Current jobs related to Settlement Team Lead - Singapore - Ampol

  • Treasuary Settlements

    1 day ago

    Singapore PT BANK MANDIRI (PERSERO) TBK Full time

    Reporting to the Head of Operations, you will be leading a team of 3 persons focus on the smooth running of the Settlement Section. **The role’s responsibilities include**: - Manage the day-to-day processing function of treasury and wealth management products. - Check and verify trades, swift payments, receipts and other outgoing messages to ensure...

  • Regional Head of Settlement

    1 week ago

    Singapore DCS CARD CENTRE PTE. LTD. Full time

    **About the Company** Founded in 1973, DCS Card Centre (formerly Diners Club Singapore) is a financial institution licensed to issue credit and charge cards, governed by the Monetary Authority of Singapore (MAS) under the Banking Act. We deliver digital-first, customer-centric payment products and solutions for consumers, merchants and corporates....

  • Associate, Settlements Analyst

    1 week ago

    Singapore Temasek Full time

    The Settlements Analyst will be part of the Operational Stewards pillar under Investment Services (IS). Investment Services brings together all investment support activities under one function, spanning from deal advisory and data management to trade processing and investment accounting. It aims to serve as a trusted business partner to other departments...

  • VP, Team Lead

    5 days ago

    Singapore DBS Bank Limited Full time

    Vice President – Security Settlement and Funds Operations Business Functions In Wealth Management Operations, we support the day to day trades processing of the Wealth business of the consumer banking arm. The incumbent will lead a team of operations staffs and support new initiatives from the business. Responsibilities Oversee Security Settlement...

  • Settlements Analyst

    1 week ago

    Singapore Hays Full time

    **Your new company** A leading commodity trader specialising in LNG, Coal and Freight with a platform to trade across all key markets, where your focus would be on key financial matters affecting the company and for the design, implementation, maintenance and operation of financial processes and internal controls. **Your new role** - Invoice creation,...

  • Settlements Officer

    2 weeks ago

    Singapore LAND BANK OF TAIWAN Full time

    **Settlement Officer** **Qualifications for the position include：** - At least 3 year(s) experience in settlement or related for FX trades, Bonds and Money Market. - Degree or Diploma in Accounting, Banking & Finance and related majors. - Able to communicate with Head Office in Taiwan. **Skills required**: - Processing of Day to day FX, MM, Money...

  • Settlements Manager

    2 weeks ago

    Singapore Ethos BeathChapman Full time

    **Job Details**: **Location** Singapore **Salary** Competitive Salary **Job Type** Permanent **Ref** BH-18358-2 **Contact** Rachel JY Lim- **Contact phone** - +65 6692 0746 - **Posted** 16 minutes ago - Banking Client - Excellent coverage - Opportunity for growth An established banking client is seeking a - **Settlements Manager **to join the...

  • Settlement Director

    1 day ago

    Singapore DCS CARD CENTRE PTE. LTD. Full time

    **About the Company** Founded in 1973, DCS Card Centre (formerly Diners Club Singapore) is a financial institution licensed to issue credit and charge cards, governed by the Monetary Authority of Singapore (MAS) under the Banking Act. We deliver digital-first, customer-centric payment products and solutions for consumers, merchants and corporates....

  • Settlements Executive

    2 weeks ago

    Singapore The Resolute Hunter Pte Ltd Full time

    Seeking for a Settlements Executive with minimum 2 years of hands-on Settlements experience in a Commodities Trading company dealing with Gas/Power/Concentrates/Metals/Oil* THE COMPANY Entrenched within their specialized markets, this company seeks to exceptionally push their own boundaries. Currently, they are currently seeking for a Settlements Executive...

  • Settlements Executive

    3 days ago

    Singapore THE RESOLUTE HUNTER PTE. LTD. Full time

    *Seeking for a Settlements Executive with minimum 2 years of hands-on Settlements experience in a Commodities Trading company dealing with Gas/Power/Concentrates/Metals/Oil* **THE COMPANY** Entrenched within their specialized markets, this company seeks to exceptionally push their own boundaries. Currently, they are currently seeking for a Settlements...

Settlement Team Lead

3 weeks ago

Singapore Ampol Full time

**Ampol Management Services Pte Ltd**

**Primary Purpose of the Position**

The Settlements Team Lead is responsible for leading the settlements team to deliver efficient, accurate and timely processing of
invoices related to all Trading and Shipping activities.

**Critical Accountabilities & Outcomes**

**Settlements**
- Manage and oversee provisional and final invoicing of commodities, freight, ancillary costs as well as intercompany
- transactions with accuracy and timeliness.
- Provide support on routine reports, checks and reviews relating to Ampol’s transactional activities.
- Coordinate the New Counterparty and New Vendors on boarding process, being the interface between external
- parties and internal compliance teams.
- Coordinate payment related processes including Letters of Assignment and Letters of Indemnity.

**Governance**
- Ensure Trading System Reports are accurate and up to date daily.
- Identify, initiate, manage and/or support improvement of financial systems, processes, to meet business
- requirements and drive efficiencies within Finance.
- Analyse new or changed business processes and determine required settlement processes, procedures and controls and implement.
- Maintain the Supplier Quality Database, robust payables and receivables tracking reports and manage standard
- recurring rates in databases.

**Leadership, People and Culture**
- Lead the settlements team to perform back-office functions required to reflect Commodity Trading and Shipping
- transactions and other relevant operating activities in Ampol financial systems.
- Build and maintain effective relationships with key stakeholders across Ampol companies and external parties.
- Conduct regular performance review of direct reports against agreed objectives and identify their development needs and career progression.

**Key stakeholders and relationships of the role**
- Operations - ensure due approvals and appropriate instructions are received prior to processing commodity invoices
- Finance and Tax - ensure costs and revenue fee types are captured accurately and timely with appropriate treatment of GST where applicable.
- Legal and Contracts - ensure all invoices are in compliance with underlying contractual terms/agreements
- Chartering & Marine - engage the shipping team to verify prices if there are discrepancies in underlying shipping system and invoices.
- Trading Analysts -- engage the trading team to verify prices/payment terms if there are discrepancies in underlying cargo system and invoices.
- Intercompany Ampol Australia and Z Energy
- ensure timely and accurate communication of information to the intercompany invoice processing teams
- IT Services - engage with Ampol IT Services as required to resolve system issues and continue to improve system capabilities to improve the effectiveness and efficiency of services

**Qualifications**

Tertiary qualifications in a relevant discipline (Finance, economics, others may be considered).

**Experience**
- Experience working in a fast moving/changing environment or in oil trading companies.
- Experience handling commodity and shipping systems
- Settlement experience in oil trading preferred, with some team management exposure

**Knowledge & Skills**
- Clear understanding of contractual terms and conditions (basic Contract law).
- Sound understanding in operations, with preference given to petroleum shipping.
- Competency in basic financial analysis, reconciliations, invoice management.
- Attention to detail with strong problem solving and customer service skills.
- Competent negotiating skills with internal and external parties & strong numeracy and computer skills