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2 days ago
We are seeking a Logistics and Execution Professional to manage trade-related documentation and operations. The successful candidate will be responsible for supervising cotton execution documents, coordinating procurement, and calculating daily Mark to Market (MTM) counterparty risk.
- Manage all trade-related documentation and operations, including trade contracts, purchase & sale invoices, delivery challans, delivery orders, and goods receipt notes.
- Supervise cotton execution documents and manage field selectors. Coordinate internally and externally to procure cotton effectively.
- Calculate daily MTM counterparty risk.
- Coordinate with the finance department to perform tasks such as booking purchases, sales, transfers, etc., in the system.
- Verify all documents for accuracy, including sales tax calculations, transport documentation like road permits/way-bills, carrier responsibilities, and dispatch documentation.
- Perform book closing procedures, including monthly stock reconciliation, physical stock verification, and preparing monthly stock reports.
- Communicate with stakeholders involved in the cotton trade, such as brokers, ginners, customers, and cotton selectors.
- Verify vendor/service provider bills against work orders for correctness and authenticity.
- Review legal documents regarding scope and expiry, and amend them as per regulatory, business, or legal needs.
- Maintain proper filing and documentation for future reference and audits.
- Release reports on a daily, weekly, fortnightly, monthly, and yearly basis.
- Maintain and update the inventory file daily.
- Manage cotton positions.
- Assist in cotton imports.
The ideal candidate will possess a business graduate degree or ACCA qualification, along with 6-8 years of experience in domestic execution.
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