Commodities Settlement Expert
5 days ago
**Job Title:** Commodities Settlement Expert
We are seeking a highly skilled and experienced Commodities Settlement Expert to join our team at The Cap Consulting Group PTE. LTD.
**About the Role:**
The successful candidate will be responsible for validating and preparing invoices and supporting documents, including letters of indemnity, within tight deadlines in accordance with business transaction procedures. This role will involve working with 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
- Create, reconcile, and settle 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 comply with trading standards, tax, and other regulatory requirements
- Identify and recommend improvements to settlement processes
- Work independently without direct supervision but also as part of a team on projects
**Required Skills and Qualifications:**
To be successful in this role, you will need:
- Minimum 2 years' experience in commodities trade finance
- Experience in reviewing physical trading contracts from a settlement perspective
- Comfortable 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 and IT proficiency in Excel and trading systems
**Salary:** We offer a competitive salary of SGD $80,000 - $110,000 per annum, depending on experience.
We regret that only shortlisted candidates will be notified.
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