At a Glance
- Tasks: Manage invoice processes and ensure compliance in a dynamic financial environment.
- Company: Join a high-growth Financial Services firm 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 making impactful improvements in financial processes.
- Qualifications: 1-3 years in a settlements role and a qualification in Accounting or Finance required.
- Other info: Hybrid work model with flexible days in the office.
The predicted salary is between 40000 - 52000 Β£ per year.
X4 are partnered with a high growth Financial Services firm offering an exciting opportunity for a Trade Settlements Analyst to join their global team. Joining a collaborative and friendly team, the Trade 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 Trade Settlements Analyst:
- 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 Trade Settlements Analyst:
- 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 Β£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.
Contact Detail:
X4 Technology Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Trade Settlements Analyst
β¨Tip Number 1
Familiarise yourself with the specific financial processes and internal controls related to trade settlements. Understanding these concepts will not only help you in interviews but also demonstrate your genuine interest in the role.
β¨Tip Number 2
Network with professionals in the financial services industry, particularly those who work in commodity trading or settlements. Engaging with them can provide valuable insights and potentially lead to referrals.
β¨Tip Number 3
Brush up on your Microsoft Office skills, especially Excel, as itβs crucial for managing invoices and reconciliation tasks. Consider taking a short course if you feel you need to enhance your proficiency.
β¨Tip Number 4
Prepare for behavioural interview questions by reflecting on your past experiences in similar roles. Think of specific examples that showcase your problem-solving skills and ability to work under pressure.
We think you need these skills to ace Trade Settlements Analyst
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in trade settlements or similar roles. Emphasise your skills in invoice management, reconciliation, and compliance with trading standards.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the financial services industry and your enthusiasm for the Trade Settlements Analyst role. Mention specific achievements that demonstrate your ability to improve processes and work collaboratively.
Highlight Relevant Qualifications: Clearly state your qualifications in Accounting or Finance, as well as any relevant certifications. This will help you stand out as a candidate who meets the job requirements.
Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for this role.
How to prepare for a job interview at X4 Technology
β¨Know Your Numbers
As a Trade Settlements Analyst, you'll be dealing with financial data daily. Brush up on your accounting principles and be ready to discuss how you've handled invoice creation and reconciliation in the past.
β¨Showcase Your Problem-Solving Skills
Be prepared to share examples of how you've identified and resolved discrepancies in previous roles. Companies value candidates who can proactively tackle issues and improve processes.
β¨Demonstrate Team Spirit
This role requires collaboration with various stakeholders. Highlight your experience working in teams and how you contribute to a positive team environment. Be ready to discuss how you handle conflicts or differing opinions.
β¨Familiarise Yourself with Compliance Standards
Understanding trading standards and regulatory requirements is crucial. Research the relevant regulations in the financial services industry and be prepared to discuss how you ensure compliance in your work.