Settlements Analyst in London

Settlements Analyst in London

London Full-Time 35000 - 45000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage daily cash receipts, payments, and month-end processes in a fast-paced finance environment.
  • Company: Dynamic financial management team based in the West End, London.
  • Benefits: Hybrid working options, competitive salary, and opportunities for professional growth.
  • Why this job: Join a vibrant team and enhance your accounting skills while making a real impact.
  • Qualifications: Solid accounting experience, strong Excel skills, and attention to detail required.
  • Other info: Ideal for organised individuals looking to thrive in a collaborative finance setting.

The predicted salary is between 35000 - 45000 £ per year.

We are seeking a Settlements Analyst to join the Financial Management Department in a full-time position supporting the day-to-day accounting and settlements activity of the team. This role is well suited to an organised and detail-focused individual with solid all-round accounting experience, particularly across cash allocation, payments, ledger maintenance, bookkeeping, accounts payable, and month-end processes. The successful candidate will be comfortable working accurately at pace, managing deadlines, and maintaining a highly methodical approach in a busy finance environment.

Key Responsibilities

  • Post and allocate daily cash receipts, including multi-currency / FX-related receipts
  • Review and prepare payments for authorisation on a daily basis
  • Post journals, including month-end closing journals
  • Monitor and review ledgers, identifying items requiring investigation, reconciliation, or clearance
  • Support the accurate and timely completion of month-end procedures, including:
  • clearing dummy accounts
  • resolving parked documents
  • processing prepayment transfers to costs
  • reviewing cut-off items
  • Assist with internal and external audit queries
  • Respond to day-to-day accounting and settlements queries from the business
  • Support ad hoc finance projects and departmental requests as required
  • Skills and Experience Required

    Essential

    • Good understanding of accounting principles, VAT, and accounts payable
    • Relevant practical accounting experience in a similar finance or settlements-focused role
    • Strong written and verbal communication skills
    • Good working knowledge of Excel
    • High level of accuracy, organisation, and attention to detail
    • Ability to manage workload effectively and deliver against deadlines
    • Strong interpersonal skills and ability to build effective working relationships
    • A reliable team player with a proactive and accountable approach

    Desirable

    • Experience with SAP S/4HANA, Concur, and/or DocuWare
    • Experience working with multi-currency accounting systems
    • Previous experience within a trading business or similar fast-paced commercial environment

    Working Hours

    Monday to Friday - 9:30am – 5:30pm

    Settlements Analyst in London employer: Insight Commodities

    Join a dynamic and supportive team as a Settlements Analyst in the heart of London's West End, where hybrid working options promote a healthy work-life balance. Our company fosters a collaborative culture that values accuracy and attention to detail, offering ample opportunities for professional growth and development within the finance sector. With a focus on employee well-being and a commitment to excellence, we provide a rewarding environment for those looking to make a meaningful impact in their careers.
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    Contact Detail:

    Insight Commodities Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Settlements Analyst in London

    ✨Tip Number 1

    Network like a pro! Reach out to people in the finance and settlements space, especially those who work in commodities. A friendly chat can lead to insider info about job openings or even a referral.

    ✨Tip Number 2

    Prepare for interviews by brushing up on your accounting principles and multi-currency transactions. We recommend practising common interview questions related to cash allocation and ledger maintenance to show you’re the right fit.

    ✨Tip Number 3

    Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds!

    ✨Tip Number 4

    Apply through our website for the best chance at landing that Settlements Analyst role. We love seeing candidates who take the initiative to connect directly with us!

    We think you need these skills to ace Settlements Analyst in London

    Accounting Principles
    Cash Allocation
    Payments Processing
    Ledger Maintenance
    Bookkeeping
    Accounts Payable
    Month-End Processes
    Multi-Currency Accounting
    Excel
    Attention to Detail
    Time Management
    Interpersonal Skills
    Teamwork
    SAP S/4HANA
    Concur

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV is tailored to the Settlements Analyst role. Highlight your relevant accounting experience and skills, especially those related to cash allocation and ledger maintenance. We want to see how your background fits with what we're looking for!

    Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific experiences that relate to the job description and show us your passion for finance and settlements.

    Show Off Your Attention to Detail: In a finance role, accuracy is key. When you submit your application, double-check for any typos or errors. We appreciate candidates who take the time to ensure their application reflects their attention to detail.

    Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining StudySmarter!

    How to prepare for a job interview at Insight Commodities

    ✨Know Your Numbers

    Brush up on your accounting principles and be ready to discuss them. Make sure you can explain concepts like cash allocation, VAT, and month-end processes clearly. This shows you’re not just familiar with the terms but can apply them in real scenarios.

    ✨Excel Skills on Display

    Since a good working knowledge of Excel is essential, prepare to demonstrate your skills. You might be asked about functions or how you would handle data analysis. Practise using Excel for accounting tasks to feel confident during the interview.

    ✨Be Methodical

    The role requires a highly methodical approach, so be prepared to talk about how you manage your workload and meet deadlines. Share specific examples from your past experience where your organisation and attention to detail made a difference.

    ✨Show Your Team Spirit

    This position values strong interpersonal skills and teamwork. Think of instances where you collaborated effectively with others or resolved conflicts. Highlighting your proactive and accountable nature will resonate well with the interviewers.

    Settlements Analyst in London
    Insight Commodities
    Location: London

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