CITGO PETROLEUM CORPORATION

CITGO Petroleum Corporation is a recognized leader in the refining industry and operates under the well-known CITGO brand. CITGO owns and operates three refineries located in Lake Charles, LA.; Lemont, IL.; and Corpus Christi, TX, and wholly and/or jointly owns 38 active terminals, six pipelines and three lubricants blending and packaging plants. With approximately 3, 300 employees and a combined crude capacity of approximately 807, 000 barrels-per-day (bpd), positions CITGO as one of the best-branded supplier companies in the industry.

At CITGO our people are our most important resource. Our core values are Safety, Integrity, Respect, Accountability, and Care.

Job Duties

• Supervisory Activity - Manage/supervise activities of demurrage analysts. Monitor and assist staff with their claims portfolios. Establish and maintain processes and reports pertaining to efficient processing of demurrage claims. Monitor demurrage accounts to maintain current accounts payable and receivable balances
• Demurrage Claims - Gather data and information from available resources regarding marine movements having demurrage hours. Receive, validate, analyze, negotiate, settle and pay demurrage claims resulting from marine movement of crude oil, feedstocks and refined products for CITGO. Assign demurrage cost and reasons internally to CITGO business units.
• Demurrage Due CITGO - Identification and subsequent invoicing of demurrage due CITGO from third parties. Maintain sound records of open items and diligently pursue collection of open claims including collaboration with Legal Department to pursue litigation if deemed necessary.
• Demurrage Prevention - Support CITGO's demurrage prevention efforts by identifying, analyzing and assessing root causes of demurrage, as well as establishing cause-effect relationships to determine the financial and operational impact of demurrage.
• Contracts - Review purchase and sale contracts and advise management and key professionals concerning demurrage contractual obligation issues, and the effect of CITGO's General Terms and Conditions, CITGO's Marine Provisions and CITGO's ASBATANKVOY clauses on those issues. Use sound judgment to consult with Legal Department for complex matters.

Job Summary

Supervise a staff of three Demurrage Control Analysts whose primary function is to analyze the cycle of hydrocarbon marine transportation, which involves marine based load/discharge event times, receive and analyze demurrage claims, negotiate and make appropriate settlement payments, 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 Demurrage Control Manager 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 is 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 accounts payable and receivable balances.

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.

Minimum Qualifications

The Demurrage Control Manager should have strong leadership and communication skills (written and verbal) as well as advanced analytical skills. Past work experience should demonstrate the ability to work in an extremely complex and dynamic environment that includes the ability to work effectively with a team. Past experience in refinery logistics/economics is a plus. Familiarity with marine law and arbitration cases, Bachelor degree in marine, engineering, business or oil & gas related field is preferred but not required.

Minimum years of job-related experience required is 8.

Preferred Experience with:

RightAngle

SAP

PowerBI

Job Duties II

Job duties displayed above are not all-inclusive, site-specific responsibilities may be assigned.

Here are the incentives we offer:

• Remote Work options available for eligible positions
• Options are department and/or location specific
• 9/80 Work Schedule Option (where applicable)
• Annual Vacation Incentive (40-120 hours of additional pay) for Eligible Employees
• Paid Vacation Time
• Company-Paid Holidays
• Caregiver Leave
• Excellent 401(k) Match
• Pension Plan
• Company-Paid Sick Leave and Long-Term Disability
• Medical, Dental, & Vision Plans; FSA and HSA options
• Company-Paid Life Insurance for Active Employees
• Healthy Rewards Program
• Service Awards Program
• Educational Assistance Plan
• Dependent Children Scholarships
• Reimbursement for Gym Membership
• Employee Discount Programs
• On-site Health Clinic (select locations)
• On-site Cafeteria (select locations)
• On-site Credit Union and ATM (Corporate office only)
• On-site Fitness Center (select locations)

PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

Requisition ID - 849