Gas & Power Financial Operations & Settlements Analyst

Richard James Recruitment Specialists Ltd; Greater London; On-site; GBP 42,000 - 60,000; Full time

Job summary

Richard James Recruitment Specialists Ltd in London seeks a Financial Operations/Settlements Analyst to support the Gas, Power and LNG trading desk. You will manage day-to-day settlements, invoicing, cash application and intercompany balances, ensuring KPI targets are met.

The role requires experience in settlements, knowledge of trading and Gas & Power markets, and an appetite for process improvement within FinOps.

Qualifications

• Experience of settlements within global commodities/energy preferred but not essential.
• Knowledge of trading and a genuine interest in Gas & Power markets.
• Knowledge of physical commodities (preferable).
• Knowledge of straight-through processing from trading to accounting (desirable).

Responsibilities

• Complete day-to-day workload as prescribed by your team lead and manager.
• Ensuring resolution of day-to-day operational issues and escalating where appropriate.
• Building relationships both internally and externally to create and support business information flow.
• Complete the end-to-end invoicing process, including: Physical Receivable Invoice Process (including provisional and prepayment invoices): Create, check, and dispatch receivable invoices across physical trades and secondary costs.
• Physical Payable Invoice Process (including provisional and prepayment invoices): Receive, validate, and process payable invoices across physical trades and secondary costs.
• Brokerage Payable Invoice Process: Receive, validate, and process broker statements.
• Errors and Invoice Amendment: Problem solve process invoice errors and amendments with support from other functions, as required.
• Monitor receivables, including cash application and debt management.
• Monitor intercompany balances and invoicing processes.
• Liaising with internal desks/teams, in particular operations and risk management, on the resolution of settlement disputes.
• Monitor and resolve queries from external parties escalating where required.
• Resolving settlements issues to improve our balance sheet position on all settlements runs – including working with Finance teams to continuously evolve ways of improving the cash conversion cycle.
• Follow team processes to ensure all counterparty, billing and settlement information is in line with company policy and up to date.
• Support and review regular updates of the internal processes within the FinOps area.
• Proactively contribute to continuous improvement initiatives within the scope of Finance Operations, to drive efficiency and improved performance.
• Meet KPI's and performance targets allocated to your area.
• Provide review and commentary to team reporting and analytics such as month end open items reporting.
• Support the manager with periodic and ad hoc management reporting.
• Ad hoc duties as required.

Skills

Settlements experience

Trading knowledge

Gas & Power markets

Straight-through processing

Job description

Richard James Recruitment Specialists Ltd in London seeks a Financial Operations/Settlements Analyst to support the Gas, Power and LNG trading desk. You will manage day-to-day settlements, invoicing, cash application and intercompany balances, ensuring KPI targets are met.

The role requires experience in settlements, knowledge of trading and Gas & Power markets, and an appetite for process improvement within FinOps.