Settlement Analyst

We are partnering with an established organisation within the commodities and energy sector to recruit a Settlement Analyst.

The successful candidate will oversee invoicing, reconciliation and payment activities across physical and financial trades. This is a hands-on position requiring close coordination with trading desks, operational teams, finance functions and external counterparties to ensure settlements are completed accurately and within contractual timelines.

Key Responsibilities:

• Oversee the full settlement cycle for physical and financial commodity transactions using the company’s trading system.
• Review trade details, contractual pricing, volumes, payment terms and ancillary charges before processing invoices.
• Prepare sales invoices, remittance statements and other supporting settlement documentation.
• Verify supplier invoices and address any discrepancies before payment.
• Perform periodic reconciliations with counterparties, including mid-month and month-end balances.
• Monitor outstanding receivables and follow up on overdue, disputed or unresolved items.
• Investigate settlement differences and work with the relevant parties to achieve timely resolution.
• Partner with Trading, Operations, Scheduling, Credit and Finance on contracts, cargo movements and deal documentation.
• Coordinate with external counterparties on invoicing, payment and reconciliation matters.
• Facilitate payments relating to freight, shipping, customs duties and other trade-related expenses.
• Prepare supporting invoices and documentation required for customs clearance.
• Maintain accurate settlement records across ETRM/CTRM, ERP and associated system interfaces.
• Produce regular reports covering settlement status, outstanding confirmations, trade actualisation, counterparty balances and accounts receivable.
• Support month-end closing, audit requests and the ongoing improvement of settlement controls and procedures.

Requirements:

• Bachelor’s degree in Accounting, Finance, Business or a related discipline.
• At least five years of settlement, invoicing or trade-finance operations experience within commodities or energy trading.
• Sound understanding of physical commodity transactions and the broader trade lifecycle.
• Prior experience supporting trading desks and working directly with operational teams and external counterparties.
• Familiarity with commodity contracts, pricing structures, shipping documents and payment terms.
• Hands-on experience with an ETRM or CTRM platform; exposure to ERP systems such as SAP would be advantageous.
• Proficient in Microsoft Excel and comfortable working with large volumes of transactional data.
• Strong reconciliation, analytical and problem-solving capabilities.
• Careful and organised, with the ability to manage competing priorities and time-sensitive settlement deadlines.
• Able to work independently while collaborating effectively across multiple business functions.

How to Apply:

Interested applicants may submit their updated resume in MS Word format to: Shahul Hameed Bin Abdullah (EA Reg. No. R1657531)

For a confidential discussion, please contact: 📞 6590 9947 / 9697 9685

Please note:

• Only shortlisted candidates will be notified.
• All applications will be handled with strict confidentiality.
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