Settlements Analyst (Commodity Trading)
Settlements Analyst (Commodity Trading)

Settlements Analyst (Commodity Trading)

City of London Full-Time 50000 - 65000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage invoices, reconcile discrepancies, and ensure timely cash collection in a dynamic trading environment.
  • Company: Join one of London's fastest-growing commodity trading firms with a global team of 400.
  • Benefits: Enjoy a competitive salary, bonuses, pension contributions, and private medical/dental coverage.
  • Why this job: Be part of a collaborative team, drive process improvements, and make a real impact in the industry.
  • Qualifications: 1-3 years in commodity trading, accounting/finance qualification, and strong multitasking skills required.
  • Other info: Hybrid work model with 3 days in the office; interviews start soon!

The predicted salary is between 50000 - 65000 £ per year.

Location: London (hybrid - 3 days per week)

Compensation: £50,000-65,000, 15-30% bonus, 10% pension and much more

X4 are partnered with one of London's fastest growing commodity trading firms, offering an exciting opportunity for a Settlements Analyst to join their global team of 400. Joining a collaborative and friendly team, the 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 Settlements Analyst (Commodity Trading):

  • 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 Settlements Analyst (Commodity Trading):

  • 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.

Settlements Analyst (Commodity Trading) employer: X4 Technology

As one of London's fastest growing commodity trading firms, we pride ourselves on fostering a collaborative and friendly work environment that values employee growth and innovation. Our Settlements Analyst role offers not only a competitive salary and generous bonus structure but also comprehensive benefits including a 10% pension contribution and private medical care. With a strong emphasis on professional development and process improvement, this position provides an excellent opportunity to make a meaningful impact within a dynamic global team.
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Contact Detail:

X4 Technology Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Settlements Analyst (Commodity Trading)

✨Tip Number 1

Familiarise yourself with the specific processes and regulations related to commodity trading settlements. Understanding the nuances of invoice creation, reconciliation, and compliance will give you a significant edge during interviews.

✨Tip Number 2

Network with professionals in the commodity trading sector. Attend industry events or join relevant online forums to connect with current Settlements Analysts or hiring managers, which can provide insights and potentially lead to referrals.

✨Tip Number 3

Brush up on your Microsoft Office skills, particularly Excel, as it’s crucial for managing data and reports. Consider taking an online course to enhance your proficiency, which can be a talking point in your interview.

✨Tip Number 4

Prepare to discuss examples of how you've identified process improvements in previous roles. Being able to demonstrate your proactive approach to problem-solving will resonate well with the hiring team at StudySmarter.

We think you need these skills to ace Settlements Analyst (Commodity Trading)

Invoice Management
Accounts Payable and Receivable
Reconciliation Skills
Cash Collection Monitoring
Process Improvement
Standard Operating Procedures Maintenance
Regulatory Compliance
Attention to Detail
Strong Verbal and Written Communication
Microsoft Office Proficiency
Self-Initiative
Multitasking Skills
Team Collaboration
Time Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in commodity trading and settlements. Use keywords from the job description to demonstrate that you meet the requirements.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention specific experiences that relate to managing invoices, cash collection, and process improvements.

Highlight Relevant Skills: Emphasise your proficiency with Microsoft Office and any other systems you've used in previous roles. Mention your ability to work under pressure and your strong communication skills.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for the Settlements Analyst role.

How to prepare for a job interview at X4 Technology

✨Know Your Numbers

As a Settlements Analyst, you'll be dealing with financial processes daily. Brush up on your accounting principles and be ready to discuss how you've handled invoice creation and reconciliation in the past.

✨Showcase Your Problem-Solving Skills

Expect questions about how you've resolved discrepancies in the past. Prepare specific examples that highlight your ability to identify issues and implement effective solutions.

✨Demonstrate Team Collaboration

This role requires working closely with various stakeholders. Be prepared to share experiences where you successfully collaborated with others to achieve a common goal, showcasing your team player mentality.

✨Highlight Process Improvement Initiatives

The company values innovation in their processes. Think of instances where you've identified opportunities for improvement in your previous roles and be ready to discuss how you led those initiatives.

Settlements Analyst (Commodity Trading)
X4 Technology
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