Settlement Ops

5 days ago

Singapore The Cap Consulting Group Pte Ltd Full time

**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**

Our client is a renowned commodity MNC with an international presence.

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

Posted by: CAP Consulting (EA license: 14C7175)

Caroline Poh (EA Registration: R1105649)

Date Posted - 12 November 2024

**Job Types**: Full-time, Permanent

Schedule:

- Monday to Friday

Work Location: In person

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