sales transactions

¡         Ensuring high level of customer satisfaction by timely redressal of customer grievances through site inspection, communicating issues to suppliers and resolving complaints to maintain cordial relationships with customers

¡         Assisting Senior Trader/Vertical Head in expanding customer base through new market development

¡         Assisting Senior Trader/Vertical Head in formulation and implementation annual business plan

¡         Keeping track of competitor moves and global market trends and preparing market intelligence data for effective decision making

¡         Ensuring adherence to statutory compliances and company SOP.

¡         Ensuring timely receipt of payments by coordinating with accounts department for late payments and follow up with customers and maintaining zero overdue or bad-debts.

¡         Preparing daily, weekly and monthly MIS reports with respect to coal price movements and market trends and analyzing the same

¡         Preparation of daily business reports

¡         Nomination of vessel to buyers and suppliers and getting their confirmation

¡         Follow up with buyers/shipping dept for nomination of vessel in time

¡         Coordination with finance over negotiation of documents and receipt of payment

¡         Laytime calculations

¡         Preparation of master data of pending dem/dispatch.

¡         Overall responsible for timely SAP entries and monitoring the same

¡         Maintaining update data for  which may be provided for preparation of relevant presentations.

Knowledge and skills required:

¡         Knowledge of the coal industry trends across the globe

¡         Good analytical skills and ability to interpret market intelligence data for effective decision making

¡         Ability to liaise effectively with external agencies

¡         Good networking skills


¡         CA and/ MBA in Marketing/ Trading <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /??>

Minimum Experience Level:
6 - 10 Years

Report to:
Assistant General Manager

Job Id: