Settlements Analyst

Settlements Analyst

Full-Time 30000 - 40000 £ / 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: Join a dynamic financial management team focused on accuracy and efficiency.
  • Benefits: Competitive salary, professional development, and a supportive team culture.
  • Why this job: Be part of a crucial role that ensures smooth financial operations and supports business growth.
  • Qualifications: Solid accounting experience, strong Excel skills, and attention to detail are essential.
  • Other info: Opportunity to work with multi-currency systems and gain valuable finance experience.

The predicted salary is between 30000 - 40000 £ 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:
  • 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

    • 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
    • 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

    Settlements Analyst employer: Insight Commodities

    Join a dynamic and supportive team as a Settlements Analyst in our Financial Management Department, where your meticulous attention to detail and accounting expertise will be valued. We offer a collaborative work culture that prioritises employee growth through ongoing training and development opportunities, all within a fast-paced finance environment that encourages innovation and efficiency. Located in a vibrant area, our company provides unique advantages such as flexible working arrangements and a commitment to work-life balance, making it an excellent employer for those seeking meaningful and rewarding employment.
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    Contact Detail:

    Insight Commodities Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Settlements Analyst

    ✨Tip Number 1

    Network like a pro! Reach out to your connections in the finance world and let them know you're on the hunt for a Settlements Analyst role. You never know who might have the inside scoop on job openings or can put in a good word for you.

    ✨Tip Number 2

    Prepare for interviews by brushing up on your accounting principles and multi-currency systems knowledge. We recommend practising common interview questions related to cash allocation and ledger maintenance so you can showcase your skills confidently.

    ✨Tip Number 3

    Don’t forget to highlight your attention to detail and organisational skills during interviews. Share specific examples from your past experiences that demonstrate how you've successfully managed deadlines and maintained accuracy in a busy finance environment.

    ✨Tip Number 4

    Apply directly through our website! It’s the best way to ensure your application gets noticed. Plus, it shows your enthusiasm for joining our team and makes it easier for us to keep track of your application.

    We think you need these skills to ace Settlements Analyst

    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
    SAP S/4HANA
    Concur
    DocuWare

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights your relevant accounting experience, especially in cash allocation and payments. We want to see how your skills match the role, so don’t be shy about showcasing your achievements!

    Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Settlements Analyst position. Share specific examples of your past work that relate to the key responsibilities mentioned in the job description.

    Show Off Your Attention to Detail: Since this role requires a high level of accuracy, make sure your application is free from typos and errors. We appreciate a methodical approach, so double-check everything before hitting send!

    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’s super easy to do!

    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 are Key

    Since the role requires a good working knowledge of Excel, practice using functions and formulas that are relevant to accounting tasks. Be prepared to demonstrate your skills or discuss how you've used Excel in past roles to manage data effectively.

    ✨Be Detail-Oriented

    Given the emphasis on accuracy and attention to detail, think of examples from your previous work where your meticulous approach made a difference. Highlight situations where you identified discrepancies or improved processes through careful monitoring.

    ✨Show Your Team Spirit

    This role requires strong interpersonal skills, so be ready to talk about how you’ve collaborated with others in a busy finance environment. Share specific examples of how you’ve built effective working relationships and contributed to team success.

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