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 that values innovation and process improvement.
- Qualifications: 1-3 years in a settlements role with an Accounting or Finance qualification required.
- Other info: Hybrid work model with flexible scheduling and a supportive company culture.
The predicted salary is between 40000 - 52000 £ 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 £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.
Trade Settlements Analyst employer: X4 Technology
Contact Detail:
X4 Technology Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trade Settlements Analyst
✨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.
✨Tip Number 2
Network with professionals in the financial services industry, particularly those who work in settlements or similar roles. Engaging with them can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your Microsoft Office skills, especially Excel, as it's crucial for managing invoices and reconciliation tasks. Consider taking a short course if you feel you need to enhance your proficiency.
✨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 🫡
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 experiences that demonstrate your ability to handle the responsibilities outlined in the job description.
Highlight Relevant Qualifications: If you have a recognised qualification in Accounting or Finance, make it prominent in your application. This will show that you meet one of the key requirements for the position.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. Attention to detail is crucial in this role, and a polished application reflects your professionalism.
How to prepare for a job interview at X4 Technology
✨Know Your Numbers
As a Trade Settlements Analyst, you'll be dealing with financial data daily. Brush up on your accounting principles and be prepared to discuss your experience with invoice creation, reconciliation, and cash collection. Highlight any specific achievements in these areas.
✨Demonstrate Your Problem-Solving Skills
Expect questions about how you've handled discrepancies in the past. Prepare examples that showcase your ability to identify issues and implement solutions effectively. This will demonstrate your proactive approach and attention to detail.
✨Showcase Your Team Spirit
This role requires collaboration with various stakeholders. Be ready to share experiences where you worked as part of a team to achieve a common goal. Emphasise your communication skills and how you contribute to a positive team environment.
✨Familiarise Yourself with Compliance Standards
Understanding trading standards and regulatory requirements is crucial for this position. Research relevant regulations and be prepared to discuss how you ensure compliance in your work. This shows your commitment to maintaining high standards in settlements.