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- Tasks: Manage invoices and settlements for energy trading, ensuring accuracy and compliance.
- Company: Join a leading international Energy Trading company with global market access.
- Benefits: Enjoy hybrid work options and opportunities for skill development in a dynamic environment.
- Why this job: Be part of a growing team that values innovation and collaboration in the commodities sector.
- Qualifications: A qualification in Accounting or Finance and 1-2 years of relevant experience is required.
- Other info: Training provided for specific systems; flexibility in working hours may be needed.
The predicted salary is between 36000 - 60000 £ per year.
Settlements Analyst
Based: London (Hybrid)
Our client is a very successful international Energy Trading company with access to all key markets worldwide…
This role offers an excellent opportunity to further develop skills and responsibility within a growing and successful commodity trading business.
Key Role Responsibilities:
- Invoice creation, distribution, reconciliation, and settlement of physical and financial trading activities, mainly for LNG (Accounts Payable/Receivable)
- Coordinate with stakeholders to resolve invoice reconciliation discrepancies proactively and timely.
- Responsible for ensuring the timely collection of cash and aging reporting.
- Work with the operations team to clear overdue Accounts Payable/Accounts Receivable items and non-allocated cash
- Identify, recommend, and implement process improvements around settlements processes
- Ensure the Settlements team SOP documentation is kept updated
- Ensure compliance with trading standards and other regulatory requirements
- Ensure correct tax treatment of invoices
- Other tasks and projects assigned by the Settlements Team Lead and Senior Settlements Manager
- May be required to work outside of normal business hours
- May be required to cover settlements for other international offices
KEY QUALIFICATIONS AND EXPERIENCE:
- Recognised Qualification in Accounting or Finance (or similar)
- At least 1-2 years of Settlements working experience in Energy & Commodities
- System savvy and proficient in Microsoft Office suite
- Able to work independently with minimal supervision, strong self-initiative
- Ability to manage multiple priorities and work well under time pressure
- Good verbal and written communication skills, able to communicate effectively with people at all levels, and attention to details
- Strong team player and collaborate with other Finance team members to support overall Finance goals and objectives.
- Strong problem-solving skills
- Knowledge of IMOS, Horizon, and SUN system is preferable but not a must as training will be provided.
Commodities Settlements Analyst employer: RICHARD JAMES RECRUITMENT SPECIALISTS LTD
Contact Detail:
RICHARD JAMES RECRUITMENT SPECIALISTS LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commodities Settlements Analyst
✨Tip Number 1
Familiarise yourself with the key responsibilities of the role, especially around invoice creation and reconciliation. Understanding these processes will help you speak confidently about your relevant experience during interviews.
✨Tip Number 2
Network with professionals in the energy trading sector. Attend industry events or join online forums to connect with people who can provide insights into the company culture and expectations for the Settlements Analyst role.
✨Tip Number 3
Brush up on your knowledge of accounting principles and any relevant software like IMOS or Horizon. Even if you haven't used them before, showing a willingness to learn can set you apart from other candidates.
✨Tip Number 4
Prepare examples of how you've successfully managed multiple priorities in previous roles. This will demonstrate your ability to work under pressure, which is crucial for the fast-paced environment of commodity trading.
We think you need these skills to ace Commodities Settlements Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in settlements, particularly in the energy and commodities sector. Emphasise any specific skills related to invoice creation, reconciliation, and cash collection.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your qualifications in accounting or finance and how your previous experience aligns with the responsibilities outlined in the job description.
Highlight Technical Skills: Since the role requires proficiency in Microsoft Office and familiarity with systems like IMOS and Horizon, be sure to mention your technical skills. If you have experience with these systems, provide specific examples of how you've used them in past roles.
Showcase Problem-Solving Abilities: In your application, include examples of how you've successfully resolved discrepancies or improved processes in previous positions. This will demonstrate your problem-solving skills and ability to work under pressure, which are crucial for this role.
How to prepare for a job interview at RICHARD JAMES RECRUITMENT SPECIALISTS LTD
✨Showcase Your Relevant Experience
Make sure to highlight your previous experience in settlements, especially within the energy and commodities sector. Be prepared to discuss specific examples of how you've handled invoice creation, reconciliation, and cash collection.
✨Demonstrate Your Problem-Solving Skills
Prepare to discuss situations where you've identified discrepancies or issues in settlements processes. Employers will appreciate your ability to think critically and propose effective solutions.
✨Familiarise Yourself with Key Systems
While knowledge of IMOS, Horizon, and SUN systems is preferable, it's not a deal-breaker. However, showing that you're tech-savvy and willing to learn these systems can set you apart from other candidates.
✨Communicate Effectively
Since this role requires collaboration with various stakeholders, practice articulating your thoughts clearly. Good verbal and written communication skills are essential, so be ready to demonstrate your ability to engage with different levels of personnel.
