Settlements Payments Analyst

PetroChina International (Netherlands) Company B.V.; Greater London; On-site; GBP 45,000 - 60,000; Part time

Benefits offered by this job

Private medical

Dental and travel insurance

Contributory pension scheme

Gym allowance

25 days annual leave

Job summary

PetroChina International (London) Ltd invites applications for a Settlements Payments Analyst in London. The role contributes to the Finance function, handling end-to-end payments for PITL and PCIL, including commodity trading costs and accounts payable, with strong SAP payment process knowledge.

The successful candidate will manage reconciliations, cash allocations, and reporting, collaborating across internal teams.

Qualifications

• Degree in Finance/Banking/Commercial or equivalent preferred
• Proven experience in managing high-volume payment processes
• Excellent working knowledge of SAP and its payment functionalities
• Strong grasp of accounting terminology, accounts payable, and financial controls
• High attention to detail and strong analytical and problem-solving skills
• Excellent interpersonal and communication skills; a strong team player
• Able to work under pressure, prioritise tasks effectively, and meet tight deadlines

Responsibilities

• Manage and own end-to-end payments lifecycle for PITL and PCIL, ensuring accuracy and timely execution
• Execute and oversee all payments related to commodity trading activities and related costs
• Maintain knowledge of SAP payment processes and ensure compliance with controls
• Ensure accurate cash allocation for accounts receivable in SAP and resolve issues with stakeholders
• Perform daily reconciliations between SAP and bank reports and resolve discrepancies
• Monitor payment status across systems to ensure process integrity
• Prepare and deliver monthly payment reconciliations and other analytical reports
• Circulate AR/AP outstanding reports and support overdue follow-ups
• Undertake additional tasks and projects as assigned by the Manager

Skills

SAP payments

High-volume payments

Accounting terminology

Analytical skills

Interpersonal skills

Team player

Education

Finance/Banking degree

Tools

SAP

Job description

Settlements Payments Analyst

Application Deadline: 30 October 2026

Department: Finance

Employment Type: Fixed Term Contract

Location: London, UK

Description

The Settlements Payments Analyst plays a critical role within the Commodity Settlements team, part of the Finance function. This position is responsible for the accurate and timely execution of all payments made by PetroIneos Trading & Refining (PITL) and PetroChina International (London) Ltd (PCIL), encompassing both commodity trading-related costs and general accounts payable.

A strong understanding of the end-to-end payments process in SAP is essential, along with familiarity with commodity trading costs, accounting terminology, and best practices. The role involves regular interaction with a wide range of internal and external stakeholders, requiring excellent interpersonal and teamworking skills. In addition, strong analytical thinking and problem-solving abilities are vital to succeed in this role.

This is a 12-month fixed term contract.

Key Responsibilities

• Manage and take full ownership of the end-to-end payments lifecycle for PetroIneos Trading & Refining (PITL) and PetroChina International (London) Ltd (PCIL), ensuring accuracy, compliance, and timely execution.
• Execute and oversee all payments related to commodity trading activities, including freight, inspection, storage, demurrage, and associated operational costs.
• Maintain in-depth knowledge of SAP payment processes, ensuring all transactions align with internal controls and established best practices.
• Ensure accurate cash allocation for accounts receivable across various company codes in SAP, investigating and resolving issues in coordination with the relevant Settlements Analyst.
• Perform daily reconciliations between SAP and bank reports, identifying discrepancies and resolving issues such as returned funds within defined timescales.
• Monitor and update payment status across various internal systems, ensuring end-to-end process integrity and visibility.
• Prepare and deliver monthly payment reconciliation reports and other analytical reports to support financial oversight and decision-making.
• Circulate accounts receivable/payable (AR/AP) outstanding reports and support follow-up on overdue debtor balances.
• Undertake additional tasks and projects as assigned by the Manager.

Skills, Knowledge and Expertise

• Degree in Finance/Banking/Commercial or equivalent preferred
• Proven experience in managing high-volume payment processes, ideally within a commodities or trading environment.
• Excellent working knowledge of SAP and its payment functionalities.
• Strong grasp of accounting terminology, accounts payable, and financial controls.
• High attention to detail and strong analytical and problem-solving skills.
• Excellent interpersonal and communication skills; a strong team player with the ability to build relationships across departments.
• Able to work under pressure, prioritise tasks effectively, and meet tight deadlines.

Benefits

• This role offers a competitive salary (commensurate with experience), plus a comprehensive benefits package, including Private Medical, Dental and Travel Insurance cover, Life Assurance, Annual Gym Allowance, Contributory Pension Scheme, 25 days annual leave, Discretionary Bonus, and more. This is a full-time fixed-term contract position, with the successful candidate being required to attend the London office 4 days per week.