Settlement Executive (Trade Finance)

Petrochina; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading energy company in Singapore is seeking a Trade Finance Specialist to manage trade transaction processing. Responsibilities include handling receivables and payables, coordinating with operations, and ensuring accurate recordkeeping. The ideal candidate will have a degree in Accounting or Finance and at least 3 years of relevant experience. Strong interpersonal and quantitative skills are essential. This role offers a dynamic work environment with opportunities for growth.

Qualifications

• Minimum 3 years of relevant experience in handling payments/invoicing/trade finance.
• LC knowledge will be an added advantage.

Responsibilities

• Handle receivables and payables for physical products trading transactions.
• Import LC issuance and Export LC negotiation.
• Review trade contracts.
• Coordinate with Operations on trade and shipment information.
• Follow up on the approval for payments.
• Handle payments for cargo and direct expenses.
• Maintain updated trade information in the system for month-end accounts closing.
• Provide information on receivables and payables for Treasury's cashflow planning.

Skills

Good interpersonal and communication skills

Good quantitative skills

Meticulous

Education

Degree in Accounting/Finance/Banking/Commerce/Maritime Studies or equivalent

Job description

This role is responsible for ensuring the accurate and timely processing of trade transactions, i.e. receivable and payable of oil & gas trades. It involves verifying trade details, reconciling discrepancies and collaborating with traders and operations team to resolve payment issues swiftly.

Responsibilities

• Handle receivables and payables for physical products trading transactions.
• Import LC issuance and Export LC negotiation.
• Review trade contracts.
• Coordinate with Operations on trade and shipment information.
• Follow up on the approval for payments.
• Handle payments for cargo and direct expenses.
• Maintain updated trade information in the system for the month-end accounts closing.
• Provide information on receivables and payables for Treasury's cashflow planning.
• Any other duties as assigned.

Requirements

• Degree in Accounting/Finance/Banking/Commerce/Maritime Studies or equivalent.
• Minimum 3 years of relevant experience in handling payments/invoicing/trade finance.
• LC knowledge will be an added advantage.
• Good interpersonal and communication skills.
• Good quantitative skills and meticulous.

Please write in with full resume, present and expected salary, contact telephone number(s), and any other relevant information to :

Personal Data Protection

In submitting your personal data and/or resume, you shall be deemed to consent to us collecting, using and disclosing your personal data for the purpose of assessing your job application. Information collected may also be disclosed to PetroChina Group of Companies (which includes PetroChina International (Singapore) Pte. Ltd., Singapore Petroleum Company Limited) for this purpose.

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