Sr. Settlements Analyst

Main Responsibilities

• Register counterparty and vendor invoices
• Fully understand standard and complex deals scenarios
• Provide price calculation to counterpart
• Issue commodity receivable invoices and check correctness of supporting information (pricing, tax etc.)
• Process commodity and vendor payable invoices, link with underlying cost in system and ensure proper approvals in accordance with Payable Approval Policy
• Update spreadsheets/dashboard for delivery monitoring and documentary follow-up
• Check receipt of funds for issued invoices
• Calculate and apply other regions taxes and tariffs to invoices and linkages
• Issue/process commodity payable/receivable netting invoices and offsets
• Process vendor payable invoices requiring reconciliations and/or allocations
• Process prepayments and provisional invoices
• Documents presentation under LCs / Liaise with bank on pre-checks results
• Cross check provision costs
• Focus primarily on complex deal and invoicing scenarios
• Process rebilling scenarios
• Process complex final invoicing scenarios
• Independently handle BL endorsement
• Resolve experienced level settlement issues and discrepancies
• Escalate settlement issues and discrepancies to ops and management
• Mentor entry level and experienced level
• Participate in workflow review
• Participate in UAT testing of IT systems
• Participate in settlement process improvement discussions

Qualifications

• Bachelor’s degree in business administration, accounting, or related field
• Five years or more experience with AR and AP commercial invoicing processes
• Understanding of local applicable taxes and basic understanding of some other region taxes
• Experience with vessel, barge, rail, truck, terminal, and/or pipeline invoicing preferred
• Experience with cargo or commodity invoicing preferred