Settlements Analyst, SG

JERA Trading Pte Ltd.; Singapore; Presencial; SGD 70.000 - 110.000; Jornada completa

Descripción de la vacante

JERA Trading Pte Ltd. is seeking a Settlements professional to handle AP/AR, reconciliations and settlements for physical and financial trading activities.

You will ensure pricing accuracy, due date calculations and regulatory compliance while coordinating with stakeholders to resolve discrepancies. The role involves timely collection of receivables, clearing overdue items with Operations, and supporting system implementations and continuous improvement initiatives within the Settlements

Formación

• At least 3 years of Settlements working experience preferably in the Commodity Industry.
• Diploma in Business, Finance or Accounting or equivalent.
• Experience participating in or leading process improvement, system implementation, automation or transformation projects.
• Experience in business requirement gathering, process mapping, UAT and change implementation will be an advantage.
• Strong understanding of operational controls, risk awareness and process governance.
• Proficient in Microsoft Excel and other Microsoft Office applications.
• Knowledge of IMOS, Horizon and SUN system would be advantageous.
• Experience with Power BI, Power Automate, Power Apps or other automation and reporting tools would be advantageous.
• Able to work independently with minimal supervision, strong self-initiative.
• Ability to manage multiple priorities and work well under time pressure.
• Good verbal and written communication skills, able to communicate effectively with people at all levels and attention to details.
• Strong team player and collaborate with other Finance team members to support overall Finance goals and objectives.
• Strong analytical and problem-solving skills with the ability to identify process gaps and recommend practical solutions.
• Strong team player with a continuous improvement mindset and willingness to challenge existing processes constructively.

Responsabilidades

• Prepare, issue, reconcile and settle Accounts Payable and Accounts Receivable invoices for all trading activities.
• Ensure pricing, due date calculations and invoices comply with contractual terms and regulatory requirements.
• Coordinate with stakeholders to resolve invoice reconciliation discrepancies in a timely manner.
• Ensure timely collection of receivables and monitor aging reporting.
• Work with Operations to clear overdue payables/receivables and unallocated cash items.
• Perform settlement validations and controls for accuracy and compliance.
• Identify and implement process improvements, automation and control enhancements.
• Support system implementations, upgrades, testing and transformation projects impacting Settlements.
• Analyze operational issues, identify root causes and recommend actions.
• Develop and enhance reports, dashboards, workflow automation and MIS tools with cross-functional collaboration.
• Maintain Settlements SOP documentation and ensure regulatory compliance.
• Ensure correct tax treatment of invoices and support audits with documentation.

Conocimientos

Analytical thinking

Process improvement

Stakeholder communication

Time management

Independent worker

Team collaboration

Educación

Diploma in Business/Finance/Accounting

Herramientas

IMOS

Horizon

SUN system

Power BI

Power Automate

Power Apps

Excel

Descripción del empleo

• Preparation, issuance, reconciliation, and settlement of Accounts Payable and Accounts Receivable invoices for all physical and financial trading activities handled by the Settlements team. Ensure pricing, due date calculations and invoices comply with contractual terms and regulatory requirements.
• Coordinate with stakeholders to resolve invoice reconciliation discrepancies proactively and in a timely manner.
• Responsible for ensuring the timely collection of receivables, monitoring aging reporting.
• Work with Operations team to clear overdue Accounts Payable/Accounts Receivable and unallocated cash items.
• Perform settlement validations and controls to ensure accuracy, completeness and compliance with established procedures.
• Identify, recommend, and implement process improvements, automation and control enhancement initiatives across settlements processes.
• Participate in and support system implementations, upgrades, testing activities, and business transformation projects impacting the Settlements function.
• Analyze operational issues, identify root causes and recommend sustainable corrective and preventive actions.
• Support the development and enhancement of reports, dashboards, workflow automation and management information tools. Collaborate with cross-functional stakeholders to improve operational efficiency, strengthen controls and enhance the overall settlements operating model.
• Ensure the Settlements team SOP documentation are maintained and kept up to date.
• Ensure compliance with trading standards and other regulatory requirements.
• Ensure correct tax treatment of invoices.
• Support internal and external audits by providing required documentation, explanations and evidence in a timely manner. Undertake other tasks and projects assigned by Senior Settlements Manager and Settlements Manager.
• May be required to work outside of normal business hours or on Singapore public holidays.
• May be required to cover settlements for London office during London business hours.

Responsibilities

• Preparation, issuance, reconciliation, and settlement of Accounts Payable and Accounts Receivable invoices for all physical and financial trading activities handled by the Settlements team. Ensure pricing, due date calculations and invoices comply with contractual terms and regulatory requirements.
• Coordinate with stakeholders to resolve invoice reconciliation discrepancies proactively and in a timely manner.
• Responsible for ensuring the timely collection of receivables, monitoring aging reporting.
• Work with Operations team to clear overdue Accounts Payable/Accounts Receivable and unallocated cash items.
• Perform settlement validations and controls to ensure accuracy, completeness and compliance with established procedures.
• Identify, recommend, and implement process improvements, automation and control enhancement initiatives across settlements processes.
• Participate in and support system implementations, upgrades, testing activities, and business transformation projects impacting the Settlements function.
• Analyze operational issues, identify root causes and recommend sustainable corrective and preventive actions.
• Support the development and enhancement of reports, dashboards, workflow automation and management information tools. Collaborate with cross-functional stakeholders to improve operational efficiency, strengthen controls and enhance the overall settlements operating model.
• Ensure the Settlements team SOP documentation are maintained and kept up to date.
• Ensure compliance with trading standards and other regulatory requirements.
• Ensure correct tax treatment of invoices.
• Support internal and external audits by providing required documentation, explanations and evidence in a timely manner. Undertake other tasks and projects assigned by Senior Settlements Manager and Settlements Manager.
• May be required to work outside of normal business hours or on Singapore public holidays.
• May be required to cover settlements for London office during London business hours.

Qualifications

• At least 3 years of Settlements working experience preferably in the Commodity Industry.
• Possess at least a Diploma in Business, Finance or Accounting or equivalent.
• Experience participating in or leading process improvement, system implementation, automation or transformation projects.
• Experience in business requirement gathering, process mapping, User Acceptance Testing (UAT) and change implementation will be an advantage.
• Strong understanding of operational controls, risk awareness and process governance.
• Proficient in Microsoft Excel and other Microsoft Office applications.
• Knowledge of IMOS, Horizon and SUN system would be advantageous.
• Experience with Power BI, Power Automate, Power Apps or other automation and reporting tools would be advantageous.
• Able to work independently with minimal supervision, strong self-initiative.
• Ability to manage multiple priorities and work well under time pressure.
• Good verbal and written communication skills, able to communicate effectively with people at all levels and attention to details.
• Strong team player and collaborate with other Finance team members to support overall Finance goals and objectives.
• Strong analytical and problem-solving skills with the ability to identify process gaps and recommend practical solutions.
• Strong team player with a continuous improvement mindset and willingness to challenge existing processes constructively.