Finance Job - Trading Settlements Analyst, Netherlands - rj

First People Recruitment; City Of London; On-site; GBP 43,000 - 53,000; Full time

Job summary

A recruitment agency is looking for a Trading Settlements Analyst. The successful candidate will manage oil trading-related settlements, requiring strong SAP skills and finance experience. This is a fully office-based role in the Netherlands with a 12-month FTC and the possibility to go permanent. Ideal candidates have relevant expertise in commodities trading and settlement processes.

Qualifications

• Bachelor’s degree in finance/accounting or equivalent.
• Relevant experience in settlements in Europe.
• Proficiency in SAP is required.

Responsibilities

• Handle oil trading-related settlements in a timely and accurate manner.
• Confirm bank account details and payment amounts with trading counterparties.
• Prepare relevant trade-related data and statistical tables.

Skills

Settlement experience in Finance / Commodities Trading / Oil & Gas sector

Efficient SAP user

Solid knowledge of accounting and finance principles

Excellent problem solving and numerical skills

Ability to work under pressure

Education

Bachelor’s degree in finance/accounting or equivalent

Tools

SAP

S4 HANA knowledge

Job description

Your New Job Title: Trading Settlements Analyst, Netherlands

The Skills You'll Need: Efficient SAP user. Strong Settlement experience in Finance / Commodities Trading / Oil & Gas sector.

Your New Salary: 50-60k EUR depending on experience

Job status: Fully office based. 12 months FTC, with possibility to go permanent

Location: Rotterdam, Netherlands

Report to: CFO

To be successful in this role our client has said it is essential that candidates:

• have Settlement experience in Finance / Commodities Trading / Oil & Gas sector
• are an efficient SAP user
• are happy to start with a 12 months FTC (with possibility to go permanent)
• have valid working permit to work in the Netherlands
• are happy to work 5 days in the office

What You'll be Doing:

• 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.
• Review the trade contract terms and service agreements for settlement purposes
• Confirm bank account details and payment amount with the trading counterparty.
• Invoices due date control, raising payment and invoices and post in SAP
• 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
• Prepare relevant trade-related data and statistical tables.
• Provide activities performance analysis information
• Other tasks assigned by CFO

The Skills You'll Need to Succeed:

• Bachelor’s degree in finance /accounting or equivalent.
• Relevant experience in settlements in Europe.
• Proficiency in SAP is required; S4 HANA knowledge is a strong advantage.
• Solid knowledge of accounting and finance principles.
• Thorough understanding of the settlement process including trade lifecycle.
• Knowledge of settlement activities, the trade life cycle and trading systems.
• Experience dealing with trading counterparties within the oil & energy industry.
• Excellent problem solving and numerical skills; ability to seek information and interpret data from multiple sources in order to resolve problems or implement new processes.
• Ability to communicate effectively, stay calm and work well under pressure to meet competing deadlines in an environment where speed & accuracy are essential.
• Good product knowledge and experience with Crude Oil, or LNG, Refined Products, (bio) Marine Fuel and Petrochemicals products is desirable.
• Relevant experience in Oil & Gas trading company is preferred but not essential.
• Strong learning and communication skills.
• Preference for candidates with knowledge of Dutch tax system.

We welcome applications from all qualified candidates regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, marital status or whether or not they have a disability.