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Demurrage Team Lead

Demurrage Team Lead

BP PLCKuala Lumpur, Kuala Lumpur, Malaysia
1 day ago
Job description

Demurrage Team Lead page is loaded## Demurrage Team Leadremote type : This position is a hybrid of office / remote workinglocations : Malaysia - Kuala Lumpurtime type : Full timeposted on : Posted Todaytime left to apply : End Date : November 21, 2025 (29 days left to apply)job requisition id : RQ

  • Entity :
  • Finance
  • Job Family Group :
  • Supply & Trading Group
  • Job Description :
  • The team lead will be responsible for developing a team of demurrage analysts who are responsible for tracking and handling demurrage costs incurred by the company due to delays in vessel arrival or departure. This role requires strong leadership skills as well as excellent communication and problem-solving abilities. Responsibilities :
  • Lead the end-to-end process of demurrage invoicing, ensuring timely and accurate billing.
  • Lead all aspects of the investigation and resolution of demurrage disputes, working closely with internal teams and external partners to minimize costs and maintain positive relationships with customers.
  • Develop and implement strategies to improve demurrage performance, including training programs for staff and implementing standard processes from other regions.
  • Analyze data on demurrage trends and see opportunities for optimization, such as streamlining procedures or employing technology solutions.
  • Collaborate with commercial teams to understand market sentiment and identify areas where demurrage policies can be adjusted to better align with industry standards and reduce financial risks.
  • Provide regular updates to senior leadership on demurrage performance, highlighting key challenges and proposed solutions.
  • Ensure compliance with relevant regulations and trade fields related to demurrage practices.
  • Build and maintain strong relationships with team members within the organization, particularly those involved in trading and scheduling operations.
  • Mentor junior professionals within the demurrage team, providing guidance on standard processes and promoting a culture of perfection and accountability.
  • Stay informed about developments in shipping and transportation industries, identifying potential impacts on demurrage processes and adapting strategies accordingly.Qualifications :
  • Bachelor’s degree in business administration, logistics, or a related field; MBA preferred.
  • Minimum 5 years of experience in demurrage management or similar roles, preferably in the oil and gas industry.
  • Strong understanding of contractual terms and conditions, especially those pertaining to demurrage.
  • Excellent communication and social skills, with the ability to successfully communicate with diverse audiences, including colleagues at all levels, customers, and regulatory bodies.
  • Shown leadership abilities, with experience leading direct reports and driving high performance within cross-functional teams.
  • Proficiency in MS Office software (Excel, Word, PowerPoint) and any specialized demurrage management tools applied by the organization.
  • Experience with project management methodologies and change management initiatives.
  • Knowledge of shipping and transportation processes, including marine assurance and trade field and compliance requirements.
  • Ability to analyze complex issues, identify root causes, and propose creative solutions.
  • Highly organized and diligent, with a proactive approach to problem solving and risk mitigation.
  • Fluency in English is important, while proficiency in another language may be helpful.At bp, we provide the following environment and benefits to you :
  • A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the demeanor of giving back to our environment are highly valued
  • Possibility to join our social communities and networks
  • Learning opportunities and other development opportunities to craft your career path
  • Life and health insurance, medical care package
  • And many other benefits.We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment.
  • Travel Requirement
  • No travel is expected with this role
  • Relocation Assistance :
  • This role is not eligible for relocation
  • Remote Type :
  • This position is a hybrid of office / remote working
  • Skills :
  • Legal Disclaimer :
  • We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity / neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment / accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment / accommodation related to the recruitment process, please . If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.
  • About bp :
  • Finance
  • Join us in a crucial time of transition. We are bringing all of our finance and procurement activities for the group into one place, enabling better work.For you this means working with us on :
  • Compliance
  • – efficiently delivering external reporting requirements to ensure we continue to meet our regulatory obligations in all jurisdictions, supported by a robust control environment across all three lines of defence.
  • Stewardship
  • – laying out a robust finance framework and providing ongoing management of the balance sheet and portfolio execution, supported by effective advocacy to the market.
  • Performance
  • – facilitating the effective allocation of capital, development of business plans and coordination of business performance interventions to ensure a consistent delivery between strategic aspirations, operational forecasts and delivered outcomes. Furthermore, you will be responsible for value creation through mergers and acquisition-led deals, commercial negotiations and integration of business opportunities.
  • Transformation
  • – driving digital transformation (centralising, digitising, optimising) across all elements of the finance entity to achieve sector-leading cost performance.

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Team Lead • Kuala Lumpur, Kuala Lumpur, Malaysia

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