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- Tasks: Manage invoices, cash collection, and process improvements in a dynamic trading environment.
- Company: Join a leading international Energy Trading company with global market access.
- Benefits: Enjoy hybrid work options and opportunities for skill development in a thriving industry.
- Why this job: Be part of a growing team that values innovation and collaboration in commodity trading.
- Qualifications: A qualification in Accounting or Finance and 1-2 years of relevant experience is required.
- Other info: Training provided for specific systems; flexibility in working hours may be needed.
The predicted salary is between 36000 - 60000 £ per year.
Based: London (Hybrid)
Our client is a very successful international Energy Trading company with access to all key markets worldwide. This role offers an excellent opportunity to further develop skills and responsibility within a growing and successful commodity trading business.
Key Role Responsibilities:
- Invoice creation, distribution, reconciliation, and settlement of physical and financial trading activities, mainly for LNG (Accounts Payable/Receivable).
- Coordinate with stakeholders to resolve invoice reconciliation discrepancies proactively and timely.
- Responsible for ensuring the timely collection of cash and aging reporting.
- Work with the operations team to clear overdue Accounts Payable/Accounts Receivable items and non-allocated cash.
- Identify, recommend, and implement process improvements around settlements processes.
- Ensure the Settlements team SOP documentation is kept updated.
- Ensure compliance with trading standards and other regulatory requirements.
- Ensure correct tax treatment of invoices.
- Other tasks and projects assigned by the Settlements Team Lead and Senior Settlements Manager.
- May be required to work outside of normal business hours.
- May be required to cover settlements for other international offices.
Key Qualifications and Experience:
- Recognised Qualification in Accounting or Finance (or similar).
- At least 1-2 years of Settlements working experience in Energy & Commodities.
- System savvy and proficient in Microsoft Office suite.
- Able to work independently with minimal supervision, strong self-initiative.
- Ability to manage multiple priorities and work well under time pressure.
- Good verbal and written communication skills, able to communicate effectively with people at all levels, and attention to details.
- Strong team player and collaborate with other Finance team members to support overall Finance goals and objectives.
- Strong problem-solving skills.
- Knowledge of IMOS, Horizon, and SUN system is preferable but not a must as training will be provided.
Junior Commodities Settlements Analyst employer: RICHARD JAMES RECRUITMENT SPECIALISTS LTD
Contact Detail:
RICHARD JAMES RECRUITMENT SPECIALISTS LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Commodities Settlements Analyst
✨Tip Number 1
Familiarise yourself with the energy trading sector, especially LNG. Understanding the market dynamics and key players can give you an edge during interviews and discussions.
✨Tip Number 2
Brush up on your knowledge of settlements processes and accounting principles. Being able to discuss specific examples of how you've handled invoice discrepancies or reconciliations will demonstrate your expertise.
✨Tip Number 3
Network with professionals in the commodities trading field. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities.
✨Tip Number 4
Prepare to showcase your problem-solving skills. Think of scenarios where you've identified process improvements or resolved complex issues, as these are crucial for the role.
We think you need these skills to ace Junior Commodities Settlements Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in settlements, particularly in the energy and commodities sector. Emphasise any specific skills or qualifications that align with the job description, such as your proficiency in Microsoft Office and any accounting qualifications.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention your understanding of the key responsibilities, such as invoice reconciliation and cash collection, and how your previous experience has prepared you for these tasks.
Highlight Problem-Solving Skills: In your application, provide examples of how you've successfully resolved discrepancies or improved processes in past roles. This will demonstrate your ability to handle the challenges mentioned in the job description.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for the role of a Settlements Analyst.
How to prepare for a job interview at RICHARD JAMES RECRUITMENT SPECIALISTS LTD
✨Showcase Your Relevant Experience
Make sure to highlight your previous experience in settlements, especially within the energy and commodities sector. Be prepared to discuss specific examples of how you've handled invoice creation, reconciliation, and cash collection.
✨Demonstrate Your Problem-Solving Skills
Prepare to discuss situations where you've identified and implemented process improvements. This role requires strong problem-solving abilities, so think of examples that showcase your analytical skills and initiative.
✨Communicate Effectively
Since the role involves coordinating with various stakeholders, practice articulating your thoughts clearly. Be ready to explain complex concepts in a straightforward manner, demonstrating your good verbal and written communication skills.
✨Familiarise Yourself with Relevant Systems
While knowledge of IMOS, Horizon, and SUN systems is preferable, it's not mandatory. However, showing a willingness to learn and adapt to new systems can set you apart. Research these systems beforehand to demonstrate your proactive approach.
