Settlements Analyst, Sg

COMPANY DESCRIPTION

**About the Company**

JERA Global Markets (JERAGM) is a leading utility-backed seaborne energy trader specialising in LNG, coal and freight. A joint venture between majority shareholder JERA Co., Inc. and EDF Trading, JERAGM’s shareholders are among the world’s largest utilities.

JERAGM operates one of the largest energy portfolios in the world which gives it an in-depth understanding of the way local, regional and international energy markets behave. These insights enable it to help its customers increase security of supply, optimise their portfolios and improve the risk management of their assets.

JERAGM LNG team manages the flexibility of over 35 million tonnes of supply each year, with structural access to both the European and North American gas markets. The coal team manages 60 million tonnes of supply each year for its shareholders and third-party customers and operates a major coal terminal in the Netherlands.

Headquartered in Singapore, JERAGM has a global talent pool of more than 250 people across offices located in four strategic locations: Singapore, Japan (Tokyo), the UK (London) and the US (Baltimore).

JERAGM is strongly capitalised with over US$500 million in paid up capital and a total equity of US$3 billion. JERAGM has retained its A+ Stable rating from R&I, attributable to a robust business model and solid financial base.

DESIGNATION : Settlements Analyst, SG

RESPONSIBILITIES

**Department**:
The Finance department is responsible for all key financial matters affecting the company and for the design, implementation, maintenance and operation of financial processes and internal controls.

The Finance team is accountable for the management and oversight of the following functions:

- Settlements
- General Accounting
- Consolidation Reporting
- Financial planning & Analysis
- Tax

**Key Role Responsibilities**:

- Invoice creation, distribution, reconciliation and settlement of physical and financial trading activities for Coal, LNG and Freight (Accounts Payable/Receivable)
- Coordinate with stakeholders to resolve invoice reconciliation discrepancies proactively and timely
- Responsible for ensuring the timely collection of cash and aging reporting
- Work with operations team to clear overdue Accounts Payable/Accounts Receivable items and non-allocated cash
- Identify, recommend, and implement process improvements around settlements processes
- Ensure the Settlements team SOP documentation are kept updated
- Ensure compliance with trading standards and other regulatory requirements
- Ensure correct tax treatment of invoices
- Other tasks and projects assigned by Settlements Manager and Settlements Specialist
- May be required to work outside of normal business hours
- May be required to cover settlements for London office during London business hours

QUALIFICATIONS
- Minimum 2 years of Settlements working experience preferably in the Commodity Industry, with a minimum Diploma in Accounting or equivalent professional degree
- System savvy and proficient in Microsoft Office suite
- Able to work independently with mínimal supervision, strong self-initiative
- Ability to manage multiple priorities and work well under time pressure
- Good verbal and written communication skills, able to communicate effectively with people at all levels and attention to details
- Strong team player and collaborate with other Finance team members to support overall Finance goals and objectives
- Strong problem-solving skills
- Knowledge of IMOS, Horizon and SUN system are preferable but not a must as training will be provided.

OTHER INFORMATION

This role offers an excellent opportunity to further develop skills and responsibility within a growing and successful commodity trading business.