Graduate Settlements Analyst

Richard James Recruitment Specialists Ltd; London; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading oil trading and marketing firm in central London is seeking an experienced Trade Settlement Specialist. This role involves generating invoices through the CTRM system and ensuring accuracy in financial records through SAP. The successful candidate will have a strong background in SAP and a clear understanding of the invoicing process within commodity trading, supported by hybrid working arrangements and opportunities for long-term career development.

Qualifications

• Educated to degree level in a numerate subject with a desire to work in a Commodity Trading environment.
• Strong technical experience in SAP and understanding of the invoicing lifecycle.

Responsibilities

• Generate and manage customer invoices via the CTRM system.
• Post invoices to SAP and perform reconciliations.
• Monitor SAP for posting errors and correct discrepancies.

Skills

SAP

Excel

Attention to detail

Problem-solving

Communication

Education

Degree in a numerate subject (minimum 2.1)

Job description

Get AI-powered advice on this job and more exclusive features.

Our client is an Oil Trading and Marketing business based in central London; offering hybrid working, and an environment which promotes long-term career development!

The role is aimed at an experienced Trade Settlement Specialist, who will join as part of the wider Finance team in London. The successful candidate will be responsible for generating and managing accurate invoices via the CTRM system, posting them to SAP, and ensuring alignment between trading and finance records.

The ideal candidate will bring strong technical experience in SAP and a deep understanding of the invoicing lifecycle within commodity trading.

Responsibilities:

• Generate accurate customer invoices using the CTRM system for physical commodity trades and costs.
• Post invoices to SAP and perform reconciliations to ensure successful and accurate posting.
• Monitor SAP for any posting errors or discrepancies and take corrective actions as necessary.
• Understand and apply AP/AR accounting principles to ensure correct entries.
• Coordinate with internal teams (Trading, Operations, Risk, Treasury) to align financial records and resolve discrepancies.
• Ensure compliance with pricing structures and trade finance documentation (e.g., Letters of Credit).
• Support month-end close activities, including reconciliation between CTRM and SAP systems.
• Provide accurate cash flow data related to invoicing and settlements.
• Provide support for audits and internal controls related to invoicing and financial transactions.
• Identify opportunities for process improvement and automation in invoicing workflows. Manage the projects to increase efficiency.

Cash Desk Backup Responsibilities:

• Track international accounts payable and receivable to ensure timely and accurate records.
• Perform bank reconciliations and post bank receipts/payments into SAP.
• Process employee and operational expenses.
• Reconcile transactions, investigate discrepancies, and make necessary adjustments.
• Update payment schedules, input invoices, and audit accounts payable procedures.

REQUIREMENTS:

• Educated to degree level (minimum 2.1) in a numerate subject with demonstrable knowledge / desire to work in a Commodity Trading environment.
• Advanced Excel skills
• Effective communication and collaboration skills. Team-oriented and able to prioritize and manage tasks under pressure in a fast-paced environment.
• High attention to detail and strong problem-solving abilities.
• Strong project ownership mindset with the ability to identify inefficiencies, propose scalable solutions, and coordinate cross-functional implementation.
• Proactive, change-driven personality focused on continuous improvement and digital transformation.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance, Administrative, and Accounting/Auditing

• Industries

  Oil and Gas, Oil, Gas, and Mining, and Securities and Commodity Exchanges

Referrals increase your chances of interviewing at Richard James Recruitment Specialists Ltd by 2x

Get notified about new Settlement Analyst jobs in London Area, United Kingdom.

London, England, United Kingdom 2 weeks ago

Asset Management Loans Investment Operations Middle Office Analyst: Mayfair based boutique Asset Manager (Graduate with ideally 6-months – 2-years Operations experience)

London Area, United Kingdom £35,000.00-£45,000.00 22 hours ago

London, England, United Kingdom 3 days ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 6 days ago

London, England, United Kingdom 22 hours ago

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 21 hours ago

London, England, United Kingdom 6 days ago

London, England, United Kingdom 1 month ago

PSG Analyst - MDP Compensation Operations

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 17 hours ago

Graduate Business Modelling Analyst - London - Up to £40,000 + amazing bonus/benefits package

Business Operations | Analyst/Associate | London

London, England, United Kingdom 2 weeks ago

ETRM Business Analyst – x-train into Endur (v24) – London based Commodity Trading House

Greater London, England, United Kingdom 1 day ago

ETRM Business Analyst | Power | £800/Day OUTside IR35 | Energy Trading – 6 months rolling | Hybrid

London, England, United Kingdom £70,000.00-£85,000.00 4 hours ago

London, England, United Kingdom 15 hours ago

Greater London, England, United Kingdom 1 day ago

London, England, United Kingdom 1 day ago

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 1 hour ago

London, England, United Kingdom £50,000.00-£80,000.00 22 hours ago

Actuarial - Financial Analyst (Russian speaker)

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.