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

Settlements Analyst (Commodity Trading)

City of 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 of the Settlements Analyst (Commodity Trading):

  • 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 for the Settlements Analyst (Commodity Trading):

  • 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 and current market trends. This knowledge will not only help you in interviews but also demonstrate your genuine interest in the role.

✨Tip Number 2

Network with professionals in the commodities trading sector. Attend industry events or join relevant online forums to connect with people who can provide insights and potentially refer you to opportunities.

✨Tip Number 3

Brush up on your Excel skills, as proficiency in Microsoft Office is crucial for this role. Consider taking an online course to enhance your abilities in data analysis and financial modelling.

✨Tip Number 4

Prepare for behavioural interview questions by reflecting on your past experiences. Think of specific examples that showcase your problem-solving skills, teamwork, and ability to work under pressure, as these are key traits for a Settlements Analyst.

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
Attention to Detail
Strong Communication Skills
Microsoft Office Proficiency
Self-Initiative
Multitasking Abilities
Team Collaboration
Time Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in commodity trading and settlements. Emphasise any specific roles or responsibilities that align with the job description, such as invoice management or compliance.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your experience in managing invoices and your ability to identify process improvements, as these are key aspects of the Settlements Analyst position.

Highlight Relevant Skills: In your application, clearly outline your proficiency with Microsoft Office and any other systems you have used in previous roles. Strong communication skills and attention to detail should also be emphasised, as they are crucial for this position.

Follow Application Instructions: Ensure you follow all application instructions provided by the company. This includes submitting your application through our website and ensuring all required documents are included. Double-check for any specific requirements mentioned in the job listing.

How to prepare for a job interview at X4 Technology

✨Know Your Numbers

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

✨Demonstrate Your Problem-Solving Skills

Expect questions about how you've resolved discrepancies in the past. Prepare specific examples that showcase your ability to identify issues and implement effective solutions.

✨Showcase Your Team Spirit

This role requires collaboration with various stakeholders. Be prepared to talk about your experiences working in teams and how you contribute to a positive team environment.

✨Highlight Your Process Improvement Initiatives

The job involves identifying opportunities for process improvements. Think of instances where you've successfully led initiatives to enhance efficiency and be ready to share those stories.

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

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

    X4 Technology

    50-100
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