Trade Settlement Analyst – Energy & Commodities - UP6000

PERSOL; Santo Niño 1st; On-site; PHP 1,969,000 - 3,282,000; Part time

Job summary

PERSOL is seeking a Settlement Analyst to support the accurate settlement of physical and financial trading transactions, including invoicing, AR monitoring, and cross-functional coordination with trading and operations teams. The role emphasizes data integrity across ETRM systems and SAP, with the aim of timely invoicing and effective reconciliations.

The position is a 6-month contract with potential extension or conversion and requires solid experience in settlements and energy-related

Qualifications

• Bachelor’s degree preferred in Accounting, Finance or related field.
• 4 years working experience in Financial Institution or Shipping, in settlement team (AP, AR, processing invoice and liaising with counterpart)
• Industry knowledge - experience of working with trading counterparties and direct contact with trading desks and good working knowledge of trading systems and shipping knowledge
• Commodities trading knowledge - trading fundamentals, counterparties and key players in market
• Financial knowledge - good knowledge of different accounting reporting requirements (IFRS), experienced in invoicing processes for energy and related products, understanding and experience of the energy settlements processes and market developments
• Proficient in MS Excel
• Good team player with the ability to work both independently and collaboratively in a team
• Able to work under pressure to meet deadlines

Responsibilities

• Trade Settlement and Invoicing: Process and settle physical and financial transactions accurately using the Energy Trading and Risk Management system
• Data and Process Management: Maintain accurate settlement data across the ETRM system, SAP and related interfaces
• Reporting: Prepare settlement summary reports and ageing reports
• Coordinate with Traders, Schedulers, Credit and Operations on contract entries and deal documentation
• Support shipping charges and customs-duty payments and prepare proforma invoices for customs clearance

Skills

Attention to detail

Team player

Deadline driven

Communication skills

Education

Bachelor’s degree in Accounting, Finance or related field

Tools

ETRM system

SAP

Job description

Nearest MRT: Raffles Place
Working Hours: Monday to Friday, 9:00 AM – 6:00 PM
Salary: Up to S$6,000 per month
Contract: 6 months, extendable or convertible

Role Overview

You will support the accurate and timely settlement of physical and financial trading transactions. The role involves invoicing, payment processing, counterparty reconciliation, accounts receivable monitoring and coordination with trading and operations teams.

Key Responsibilities

Trade Settlement and Invoicing

• Process and settle physical and financial transactions accurately using the Energy Trading and Risk Management system
• Prepare invoices and remittance statements according to contractual terms
• Conduct mid-month and month-end reconciliations with counterparties
• Ensure invoices and payments are processed accurately and on time
• Monitor accounts receivable ageing and follow up on outstanding collection matters
• Investigate and resolve invoicing or settlement discrepancies with counterparties
• Liaise with Traders, Schedulers, Credit and Operations teams regarding contract entries, movement entries and deal documentation
• Support the settlement of shipping charges and customs-duty payments
• Prepare proforma invoices for customs clearance

Data and Process Management

• Maintain accurate settlement data across the ETRM system, SAP and related interfaces
• Ensure data integrity to support accurate financial and operational reporting
• Develop, document and maintain settlement procedures
• Review existing workflows and recommend process improvements

Reporting

• Prepare settlement summary reports
• Monitor outstanding confirmation ageing
• Produce statement, counterparty and actualisation reports
• Prepare accounts receivable ageing reports and highlight collection issues

Requirements

• Bachelor’s degree preferred in Accounting, Finance or related field

• Must have 4 years working experience in Financial Institution or Shipping, in settlement team (AP, AR, processing invoice and liaising with counterpart)

• Industry knowledge - experience of working with trading counterparties and direct contact with trading desks and good working knowledge of trading systems and shipping knowledge

• Commodities trading knowledge - trading fundamentals, counterparties and key players in market

• Financial knowledge - good knowledge of different accounting reporting requirements (IFRS), experienced in invoicing processes for energy and related products, understanding and experience of the energy settlements processes and market developments

• Proficient in MS Excel

• Good team player with the ability to work both independently and collaboratively in a team

• Able to work under pressure to meet deadlines