Settlement Analyst - LNG, Gas & Power

Recruiter
Insight Recruitment Solutions
Location
London
Salary
38000.0000
Posted
14 May 2017
Closes
13 Jun 2017
Sector
Engineering
Contract Type
Permanent
Hours
Full Time

This is a superb opportunity to join once of the most exciting,expanding commodity traders in London . Previous settlements in relevant commodities is essential

  • Settlement analyst responsible for LNG, gas & power, emissions and FX settlement
  • To handle physical trade settlement including trades details review, due date control and billing from ETRM system and SAP including:

- Reviewing contracts/service agreements for settlement purposes

- Booking the purchases and sales in SAP through the interface

- Recording and checking payment due dates

- Price confirmation with counterparties and billing/invoicing of sales with provisional and final invoices and netting statement

- To ensure incoming & outgoing funds receipt or payment shall value on time, if any delay in payment, interest shall be applied as per contract , AR Ageing follow-up

  • Process secondary costs includes additional cost
  • Supply weekly cash forecasting for Treasury detailing purchases and sales in order to provision cash flow
  • Liaising with traders and operators to resolve disputes and ensure accurate and timely payments and receipts
  • Resolving third party disputes
  • To carry out with the procedure/process implemented in ETRM, SAP and other network system
  • Month-end process (accruals and balance reconciliation)
  • To provide trading performance analysis information
  • To work on IT change request

QUALIFICATION REQUIREMENTS

Education-Degree in Finance/Banking/Commercial/Maritime Studies or equivalent

Relevant experience, with a thorough understanding of the settlement process and industry related compliance requirement

Other Requirements

Settlement experience in LNG, power and Gas is necessary, ideally with LC Knowledge

Proficient in Microsoft Office and trading/accounting system (Endur and SAP experience definitely is a plus)