Settlements Analyst

Gunvor Singapore Pte. Ltd.; Singapore; On-site; SGD 48,000 - 60,000; Full time

Job summary

A leading commodities trading firm in Singapore is looking for an individual to manage the invoice processing lifecycle. Responsibilities include verifying incoming invoices, coordinating with various departments, and ensuring timely payments. The ideal candidate should possess a Bachelor's degree in business, accounting, or finance, along with good communication skills in English. Experience in international invoice processing and knowledge of commodities markets are beneficial.

Qualifications

• Bachelor's degree in a relevant field is essential.
• Experience with processing international invoices is beneficial.
• Must be a good communicator in both written and spoken English.

Responsibilities

• Register and process incoming trading invoices.
• Check correctness of invoices payable.
• Monitor approval of invoices for payment.

Skills

International invoices processing

Knowledge of commodities and financial markets

Good communication in English

Computer skills in Excel and Microsoft Office

Education

Bachelor’s degree in business administration, accounting or finance

Job description

Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy and bulk materials from where they are sourced and stored to where they are demanded most. Gunvor has strategic investments in industrial infrastructure—refineries, pipelines, storage and terminals—that complement our core trading activity and generate sustainable value across the global supply chain for our customers. For 2023, Gunvor reported US $127 billion in revenue on 177 million MT of volumes, and remains on track to cut Scope 1 and 2 emissions 40, and to reduce the carbon intensity of its shipping fleet by 10% by 2025.

For more information, visit GunvorGroup.com

Overview of Role

Gunvor is seeking a motivated individual who is ready to apply their knowledge in a fast-paced, real-world environment. The individual will support the deal life-cycle process with the delivery of accurate and timely settlements preparation, invoice issuance, invoice receipt, and review of settlement transactions, The individual will act as a reliable point of contact for routine internal and external inquiries and liaise with traders, operators, risk, finance, contracts, accounting and tax departments on a daily basis.

Main Responsibilities

• Register and process incoming trading invoices
• Check correctness and relevance for invoices payable
• Allocate invoices payable amounts among trading desks and invoice owners
• Verify payable invoices data versus trading system entries and estimates
• Monitor and remind approval of invoices for payment
• Ensure that payable invoices are sent for payment timely
• Issue sales invoices per instructions from desk operators and senior team members
• Verify underlying transaction details and tax implications before issuing invoices
• Register sales invoices prepared in other systems
• Monitors accounts receivable and communicate issues to other departments
• Provide invoice related information to other departments

Profile

The individual should have the following qualifications/ experience:

• Bachelor’s degree in business administration, accounting or finance related field
• International invoices processing experience is beneficial
• Knowledge or experience with commodities and/or financial markets is beneficial
• Good communicator in both written and spoken English
• Must be able to coordinate work with team members in other countries
• Computer skills in Excel and other Microsoft Office applications

If you think the open position you see is right for you, we encourage you to apply!

Our people make all the difference in our success.

About Us

At Gunvor, we are always looking for talented and motivated new people who will contribute to the success and growth of our company. Every day, with their know-how, expertise and passion, our people make the difference and enable us to achieve our vision. Our global business offers a wide variety of opportunities and career paths. If you are unable to find any suitable vacancies, we recommend that you set up alerts to be notified when a position matching your criteria becomes available.