Financial Operations Analyst

*ONLY CANDIDATES WITH PHYSICAL OIL TRADING EXPERIENCE WILL BE CONSIDERED*

We are working with a leading oil trading firm looking to expand their team in Dubai with a physical & financial trade support/settlements/operations analyst.

Responsibilities

Invoicing & Settlements

Manage the timely invoicing and settlement of both physical oil trading and financial derivatives (futures, swaps, OTC trades under ISDA).

Generate and validate sales invoices for actualized trades, ensuring accuracy with contractual terms.

Reconcile and process incoming counterparty invoices, tracking and resolving any discrepancies.

Secure approvals for payments and work with Treasury for cash forecasting and collateral management.

Ensure compliance with clearing broker positions, execution fees, and ISDA confirmations.

Trade Validation & Reconciliation

Perform daily reconciliation of trading activity in ETRM against execution and broker clearing statements.

Validate Open Trade Equity (Mark-to-Market) of clearing broker positions and trade realizations.

Work closely with traders to process any trade amendments, ensuring all changes are authorized.

Counterparty & Contract Management

Support the negotiation of ISDA and master agreements, including settlement and credit terms.

Draft and review physical oil trade contracts, ensuring compliance with internal policies.

Liaise with external counterparties, legal, credit, and finance teams to resolve any settlement or contractual disputes.

Risk, Compliance & Reporting

Ensure all transactions comply with financial regulations and risk management frameworks.

Provide month-end reporting, including aged debt, accruals, and reconciliation statements.

Assist in collateral management and margin calls in coordination with Treasury.