Total 24 job vacancies by Vitol

Responsibilities:

• Provide initial investment review and screening of prospective investment opportunities
• Building and maintaining detailed financial and valuation models
• Creating presentations for investment proposals and other purposes
• Delivering first class analysis, insight and research on potential investment opportunities
• Coordinating and conducting due diligence on prospective investment opportunities
• Monitoring existing portfolio companies
• Supporting senior colleagues as required

Qualifications and Experience:

• Ideally completed a degree in a technical discipline with an outstanding academic record
• Strong education background
• A minimum of 6 years’ experience in an analytical role
• Strong candidates from other disciplines with real interest in energy and energy transition
• Strong quantitative, analytical skills, excel and power point capabilities
• Experience in industry due-diligence and financial modelling
• Participation in investment banking training program is an advantage
• Understanding of global energy markets preferred

Personal Characteristics:

• Strong technical and analytical skills
• Great attention to detail
• Able to work under pressure, meet deadlines and multi-task in a fast-paced environment
• Highly motivated and able to flourish in a high-commitment environment - we are looking for a self-starter with an entrepreneurial spirit
• Humility: Humble, down-to-earth and eager to learn
• Enthusiastic and willing to contribute wherever it is needed
• Results oriented, disciplined, able to synthesize detailed information
• Team player, with an open non-political style and a high level of personal integrity
• First-class communicator

The candidate will be familiarised with the credit risk profile of the businesses within Asia.  Escalating significant credit risk issues, facilitating the execution and improvement of risk management processes and providing solutions to traders to achieve the business objectives.

Key Responsibilities:

• Support onboarding and assess the credit worthiness of trading counterparties
• Prepare and monitor credit exposures, limits and overdues of the Asian portfolio on a timely basis
• Prepare credit reviews and requests to Credit committee
• Provide inputs to improve credit risk frameworks, processes and methodologies for new products and markets
• Advise and work with various stakeholders to implement appropriate credit mitigation tools including insurance, trade finance, netting and guarantee agreements
• Keeping abreast of market news and developments impacting portfolio
• Participate in counterparty meetings with traders and marketers
•  

• Analyse charterparties and all related shipping documents and create and compute demurrage and shipping-related claims with shipowners;
• Review charterparty related demurrage and shipping costs claims received;
• Analyse sale contracts and all related documents (including GTCs) and create and compute demurrage and shipping related claims with counterparties, including suppliers, receivers and terminals;
• Review demurrage and sales contract related demurrage and shipping costs claims received;
• Counter and negotiate settlements; Liaise with the internal business where required;
• Develop and maintain strong relationships both with counterparties and with the internal business;
• Assist in regularly reporting outstanding positions to Management;
• Keep abreast of industry developments and legal case law to ensure charterparty and/or trading terms are relevant and updated.

• Analyse charterparties and all related shipping documents and create and compute demurrage and shipping-related claims with shipowners;
• Review charterparty related demurrage and shipping costs claims received;
• Analyse sale contracts and all related documents (including GTCs) and create and compute demurrage and shipping related claims with counterparties, including suppliers, receivers and terminals;
• Review demurrage and sales contract related demurrage and shipping costs claims received;
• Counter and negotiate settlements; Liaise with the internal business where required;
• Develop and maintain strong relationships both with counterparties and with the internal business;
• Assist in regularly reporting outstanding positions to Management;
• Keep abreast of industry developments and legal case law to ensure charterparty and/or trading terms are relevant and updated.

The Regional Tax Assistant Manager/Tax Senior Accountant plays an essential role within the APAC Tax team, supporting the Regional Tax Managers on both direct tax and indirect tax compliance for the APAC region, as well as serving as a key liaison between the APAC Tax team and cross-functional business stakeholders on various global and regional tax projects.

Responsibilities: 

1. Tax Compliance & Provision

• Assist in preparing tax schedules and managing tax compliance reporting and payment deadlines and other related matters for approximately 25 entities within the APAC region (i.e. GST, VAT, CIT, WHT, TP), including working with external tax consultants and reviewing their deliverables.
• Assist in preparing monthly tax provisions for Singapore entities.
• Assist in preparing and liaising with external tax consultants on Assisted Compliance Assurance Programme (“ACAP”) for GST and Tax Risk Management and Control Framework for Corporate Income Tax (“CTRM”).
• Assist in preparing responses to information requests by tax authorities.
• Keep abreast of changes and/or developments in tax laws and administrative practices for APAC and analyse the corresponding implications.

1. Tax Process Optimization & Risk Management

• Support the Regional Tax Managers on tax risk management for APAC, with a primary focus on Singapore entities.
• Identify opportunities for streamlining and improving direct tax and indirect tax processes to enhance efficiency and accuracy.
• Design and implement best practices to optimize workflows and ensure compliance with relevant tax regulations.
• Collaborate with cross-functional teams to implement changes in tax processes, systems and/or compliance requirements, including providing training to internal teams and users on process improvements, ensuring awareness and adherence to compliance standards.
• Maintain comprehensive documentation of direct tax and indirect tax processes and internal controls/procedures.

