Sr. Settlements Analyst

Sr. Settlements Analyst

Contract Type: Permanent

Senior Settlement Analyst responsible for managing settlement documents, verifying incoming invoices (AP), issuing outgoing invoices (AR), ensuring timely follow-up, maintaining AP arrangements in ETRMs for cash flow forecast, communicating with external and internal stakeholders, and participating in settlements process and system development.

• Register counter party and vendor invoices
• Fully understand standard and complex deals scenarios
  • Provide price calculation to counterpart
  • Issue commodity receivable invoices and check correctness of supporting information (pricing, tax etc.)
  • Process commodity and vendor payable invoices, link with underlying cost in system and ensure proper approvals in accordance with Payable Approval Policy
  • Update spreadsheets/dashboard for delivery monitoring and documentary follow-up
  • Check receipt of funds for issued invoices
  • Calculate and apply other regions taxes and tariffs to invoices and linkages
  • Issue/process commodity payable/receivable netting invoices and offsets
  • Process vendor payable invoices requiring reconciliations and/or allocations
  • Process prepayments and provisional invoices
  • Documents presentation under LCs / Liaise with bank on pre-checks results
  • Cross check provision costs
• Focus primarily on complex deal and invoicing scenarios
  • Process rebilling scenarios
  • Process complex final invoicing scenarios
• Independently handle BL endorsement
• Resolve experienced level settlement issues and discrepancies
• Escalate settlement issues and discrepancies to ops and management
• Mentor entry level and experienced level
• Participate in workflow review
• Participate in UAT testing of IT systems
• Participate in settlement process improvement discussions

• Bachelor’s degree in business administration, accounting, or related field

• Five or more years experience with AR and AP commercial invoicing processes
• Understanding of local applicable taxes and basic understanding of other region taxes
• Experience with vessel, barge, rail, truck, terminal, and/or pipeline invoicing (preferred)
• Experience with cargo or commodity invoicing (preferred)

• Microsoft Office advanced user
• Good Incoterm knowledge
• Understanding of Trade Finance documentation
• Professional communication skills