DY

Dharam Yadav

Head - Finance, Procurement & Trade Operations

Work Experience

  • Head - Finance, Procurement & Trade Operations

    Transnation Holdings Pte Ltd

    Jul 2016 - Apr 2023 -6 yrs, 9 months

    Singapore

    • Job Details:Establishing international sister companies to optimize corporate tax structures and enhance efficiency in global merchant trade operations. Overseeing annual tax return filings for international group companies in collaboration with local auditing firms to ensure compliance with regulatory requirements. Managing the legal, financial, banking, and accounting functions of international sister companies to ensure compliance and operational efficiency. Developing budgets and planning fund allocations for procurement while ensuring optimal cash flow utilisation and financial efficiency. Conducting cost estimation and benchmarking against global commodity prices and sea freight rates to optimize procurement and logistics strategies. Strategically negotiating and drafting international commercial and long-term contracts to mitigate market risks and optimise supply chain efficiency. Material contract-based lc opening (sight, usance, transferable & standby) involving multiple international banks from india, singapore, uae, indonesia etc. Overseeing amendments, extensions, and cancellations of letters of credit (lcs) in alignment with business requirements and trade agreements. Managing international remittances and settlement of cash against documents (d/a, d/p) transactions in accordance with business requirements. Overseeing end-to-end bulk shipping arrangements, including sea freight negotiations, marine transit insurance, quality assurance and control (qa-qc), bill of lading (bl) preparation and switching, certificate of analysis (coa) and certificate of origin (coo) management, as well as customs clearances through chas and vessel agents. Managing the sea freight settlement process, including dispatch and demurrage review, final negotiations, and remittance processing. Procuring trade-worthy raw materials and consumables, including coking coal, thermal coal, lam coke, pearl coke, iron ore, ferroalloys, ladle and furnace refractory, dolomite stone, limestone, graphite electrodes, soda ash (dense & light), and granite slabs & blocks, ensuring quality and cost efficiency. Developing and executing strategies for international merchant trade, including fob-to-fob, fob-to-cfr/cif, and high seas sale (hss) transactions to optimise trade efficiency and profitability. Planning and structuring long-term contracts for sea freight and transshipment of bulk cargo to support efficient and cost-effective merchant trade operations. Leading and supervising the team to ensure the timely nomination of vessels by owners/brokers as per agreed laycan days at the load port. Planning vessel loading schedules and arrivals to minimize waiting time and demurrage costs while coordinating with shippers for vessel acceptance at both loading and discharging ports. Managing and leading the team in coordinating with transhipping vessels (tv) to transfer excess cargo from ocean-going vessels (ogv), ensuring optimal draft reduction for safe berthing at the port. Directly overseeing the team managing daily operations, including laytime calculations, issuance of letters of indemnity (loi), processing lc discounting documents, handling sale bill discounting, and managing shipping documentation. Conducting vendor performance assessments based on key criteria, including rejection rates, quality and price consistency, market competitiveness, timely delivery, and credit terms to ensure optimal supplier reliability and efficiency. Analyzing and evaluating existing processes and procedures to identify inefficiencies, conducting critical assessments, and implementing improvement measures to optimise operational efficiency. Led the drafting and implementation of a global standard contract in compliance with internal and external audit guidelines. Established a framework where vendors executed the standard contract periodically, streamlining negotiations and simplifying recurring trade contract execution.
  • Sr. Team Manager

    Continuum Managed Services LLC

    Jul 2007 - Jun 2016 -8 yrs, 11 months

    India

    • Job Details:Managed a 36-member team, delivering IT services, including backup, disaster recovery, and cloud computing. Enhanced client relations through effective service delivery in a high-pressure B2B environment. Implemented agile practices to improve project efficiency and team performance.
  • Engine Room Artificer

    Indian Navy

    Jan 2000 - Jan 2007 -7 yrs

    India

    • Job Details:In charge of various auxiliary machinery onboard naval sea-faring vessel. The operations, maintenance, repairs & overhauling were handled by a team of 7-10 junior engineers reporting directly to me.
  • Education

    • Bachelor's Degree in Business Administration

      Alliance Manchester Business School
    • Bachelor's Degree in Computer Applications

      Rabindra Nath Tagore University

    Skills

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    Languages

    • Hindi

      Fluent
    • English

      Advanced
    • Arabic

      Beginner
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