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Settlement Ops (Concentrates) role with a renowned commodity trading MNC

Salary undisclosed

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  • Settlement experience in working with Commodities such as Metals / concentrates etc is required
  • Experience in reviewing physical trading contracts from a Settlement’s perspective
  • Experience in preparation and presentation of invoices and supporting documents including letters of indemnity

Our client is a renowned commodity MNC with an international presence.

Working as part of the Settlements Operations team, you will be responsible for validating/preparing and presentation of invoices and supporting documents including letters of indemnity within deadlines in accordance with business transaction procedures, covering a variety of products including Power, Gas and Metals / Concentrates.

Key Responsibilities:

  • Ensure pricing and due date calculations are in compliance with contractual terms
  • Ensure timely and accurate settlement of invoices
  • Invoice creation, reconciliation and settlement of physical and financial commodities trades for both payables and receivables
  • Liaise with internal and external stakeholders to resolve invoicing discrepancies proactively and timely
  • Ensure invoices are compliant with trading standards, tax and other regulatory requirements
  • Identify and recommend improvements to Settlement’s processes
  • Able to work independently without any direct supervision but also able to work as a team on projects
  • Able to manage any ad hoc task and projects for Settlements when assigned
  • Committed to seeing issues through until eventual resolution
  • Carry out any other tasks as directed by line manager

Technical qualifications and skills:

  • Minimum 2 years’ working experience
  • Settlement experience in working with Commodities such as Metals / concentrates etc is required
  • Experience in reviewing physical trading contracts from a Settlement’s perspective
  • Experience in preparation and presentation of invoices and supporting documents including letters of indemnity
  • Comfortable in ensuring invoice data matches LC requirements
  • Basic understanding of compliance procedures and issues in relation to Sanctions and Anti-Money Laundering
  • Basic knowledge of incoterms and its implications
  • Knowledge of UCP 600
  • Excellent attention to detail including data entry
  • Experience in working in a fast-paced trading environment
  • IT proficiencies in Excel and trading system
  • Knowledge in Australia, Japan and New Zealand power business will be an added advantage
  • Has a stable CV

To apply, please send your cv in word doc to [email protected]. Please also include details on your current salary, expected salary and notice period in your cv.

We regret to inform that only shortlisted candidates will be notified.

Posted by: CAP Consulting (EA license: 14C7175)

Caroline Poh (EA Registration: R1105649)

Date Posted - 19 February 2025

Job Types: Full-time, Permanent

Schedule:

  • Monday to Friday

Work Location: In person

  • Settlement experience in working with Commodities such as Metals / concentrates etc is required
  • Experience in reviewing physical trading contracts from a Settlement’s perspective
  • Experience in preparation and presentation of invoices and supporting documents including letters of indemnity

Our client is a renowned commodity MNC with an international presence.

Working as part of the Settlements Operations team, you will be responsible for validating/preparing and presentation of invoices and supporting documents including letters of indemnity within deadlines in accordance with business transaction procedures, covering a variety of products including Power, Gas and Metals / Concentrates.

Key Responsibilities:

  • Ensure pricing and due date calculations are in compliance with contractual terms
  • Ensure timely and accurate settlement of invoices
  • Invoice creation, reconciliation and settlement of physical and financial commodities trades for both payables and receivables
  • Liaise with internal and external stakeholders to resolve invoicing discrepancies proactively and timely
  • Ensure invoices are compliant with trading standards, tax and other regulatory requirements
  • Identify and recommend improvements to Settlement’s processes
  • Able to work independently without any direct supervision but also able to work as a team on projects
  • Able to manage any ad hoc task and projects for Settlements when assigned
  • Committed to seeing issues through until eventual resolution
  • Carry out any other tasks as directed by line manager

Technical qualifications and skills:

  • Minimum 2 years’ working experience
  • Settlement experience in working with Commodities such as Metals / concentrates etc is required
  • Experience in reviewing physical trading contracts from a Settlement’s perspective
  • Experience in preparation and presentation of invoices and supporting documents including letters of indemnity
  • Comfortable in ensuring invoice data matches LC requirements
  • Basic understanding of compliance procedures and issues in relation to Sanctions and Anti-Money Laundering
  • Basic knowledge of incoterms and its implications
  • Knowledge of UCP 600
  • Excellent attention to detail including data entry
  • Experience in working in a fast-paced trading environment
  • IT proficiencies in Excel and trading system
  • Knowledge in Australia, Japan and New Zealand power business will be an added advantage
  • Has a stable CV

To apply, please send your cv in word doc to [email protected]. Please also include details on your current salary, expected salary and notice period in your cv.

We regret to inform that only shortlisted candidates will be notified.

Posted by: CAP Consulting (EA license: 14C7175)

Caroline Poh (EA Registration: R1105649)

Date Posted - 19 February 2025

Job Types: Full-time, Permanent

Schedule:

  • Monday to Friday

Work Location: In person