The primary function of this position is to set the strategic direction and manage personnel, work processes and information pertaining to the integrated cycle of demurrage from hydrocarbon marine transportation, which involves marine based load/discharge event times, receiving and analyzing demurrage claims, negotiating and making appropriate settlement payment, rebills to 3rd parties, collection of rebills, financial and operational reporting and optimization of tools, processes and/or manpower to prevent and/or mitigate future delays resulting in costly demurrage.
The Manager, Demurrage Control must utilize a thorough understanding of the entire supply chain and financial impact of all processes and transactions pertaining to demurrage. Also, this position is responsible for reviewing supply purchase and sale agreements to ensure appropriate contractual consideration given to demurrage obligation, analyze contractual arrangements and cargo transfer operations to identify demurrage issues and advise appropriate parties in order to help avoid demurrage, confer with traders, schedulers and terminal operations personnel to raise the level of demurrage awareness. Work with Credit, customers, and Suppliers to maintain current account receivable balances.
This position is also responsible for root cause analysis of demurrage, process re-engineering and optimization of demurrage, as well as the implementation of corrective actions to reduce the financial and operational impact from demurrage. This involves a close monitoring and contact with third parties and business partners on demurrage causes, as well as the assessment of its operational and financial impacts to CITGO, including but not limited to the development of the right channel of communication with PDVSA at all levels involved in the demurrage analysis and problem solving. This position is CITGO leading voice and representative to address demurrage items with PDVSA.