1. Tax Systems & Technology Integration

• Triage tax issues raised by users to identify root causes and support/resolve accordingly.
• Collaborate with IT teams and/or external system developers to translate business/tax requirements into technical solutions, as well as to test, implement and enhance tax technology solutions for automation and efficiency.
• Evaluate and recommend new technologies that can improve direct tax and indirect tax processes.

• Maintaining detailed position summary for respective business unit
• Compiling daily profitability reports enabling traders and brokers to determine how market moves are impacting their positions
• Contributing to the weekly summary to Board on P&L movement
• Ensure all deals have an accurate Mark to Market
• Maintain, calculate and issue daily price exposure to the Matrix
• Maintain profit/ loss reporting to ensure these are accurate at all times
• Conduct adhoc analysis as required by brokers, traders, marketers and Management
• Overseas work/ study experience will be an advantage

Key responsibilities:

1. Working with the Asia Pacific General Counsel on non-trading and shipping matters including investments, merger and acquisitions, financing (including prepayments), other corporate and regulatory matters; 
2. Providing day to day support in relation to non-trading and shipping matters such as guarantees, non-disclosure agreements, etc;
3. Working with and managing external counsel in connection with all non-trading and shipping related contentious and non-contentious matters; and
4. Working closely with the Compliance team including in connection with the drafting and negotiation of sanctions, anti-corruption provisions and regulatory matters.

The main tasks will be:

• Provide in-house CTRM support to worldwide users during their day to day tasks (including pricing, exposure, pnl, VaR, invoicing matters and more), escalate supports when required to development team and ensure following-up with them. Ownership required on each support to provide best service.
• Understand and challenge CTRM’s enhancement requests from users, in order to liaise with development team.
• Train new comers, as well as current users when required, on any part of the CTRM and/or other in-house applications.
• Operation and problems solving of business applications including jobs monitoring, interfaces and servers in close collaboration with DBA, network, infrastructure and development teams.

Job Description:

• Responsible for all activities related to offshore crude and product-sourcing to ensure cost competitiveness and timely supply;
• Originate, develop and execute new business arrangements;
• Develop and implement assurance and governance processes associated with stabilising, tracking and reporting on arrangements and transactions made.

Job Requirements:

• Good University Degree
• Minimum 10 years of relevant work experience in oil trading, wholesale customer sales and supply operations
• Commercial mindset
• Proven strong leadership abilities
• Excellent communication and interpersonal skills

We are looking for an experienced career corporate paralegal with strong secretarial skills.  The paralegal will be mainly responsible for the corporate governance of Vitol Group entities established in Singapore and the Asia Pacific regions.

Job responsibilities :

• Organise board meetings including scheduling of date and logistics
• Preparing board and committee packs in accordance with the agreed timelines, including the drafting of agendas and any other documentation required for board and/or committee meetings.
• Full spectrum of corporate secretarial duties including companies' incorporation, preparation of director'/shareholders' resolutions, ensuring good corporate governance, compliance with relevant statutory and regulatory requirements, etc.
• Maintaining the corporate database and filing of corporate records, including but not limited to board resolutions, shareholder resolutions, board of director changes, annual reports, past and present directors and officers, etc.
• Preparing KYC packs in response to counterparty due-diligence
• Drafting of intercompany agreements such as intercompany share purchase agreements, intercompany loan agreements, etc.
• Contacting notaries and embassies in order to arrange for notarisation/legalisation of documents
• Providing administrative support for documents and activities related to corporate restructurings, such as merges, formations and dissolutions
• Working with other members of the global corporate and legal teams on special projects and initiatives
• Reporting to Head of Corporate Governance based in Geneva, Switzerland and regionally report to Regional Controller based in Singapore

We are looking for an experienced career corporate paralegal with strong secretarial skills. The paralegal will be mainly responsible for the corporate governance of Vitol Group entities established in Singapore and the Asia Pacific regions.

Job responsibilities :

• Organise board meetings including scheduling of date and logistics
• Preparing board and committee packs in accordance with the agreed timelines, including the drafting of agendas and any other documentation required for board and/or committee meetings.
• Full spectrum of corporate secretarial duties including companies' incorporation, preparation of director'/shareholders' resolutions, ensuring good corporate governance, compliance with relevant statutory and regulatory requirements, etc.
• Maintaining the corporate database and filing of corporate records, including but not limited to board resolutions, shareholder resolutions, board of director changes, annual reports, past and present directors and officers, etc.
• Preparing KYC packs in response to counterparty due-diligence
• Drafting of intercompany agreements such as intercompany share purchase agreements, intercompany loan agreements, etc.
• Contacting notaries and embassies in order to arrange for notarisation/legalisation of documents
• Providing administrative support for documents and activities related to corporate restructurings, such as merges, formations and dissolutions
• Working with other members of the global corporate and legal teams on special projects and initiatives
• Reporting to Head of Corporate Governance based in Geneva, Switzerland and regionally report to Regional Controller based in Singapore

