Settlements Analyst

Posted One Month Ago
Be an Early Applicant
Calgary, AB, CAN
In-Office
Mid level
Energy
The Role
Processes payable and sales invoices for physical commodity and power trading transactions. Verifies invoice accuracy, transaction details, tax implications, pricing, approvals, and payment timing; allocates payable amounts, monitors receivables, supports accruals, and coordinates settlement information with trading, operations, risk, finance, accounting, tax, and external counterparties.
Summary Generated by Built In

Job Title:

Settlements Analyst

Contract Type:

Permanent

Time Type:

Full time

Job Description:

Centalion is one of the largest independent energy trading companies in the world operating in over 100 countries, with its main trading offices in Geneva, Singapore, London, Dubai, Shanghai and Houston. Centalion Group Ltd, the group holding company, is based in Singapore.


As one of the world's major independent commodity trading companies, Centalion is a market leader in the trade, transport, storage and optimization of oil and other energy products.


Main Responsibilities


  • Register and process incoming trading invoices
  • Check correctness and relevance for invoices payable
  • Allocate invoices payable amounts among trading desks and invoice owners
  • Verify payable invoices data versus trading system entries and estimates
  • Monitor and remind approval of invoices for payment
  • Ensure that payable invoices are sent for payment timely
  • Issue sales invoices per instructions from desk operators and senior team members
  • Verify underlying transaction details and tax implications before issuing invoices
  • Register sales invoices prepared in other systems
  • Monitors accounts receivable and communicate issues to other departments
  • Provide invoice related information to other departments
  • Confirm deal pricing and assist in volume support gathering
  • Enter and update cost accruals with guidance from operations

Qualifications / Experience


  • Bachelor’s degree in business administration, accounting, or related field
  • Two to five years of experience with the following:
    • Physical commodity settlements for products delivered by vessels, barges, railcars, trucks, terminals, and/or pipelines
    • Physical and financial power settlements with ISOs and bilateral counterparts
    • Commodity storage, terminal, freight, and other ancillary cost invoicing  

If you think the open position you see is right for you, we encourage you to apply!

Our people make all the difference in our success.

Skills Required

  • Bachelor's degree in business administration, accounting, or a related field
  • Two to five years of experience in physical commodity settlements involving vessels, barges, railcars, trucks, terminals, and/or pipelines
  • Two to five years of experience in physical and financial power settlements with ISOs and bilateral counterparts
  • Two to five years of experience with commodity storage, terminal, freight, and other ancillary cost invoicing
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The Company
HQ: Geneva
929 Employees

What We Do

Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy, metals and bulk materials from where they are sourced and stored to where they are demanded most. With strategic investments in industrial infrastructure—refineries, pipelines, storage, terminals, mining and upstream—Gunvor further generates sustainable value across the global supply chain for its customers. More information can be found at www.gunvorgroup.com or @Gunvor

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