Settlements Analyst

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Summary of Company

Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy and bulk materials from where they are sourced and stored to where they are demanded most. Gunvor has strategic investments in industrial infrastructure—refineries, pipelines, storage and terminals—that complement our core trading activity and generate sustainable value across the global supply chain for our customers. For 2023, Gunvor reported US $127 billion in revenue on 177 million MT of volumes, and remains on track to cut Scope 1 and 2 emissions 40, and to reduce the carbon intensity of its shipping fleet by 10% by 2025.

For more information, visit GunvorGroup.com

Overview of Role

Gunvor is seeking a motivated individual who is ready to apply their knowledge in a fast-paced, real-world environment. The individual will support the deal life-cycle process with the delivery of accurate and timely settlements preparation, invoice issuance, invoice receipt, and review of settlement transactions, The individual will act as a reliable point of contact for routine internal and external inquiries and liaise with traders, operators, risk, finance, contracts, accounting and tax departments on a daily basis.

Main Responsibilities

• Register and process incoming trading invoices
• Check correctness and relevance for invoices payable
• Allocate invoices payable amounts among trading desks and invoice owners
• Verify payable invoices data versus trading system entries and estimates
• Monitor and remind approval of invoices for payment
• Ensure that payable invoices are sent for payment timely
• Issue sales invoices per instructions from desk operators and senior team members
• Verify underlying transaction details and tax implications before issuing invoices
• Register sales invoices prepared in other systems
• Monitors accounts receivable and communicate issues to other departments
• Provide invoice related information to other departments

Profile

The individual should have the following qualifications/ experience:

• Bachelor’s degree in business administration, accounting or finance related field
• International invoices processing experience is beneficial
• Knowledge or experience with commodities and/or financial markets is beneficial
• Good communicator in both written and spoken English
• Must be able to coordinate work with team members in other countries
• Computer skills in Excel and other Microsoft Office applications

If you think the open position you see is right for you, we encourage you to apply!

Our people make all the difference in our success.