Financial Operations Analyst

Financial Operations Analyst – Oil

Location: London, UK (4 days onsite 1 day remote)

Type: Permanent

Role Overvie

wAs a Financial Operations Analyst, you will be accountable for supporting the Head of Settlements in ensuring a timely, accurate and complete end-to-end settlements process for all London Trading Desks within the Oil Group. You will support the team to ensure all settlements targets and KPI’s are met

.Key Responsibilitie

• sCompletion of the day-to-day workload as prescribed by your manager
• .Ensuring resolution of any day-to-day operational issues and escalating where appropriate
• .Building relationships both internally and externally to create and support business information flow
• .Complete the end-to-end invoicing process, including
• :Physical Receivable Invoice Process: Create, check and dispatch receivable invoices across physical trades and secondary costs
• .Physical Payable Invoice Process: Receive, validate and process payable invoices across physical trades and secondary costs
• .Brokerage Payable Invoice Process: Receive, validate, and process broker statements
• .Errors and Invoice Amendment: Problem solve invoice errors and amendments with support from other functions
• .Monitor receivables, including cash application and debt management
• .Monitor intercompany balances and invoicing processes
• .Liaise with internal desks/teams, particularly operations and risk management, on settlement disputes
• .Monitor and resolve queries from external parties, escalating where required
• .Resolve settlements issues to improve balance sheet position and cash conversion cycle
• .Follow team processes to ensure all counterparty, billing and settlement information is in line with company policy
• .Support and review regular updates of internal processes within the FinOps area
• .Proactively contribute to continuous improvement initiatives within Finance Operations
• .Meet KPI’s and performance targets allocated to your area
• .Provide review and commentary to team reporting and analytics such as month-end open items reporting
• .Support the manager with periodic and ad hoc management reporting
• .Perform ad hoc duties as required

.Education and Experience Requirement

• sExperience of working in settlements ideally within a global commodities/energy company (essential)
• .Knowledge of trading
• .Knowledge of physical commodities (essential)
• .Knowledge of straight-through processing from trading to accounting (desirable)
• .Focus on operational improvement
• .Ability to work well under pressure

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