Singapore Petroleum Company Limited Jobs Founded in 1969, SPC has interests in oil and gas exploration and production, refining, terminalling and distribution, marketing and trading of crude and refined petroleum products.SPC is a reputable supplier of bunker fuel to international shipping companies at the Singapore port and jet fuel at several international airports in Asia-Pacific, including Singapore Changi Airport. SPC also owns the third largest island-wide retail network of 40 service stations in Singapore, providing quality and reliable round-the-clock services to the motoring public.
To strongly uphold the core values of “Integrity, Initiative, Safety and Harmony”, SPC regularly reviews its corporate governance processes to ensure high standards in HSE, financial control, risk management and to conduct business professionally, ethically and safely, thus delivering excellent value to customers. SPC is committed to continually care for people and the environment by supporting community activities and
PetroChina International (Singapore) Pte. Ltd.
Provide legal services and support to Business/Service Units.
To prepare, review and advise on contracts and other legal matters, as required.
Negotiate and resolve disputes in relation to Trading and other businesses.
Maintain compliance with laws and internal regulations with regards to Trading and other businesses.
Monitor and keep abreast of any changes in the law and advise the Management on the impact of such on the business and operations, recommend strategies and solutions for compliance when necessary.
Market Risk Executive
Daily price updates and forward curve management.
Update daily position and profit & loss in Mark to Market (MTM) report with analysis of profit & loss drivers.
Monitor trading exposure and profit & loss against risk limits.
Analyze the market and summarize the performance for each trading team.
Perform monthly reconciliation of the reported MTM profit & loss against actual financial performance.
Provide administrative support to the business and service units
Manage housing matters for expatriates e.g. liaising with agent, accommodation finding, lease signing, application of passes & services, arrangement of repair and maintenance services, and rental payment
Manage and maintain office environment/assets in good working conditions
Manage and arrange for maintenance of Company’s vehicles e.g. insurance renewal, road tax, repair, car leasing
Trade Support Executive
Draft and prepare sales contracts according to the deal recap and company policies.
Submit contract for internal approval and send contracts to counterparties timely.
Review counterparty contracts general terms and conditions.
Negotiate terms and conditions by consolidating advice from trading/operations/legal/finance departments.
Liaise with counterparties/bankers for Import and Export issuance.
Handle accounts receivable and payable for physical products trading deals.
Liaise with bankers for Letters of Credit (LC) negotiation, documents preparation and submission.
Liaise with Operations for trade/shipment information and follow-up with HQ on the payment signing process.
Handle cargo and direct expenses payments.
Senior Executive/Assistant Manager,treasury
Understand, manage and supervise all aspects of cash flow.
Forecast daily cash requirements and execute daily financing decisions.
Monitor foreign exchange market and currency volatility and propose for FX transactions.
Manage banking relationship and perform annual review on panel.
Evaluate, develop and implement cash management systems to optimize efficiencies.
Handle daily cash management function, monitor cash flow movements, ensure accurate and timely funding allocation.
Handle daily FX forecast, trading and position monitoring, as well as the documentation of the FX.
Liaise with banks for trade transactions on LC/SBLC/BG issuance, inward/outward remittance, trade finance and etc.
Administer the Group’s bank accounts, including bank accounts opening and maintenance of bank accounts.
Accounts Executive (AP)
Handle daily accounts payable functions such as vendors’ invoices and payment processing.
Ensure all invoices and staff claims are processed according to company accounting policies and procedures.
Prepare and post accruals and prepayment journal entries.
Prepare monthly schedules, creditors and intercompany reconciliations.
Singapore Petroleum Company Limited
Manage maintenance and repair works for all facilities and equipment
Coordinate equipment procurement
Supervise underground storage tanks and pipeline installation
Visit, assess and prepare engineering costing for new tenders
Executive (Retail Operations)
Execute network wide initiatives, programs, projects and processes for manpower management at SPC Service Stations to ensure compliance to Employment Act/Company Policies.
Develop guidelines and conduct compliance checks of the payroll documents submitted by petrol stations.
Coordinate activities with Service Station HR payroll vendor on system enhancements and trouble shooting.
Adopt and implement qualitative and quantitative methods to regularly monitor of manpower expenses at the service stations.