Qualifications :

• Minimum 8 years of relevant experience working in a law firm or company corporate department with experience in company law and familiar with handling ACRA matters
• ICSA or equivalent Company Secretary qualified
• Capable of prioritising and managing own workload
• Able to work collaboratively as part of a team
• Well organised and an eye for detail
• Excellent written and oral communication skills
• Excellent command of English is a must
• Able to liaise with people across all levels of seniority
  

Job Description:

• Support the day-to-day running of the trading desk
• Maintain detailed position summary for the traders and matrix as a whole
• Monitor traders’ exposures and ensure that the exposures are properly documented and calculated in a consistent manner
• Monitor and follow-up on hedge positions for futures that are near expiry
• Provide commentary on the daily profitability reports to explain P&L movements
• Perform adhoc analysis as required by the traders

Requirements:

• Diploma holder and above
• At least 6 - 7 years of work experience in a financial institution/ accounting firm
• Highly numerate with a strong ability to work with numbers and large data sets
• Good proficiency in Microsoft Excel
• Good understanding of the oil industry/ financial markets/ trade life cycle will be advantageous
• Experience working with a trade capture system is desirable

Personal characteristics:

• Strong sense of accountability and ownership of key deliverables
• Curious, creative and up for a challenge
• Meticulous with an eye for details
• Multitask and with an ability to work accurately under pressure and in a fast-paced environment
• Good communication skills (both verbal and written)

Vitol is a leader in the energy sector with a presence across the spectrum; from oil through to power, renewables and carbon. It trades 8 million barrels per day of crude oil and products and, at any time, has 250 ships transporting its cargoes.

Vitol’s clients include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves clients from some 40 offices worldwide and is invested in energy assets globally including: circa 16mm3 of storage globally, 480kbpd of refining capacity, 7,000 service stations and a growing portfolio of transitional and renewable energy assets. Revenues in 2019 were $225 billion.

Job Description :

• Works closely with the accounting team, other departments and overseas colleagues to ensure a smooth closing of accounts of companies managed in Singapore.
• Assists in the monthly, quarterly, and yearly closing of accounts to ensure accurate and timely reporting of financials to Head Office. This includes preparation of year-end report packages, financial statements and schedules for statutory reporting.
• Involves in accounting related to trading activities, budget monitoring and ensures accuracy of profit and loss.
• Handles accounting related queries and issues on a timely basis.
• Assists in statistics and survey preparation and submission as and when required.
• Assists in audit confirmation preparation.
• Complies with company policies, internal control procedures and accounting standards.
• Assists in the UAT (User acceptance testing) in relation to system enhancements.
• Perform accounting and other ad-hoc duties as assigned.

Qualifications :

• Bachelor of Accounting Degree or equivalent
• Minimum 5 years work experience in accounting or auditing, good knowledge or experience in commodity trading transactions
• Proactive, flexible and team player
• Rigorous, committed and good organization skills;
• Strong analytical skills
• Good communications skills and able to interact with other people
• Good working knowledge of FRS and IFRS a plus

The Product Analyst (PA) role supports all day-to-day running of the trading desk, ensuring a detailed position summary is kept for the traders and for the matrix as a whole (if applicable) and that the traders' exposures are monitored. This may involve the consolidation of data for the trading matrix. 

The PA is also accountable for a broader range of activities on the desk, e.g. risk/ exposure of trades and ensuring exposure is properly documented and calculated in a consistent manner, the monitoring of futures that are near expiry (where applicable), and determining what to hedge (upon checking with traders).

The PA is expected to provide commentary on the daily profitability reports to explain P&L movements - this requires the PA to have a strong understanding of the P&L and other relevant market information related to the matrix. 

The PA provides all management information and decision support to the traders, e.g. creating reports and/or undertaking general trading, market, or other modeling and analysis on behalf of the traders.  In some cases, this may involve other activities such as rolling storage or internal projects such as supporting the setup of a new business and working with the MIS/ IT team.

• Works closely with the accounting team, other departments and overseas colleagues to ensure a smooth closing of accounts of companies managed in Singapore.
• Assists in the monthly, quarterly, and yearly closing of accounts to ensure accurate and timely reporting of financials to Head Office. This includes preparation of year-end report packages, financial statements and schedules for statutory reporting.
• Involves in accounting related to trading activities, budget monitoring and ensures accuracy of profit and loss.
• Handles accounting related queries and issues on a timely basis.
• Assists in statistics and survey preparation and submission as and when required.
• Assists in audit confirmation preparation.
• Complies with company policies, internal control procedures and accounting standards.
• Assists in the UAT (User acceptance testing) in relation to system enhancements.
• Perform accounting and other ad-hoc duties as assigned.