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Settlements Analyst – SEFE&MT

Settlements Analyst

#Job number :SEFEGR00423


Risk


London


Permanent

This position is responsible for supporting the Settlements Manager in providing a world-class settlements service to the business. The role will provide an excellent opportunity for a talented and motivated individual to gain exposure across a range of energy products and to work in an ambitious company.

Want to join us on our journey?

This position is responsible for supporting the Settlements Manager in providing a world-class settlements service to the business. The role will provide an excellent opportunity for a talented and motivated individual to gain exposure across a range of energy products and to work in an ambitious company.

What you will do?

  • Working within one of the sub teams within the Settlements department ensuring the timely production of invoices and payment of LNG and Shipping transactions according to the specific contractual terms.
  • Ensuring pricing and due date calculations are as per contractual terms.
  • Monitoring bank accounts to ensure incoming & outgoing funds are timely as well as responding to bank compliance queries promptly
  • Develop an in depth understanding of the various general & bespoke contract terms and conditions for LNG and shipping and develop robust validation techniques
  • Supporting the trading desk in counterparty relationships and in ensuring quality information flows across the business and acting to resolve any disputes
  • Liaison with various teams within the organisation from Risk Management, Product control, Legal, IT, Finance, Treasury and Credit teams to ensure integrity of data within the trading system to accurate reporting within defined timescales
  • Maintaining excellent working relationships with counterparties and other teams within the organisation
  • Focusing on continuously supporting and initiating improvements to the trading systems and work flow processes

What you’ll bring to the role?

  • A working knowledge of trading systems and trade lifecycle
  • Fluent in English with excellent written and verbal communication
  • Strong attention to detail, accuracy and numerical skills
  • Diligent and dependable
  • Good organisational and execution skills
  • Able to work well in a small but growing team
  • Able to work as part of a team as well as individually
  • Able to work effectively cross-functionally with all areas of the business
  • Dedication to review and improve existing processes
  • Energetic, enthusiastic, positive and proactive
  • Settlement experience in physical commodities, but LNG or Oil experience would be advantageous.
  • Reviewing contracts from a settlements perspective
  • Proficient in Microsoft Office and trading/accounting system. SAP and ETRM experience preferred
  • Experience of working with trading counterparties and direct contact with commercial operators and traders

 

Our offer to you

In return we offer a competitive starting salary supported by a comprehensive, and broad reaching benefits package which includes

  • bonus earning potential
  • non-contributory pension
  • 25 days holiday plus bank holidays and volunteering days
  • buy / sell holidays
  • life assurance
  • medical and dental insurance
  • range of optional flexible benefits

 

We are committed to supporting your career growth with opportunities to develop both your knowledge and experience through a blended approach to learning.

Who are we?    

As an integrated midstream energy company headquartered in Berlin, SEFE Securing Energy for Europe ensures the security of energy supply in Europe and drives the green energy transformation. SEFE is active in trading & portfolio management, sales, transportation, and storage of energy, and has its strongest presence in Germany and the UK. SEFE employs around 1,500 people and supplies over 50,000 customers in various European markets, from small businesses to municipal utilities, regional gas suppliers, industrial companies, power plants and multinational organisations. With a sales volume of around 200 TWh of power and gas, SEFE plays a central role in the stability of the energy supply in Europe. SEFE is owned by the Federal Government of Germany.

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