Our client is a renowned commodity MNC with an international presence. It is now looking to hire the following 2 operations roles:
1st role- Settlement Ops (Concentrates)
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
· Experience in working with Commodities such as Metals / Concentrates / Oil / Power / Gas etc
· 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
2nd role: Financial Ops- Trade Support
- Trade validationto ensure that all trades are accurately captured in ETRM
- Trade reportingto keep abreast on latest reporting requirements set down by local authorities for OTC derivatives
to ensure compliant reports are sent to the authorities (eg MAS, ASIC) before the stipulated deadline
to trouble shoot and liaise with internal/external stakeholders in event of mapping or mismatched issues
to carry out User Acceptance Testing (UAT), if required
- Review and propose appropriate enhancements to streamline processes
- Any other tasks as directed by your line manager.
Technical qualifications and skills:
- Fresh graduates with Degree and Diploma will be considered. Or you are a trade support operations candidate with 1 to 3 years of relevant experience
- Experience in Power & Gas, Env Products and Oil derivatives is advantageous but not necessary
- IT proficiencies on Excel Macro, VBA and any computer language will be an added advantage but this is not a must
To apply, pl send your cv in word doc to [email protected]. Pl 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 ad is posted - 5 November 2024
