Settlements Analyst (Commodity Trading)
Settlements Analyst (Commodity Trading)

Settlements Analyst (Commodity Trading)

London Full-Time 50000 - 65000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage invoice processes and ensure compliance in a dynamic trading environment.
  • Company: Join one of London's fastest-growing commodity trading firms with a global presence.
  • Benefits: Enjoy a competitive salary, bonuses, pension contributions, and private medical/dental coverage.
  • Why this job: Be part of a collaborative team that values innovation and process improvement.
  • Qualifications: 1-3 years in commodity trading, with an accounting or finance qualification required.
  • Other info: Hybrid work model with flexible days in the office.

The predicted salary is between 50000 - 65000 £ per year.

Location: London (hybrid - 3 days per week)

Compensation: £50,000-65,000, 15-30% bonus, 10% pension and much more

X4 are partnered with one of London's fastest growing commodity trading firms, offering an exciting opportunity for a Settlements Analyst to join their global team of 400. Joining a collaborative and friendly team, the Settlements Analyst will play a critical role in the design, implementation, maintenance and operation of financial processes and internal controls related to settlements.

Responsibilities:

  • Manage the full cycle of invoice creation, distribution, reconciliation and settlement of physical and financial trading activities, handling both Accounts Payable and Receivable.
  • Coordinating with stakeholders to proactively identify and resolve invoice reconciliation discrepancies.
  • Monitor and ensure timely cash collection and prepare aging reports.
  • Identify opportunities for process improvements within settlements and lead implementation initiatives.
  • Maintain and regularly update Standard Operating Procedures for the Settlements team.
  • Ensure strict compliance with trading standards, regulatory requirements and accurate tax treatment of invoices.

Requirements:

  • 1-3 years of experience working in a commodity trading house, ideally in a settlements role or one with similar responsibilities.
  • Recognised qualification in Accounting or Finance.
  • Proficiency with Microsoft Office suite and strong system savvy.
  • Ability to work independently with minimal supervision, strong self-initiative.
  • Excellent multitasking skills with the ability to work well under time pressure.
  • Strong verbal and written communication skills, with attention to detail.
  • A collaborative mindset and a strong team player.

Compensation: Attractive package including £50,000-65,000 salary, 15-30% bonus, 10% employer pension contribution, private medical/dental, life insurance, income protection and much more.

Interview process: First round interviews are being scheduled for W/C 9th June, with the full 3-stage process expected to conclude by mid/late June.

Please apply online for immediate consideration.

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Contact Detail:

X4 Technology Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Settlements Analyst (Commodity Trading)

✨Tip Number 1

Familiarise yourself with the commodities trading industry. Understanding market trends, trading processes, and key players can give you an edge in discussions during interviews.

✨Tip Number 2

Brush up on your knowledge of financial processes related to settlements. Being able to discuss invoice creation, reconciliation, and cash collection confidently will demonstrate your expertise.

✨Tip Number 3

Network with professionals in the commodities trading sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals.

✨Tip Number 4

Prepare for behavioural interview questions by reflecting on past experiences where you've demonstrated teamwork, problem-solving, and process improvement. Use the STAR method to structure your responses.

We think you need these skills to ace Settlements Analyst (Commodity Trading)

Invoice Management
Accounts Payable and Receivable
Reconciliation Skills
Cash Collection Monitoring
Process Improvement
Standard Operating Procedures Maintenance
Regulatory Compliance
Tax Treatment Knowledge
Microsoft Office Proficiency
Strong Communication Skills
Attention to Detail
Multitasking Abilities
Self-Initiative
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in commodity trading and settlements. Use keywords from the job description to demonstrate that you meet the requirements.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention specific experiences that relate to managing invoices, cash collection, and process improvements.

Highlight Relevant Skills: Emphasise your proficiency with Microsoft Office and any accounting qualifications you hold. Mention your ability to work under pressure and your strong communication skills, as these are crucial for the role.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects attention to detail, which is essential for a Settlements Analyst.

How to prepare for a job interview at X4 Technology

✨Know Your Numbers

As a Settlements Analyst, you'll be dealing with financial processes daily. Brush up on your accounting principles and be ready to discuss how you've handled invoice creation and reconciliation in the past.

✨Showcase Your Problem-Solving Skills

Be prepared to share examples of how you've identified and resolved discrepancies in previous roles. Highlight any process improvements you've implemented to demonstrate your proactive approach.

✨Familiarise Yourself with Compliance Standards

Understanding trading standards and regulatory requirements is crucial for this role. Research relevant regulations and be ready to discuss how you ensure compliance in your work.

✨Demonstrate Team Collaboration

This position requires a collaborative mindset. Be ready to talk about your experiences working in teams, how you communicate effectively, and how you contribute to a positive team environment.

Settlements Analyst (Commodity Trading)
X4 Technology
Location: London
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  • Settlements Analyst (Commodity Trading)

    London
    Full-Time
    50000 - 65000 £ / year (est.)
  • X

    X4 Technology

    50-100
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