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    Settlements Analyst - London, United Kingdom - Novum Energy

    Novum Energy
    Novum Energy London, United Kingdom

    3 weeks ago

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    Description

    Job Description

    Settlements Analyst

    Green Park, Central London SW1Y

    Competitive + bonus + benefits

    Permanent, full-time

    What are we looking for:

    We're hiring a full time Settlements Analyst to join our global accounting team working in our central London office. The role would suit someone ideally from the trading industry, comfortable with responsibility, attention to detail, analytical skills, an out of the box thinker, and an individual who is confident of their own capabilities. The role will report to the Settlements Manager based in Houston, Texas.

    What should you bring:

    • Bachelor's degree in accounting, finance, or a related field.
    • 5+ years of work experience in an accounting role.
    • Excellent written and verbal communication skills
    • Experience working in a trading system, Allegro experience is a plus.
    • An interest to take initiative, work in a fast-paced environment and be an energetic and responsive team player.
    • Ability to work independently and without supervision, ensuring deadlines are adhered to.
    • Strong organizational skills, attention to detail and ability to demonstrate problem-solving skills.
    • Excellent presentation and interpersonal skills to interface with all levels of management.
    • High level of confidentiality and professionalism.
    • Strong knowledge of Microsoft Office Suite (Word, Excel, Outlook, PowerPoint, and Teams).
    • Ability to work flexible hours when needed.

    What you will do:

    • Work closely with Operators to finalize AR and AP invoicing (review contracts, INCOTERMS, inspection reports, and other related cargo documents).
    • Generate and reconcile invoices in trading system (Allegro), send invoices to counterparties, track payments, and follow up as needed.
    • Resolve discrepancies communicating timely with internal and external stakeholders in order to process payments.
    • Prepare statement of accounts for specific business customers
    • Assist with invoice administration ensuring timely and accurate filing of invoices into tracker.
    • Prepare/generate ad-hoc reports from Sun Systems for periodic internal and external use.
    • Reconcile inventory monthly comparing EOM statements to trade/accounting systems.
    • Assist with digital filing of all important trade documents (for internal and external purposes).
    • Provide ideas to streamline processes specifically related to East Africa business line, whilst assisting in implementation of PFI generation from trading system.
    • Gather supporting documents for Audits and Financial Statements.
    • Perform additional duties as assigned and participate in special projects as required.

    About us:

    Novum Energy is a global physical oil supply and trading company, delivering refined oil products such as gasoline, distillates and fuel oil to a network of customers including refineries, power plants, storage terminals, and retail stations. Novum has over 100 staff worldwide and is headquarter in Houston, Texas with offices in Mexico City, Argentina, Singapore, Dubai and London.

    Our principals are experts in commodity trade and deliver tailored made solutions to our customers including shipping and logistics, blending products to required specifications and trade finance.

    Our customers choose Novum Energy because of our commitment to on-time delivery, attention to detail and unparalleled customer service.

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