Settlements and Operations Analyst

Main Purpose:

Knowledge Skills and Abilities, Key Responsibilities:

Invoice Management and Processing

• Organize, process, and track incoming invoices and statements in a systematic and timely manner

• Implement and maintain efficient invoice tracking systems to ensure timely payments and collections

• Verify invoice accuracy against contractual terms and delivery confirmations

• Prepare and distribute regular invoice status reports to relevant stakeholders

Financial Reconciliation

• Perform detailed reconciliation of cash values against Coral Profit and Loss statements, ensuring accuracy and completeness

• Conduct daily, weekly, and monthly reconciliation processes across multiple trading books

• Identify and document discrepancies between expected and actual financial outcomes

• Build and maintain reconciliation templates and procedures to enhance efficiency

Settlement Processing

• Implement settlements of invoices and positions with asset managers and counterparties according to established protocols

• Ensure compliance with settlement deadlines and contractual terms

• Process physical and financial settlements across various energy markets

• Maintain accurate settlement records and documentation for audit purposes

Discrepancy Resolution

• Investigate and resolve differences or anomalies in invoices and settlement data, applying analytical skills to identify root causes

• Perform root cause analysis on recurring settlement issues

• Develop and implement solutions to prevent future discrepancies

• Document resolution processes for knowledge sharing and operational improvement

Cash Flow Coordination

• Liaise with treasury and accounting teams across multiple offices to coordinate cash flows successfully

• Forecast upcoming settlement requirements to ensure adequate liquidity

• Supervise and report on cash positions related to trading activities

• Contribute to cash management strategies to optimize working capital

Dispute Management

• Serve as the primary point of contact with TSO and third parties for resolving volume and price disputes

• Capture and analyze evidence to support Trafigura's position in disputes

• Negotiate resolutions that protect the company's financial interests

• Document dispute outcomes and incorporate lessons learned into future processes

Cross-Functional Teamwork

• Work closely with the Deals Desk and Project Manager to ensure alignment of settlement activities with broader business objectives

• Coordinate with trading teams to understand transaction details and settlement requirements

• Support risk management initiatives by providing accurate settlement data

• Contribute to projects committed to improving operational efficiency through execution improvement

Professional Experience and Skills

• Bachelor’s degree in Finance, Accounting, Economics, or related field

• 2+ years of experience in financial settlement, reconciliation, or related accounting functions

• Proficiency in financial systems and ability to work in Python and VBA

• Experience with data analysis and financial reporting

• Ability to work independently while collaborating effectively with multiple stakeholders

• Experience in energy trading operations or commodity markets & knowledge of European power and gas markets and settlement processes would be a plus

• Familiarity with ETRM or CTRM systems.

• Advanced Excel skills and/or experience with Python.

• Understanding of accounting principles and financial controls

Personal Attributes

• Meticulous attention to detail and commitment to accuracy

• Strong problem-solving abilities and analytical approach

• Excellent communication abilities, both written and verbal

• Resilience and ability to work effectively under pressure and tight deadlines

• Proactive approach to identifying and resolving issues

• Excellent time management and organizational skills

• Adaptability to changing priorities and requirements

Key Relationships and Department Overview:

• Trading teams

• Finance department

• Operations department

• Accounting department

We are an equal opportunity employer and value diversity at our company! We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.