Description
Settlements analyst, sought by my leading Global Commodities Trading house based in Canary wharf for an initial 6 month contract.
Key roles are ensuring that invoices are created and counterparties get paid on time with the focus on working capital optimisation and assisting treasury by effectively forecasting cash.
Also, to process all billing documents in a timely and accurate manner meeting the deadlines around the settlement due dates and to ensure open items on the ledger remain minimal and exceptional.
Responsibilities
* Settling all actualised deals agreed by traders and priced up by pricing analysts, including interacting with third party counterparties.
* Continual monitoring of the deal work list. Managing of the deal through our various systems.
* Liaising with pricing analysts, traders and operators over contract and movement details, reviewing deal documentation, offering advice, identifying problems and helping to resolve them.
* Interacting with Accounts, Product Control and Tax Analysis teams - providing information as required and resolving discrepancies.
* Providing accurate, up to date details of projected cash flows to enable BP Finance to manage daily cash requirements.
* Investigating and eliminating anomalies on the balance sheet.
* Credit Control function: Ensuring that funds are received on time and liaising with counterparties should any discrepancies occur.
* Working with the Credit team to manage risks associated with diverse counterparties including making special arrangements for high risk customers and raising alerts on late receipts.
* Taking part in reviews of processes and control risks. Ensuring the processes are followed correctly and controls are effective.
* Settlement of deals of a more complex nature that does not fit the normal systems/process criteria and ensure that these deals are correctly accounted for.
* Good communicating and interpersonal skills, networking and influencing, are essential
* Team working skills
* Numeracy and Accuracy
* IT skills
* Problem solving
* Flexibility and ability to work in pressurised situations
* Determination to complete - and to deadline.
* Excel Experience (Intermediate)Part qualified in CIMA/ACCA or equivalent
SAP Experience
Please apply for further information