Settlements Analyst – Gas & Power, FX & LNG

Group 29

Salary

COMPETITIVE

Stroke 1

Role Type

Permanent

Group 7

Location

London, UK

Our client is a trader of Commodity and Energy products including, Gas, Power and Oil products based in Central London.

RESPONSIBILITIES:

  • 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

EDUCATION & QUALIFICATIONS REQUIRED:

  • Educated to bachelor’s degree level as a minimum requirement (or equivalent)
  • Previous work based relevant experience, with thorough understanding of the settlement process and industry related compliance requirements
  • Settlement experience in LNG, power and Gas is preferred, ideally with LC Knowledge
  • Proficient in Microsoft Office and trading/accounting system (Endur and SAP experience definitely is a plus).
  • Excellent team working and networking skills
  • Possess good interpersonal and communication skills
  • Energetic, enthusiastic, positive and proactive.

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