Settlements Analyst

Richard James Recruitment Specialists Ltd; Greater London; On-site; GBP 40,000 - 60,000; Full time

Job summary

Richard James Recruitment Specialists Ltd is seeking a Settlements Analyst to support end-to-end LNG transaction settlements. The role involves invoicing, payment processing, FX settlements, reconciliations, and driving process improvements while supporting the ongoing development of the company’s ETRM platform.

Ideal candidates will have 2+ years in commodity settlements, LNG or energy trading experience, strong Excel skills, and familiarity with ETRM systems such as EOS, Endur or Allegro.

Qualifications

• 2+ years' experience in commodity settlements.
• LNG, natural gas, power or commodity trading experience.
• Experience using ETRM systems (EOS, Endur, Allegro or similar).
• Advanced Excel skills and strong attention to detail.

Responsibilities

• Prepare, validate and issue commodity sales invoices via the ETRM system.
• Review and process commodity purchase invoices; resolve discrepancies.
• Reconcile FX settlements with banking counterparties.
• Manage aged receivables; follow up overdue balances.
• Perform payment verification calls and set up payments per Treasury rules.
• Investigate settlement breaks and invoice disputes.
• Participate in ETRM enhancement projects and UAT.
• Maintain counterparty, settlement and banking data in ETRM.
• Identify process improvements to strengthen controls and resilience.

Skills

Commodity settlements experience

LNG/Natural gas trading

ETRM systems

Advanced Excel

Tools

EOS

Endur

Allegro

Job description

Our client is an established European energy and commodities business with an international trading operation and a growing presence in the LNG market. The business is continuing to develop its technology capabilities and is investing in systems and processes that support its trading activities.

We are seeking a Settlements Analyst with 2 years experience in commodity trading settlements to support the end-to-end settlement of LNG transactions. The role will be responsible for invoicing, payment processing, FX settlements, reconciliations and process improvement initiatives, whilst supporting the continued development of the Company's ETRM platform.

KEY RESPONSIBILITIES

• Prepare, validate and issue commodity sales invoices through the ETRM system, ensuring compliance with contractual terms.
• Review, validate and process commodity purchase invoices, resolving discrepancies where required.
• Reconcile and confirm foreign exchange settlements with banking counterparties.
• Manage the aged receivables process, proactively following up overdue balances and resolving outstanding issues.
• Perform payment verification call-backs and set up payments in accordance with Treasury requirements and internal control procedures.
• Investigate and resolve settlement breaks, invoice disputes and other transactional discrepancies.
• Participate in ETRM enhancement projects, user acceptance testing (UAT) and process automation initiatives.
• Maintain accurate counterparty, settlement and banking static data within the ETRM system.
• Identify and implement process improvements to strengthen controls, efficiency and operational resilience.

SKILLS & EXPERIENCE

• 2+ years' experience in commodity settlements.
• LNG, natural gas, power or commodity trading experience.
• Experience using ETRM systems (EOS, Endur, Allegro or similar).
• Ability to work effectively in a fast-paced trading environment.
• Experience with process improvement and systems development projects.
• Advanced Excel skills and strong attention to detail.

Personal Attributes

• Highly organised and detail-oriented.
• Strong analytical and problem-solving skills.
• Proactive and continuous improvement mindset.
• Effective communicator with strong stakeholder management skills.
• Ability to manage multiple priorities and deadlines.