Commodity Trading Settlement Analyst

Group 29



Stroke 1

Role Type


Group 7


Rotterdam, NL

Our client is an International Oil & Gas trading and marketing company, with a presence in over 80 countries.

This role will be based in a new subsidiary trading office based in Rotterdam, which is currently going through a big period of growth.


  • To handle the oil trading-related settlements in a timely and accurate manner, which will involve:
  • Settle the trading activities including but not limited to cargoes, freight, shipping costs, insurance, inspections, demurrage, brokerage, and other non-cargo costs.
    • invoices due date control, raising payment and invoices in Pioneer system and post in SAP.
    • review the trade contract terms and service agreements for settlement purposes.
    • ensure incoming & outgoing funds receipt or payment shall value on time, AP & AR aging follow-up.
    • liaise with the trading desk and operators to resolve any potential issues or disputes to ensure accurate and timely payments and claims.
  • To carry out the procedure/process implemented in Pioneer, SAP, and other work systems.
  • To communicate with tax adviser on tax-related matters.
  • To provide activities performance analysis information.
  • Other tasks assigned by the manager.


  • Bachelor’s degree in finance/Banking/Commercial/Tax/Accounting or equivalent.
  • At least 3 years relevant experience in commodity settlements; preferably physical Oil products or secondary costs settlements.
  • Solid industry knowledge on the physical and financial side of the trading activities.
  • Thorough understanding of the settlement process and industry-related compliance requirements.
  • SAP system knowledge is a requirement.
  • Knowledge of oil trading and Bunker related taxation in the Netherlands preferred.


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