Trade Settlements Analyst

Vitol
US - Texas - Houston
October 1, 2024

Company Description

We are the world's largest independent energy and commodities trading company. Every day we use our expertise and logistics networks to distribute energy around the world, efficiently and responsibly. From 40 offices worldwide, we seek to add value across the energy supply chain, including deploying our scale and market understanding to help facilitate the energy transition. To date, we have committed over $2 billion of capital to renewable projects, and are identifying and developing low-carbon opportunities around the world.

Our people are our business. Talent is precious to us and we create an environment in which individuals can reach their full potential, unhindered by hierarchy. Our team comprises more than 65 nationalities and we are committed to developing and sustaining a diverse work force. Learn more about us here.

Vitol's Middle Office function couples a dynamic and challenging work environment with a team eager for growth, learning, and career development. The Middle Office is comprised of distinct and critical roles that support Economic, Operational, Legal and Regulatory health of our Commercial activities.

As a Trade Settlements Analyst you will develop an in-depth knowledge of how Vitol operates its businesses, along with valuable experience and skills related to the complete trade life-cycle, encompassing the people, processes, and systems. This role serves as a strong foundation for future advancement and opportunities within the organization.

Responsibilites may include:

Working with Data Science team in the implementation and application of artificial intelligence within various business processes
Working directly with the Traders, Operators/Schedulers, and Commercial Analysts with regards to tracking and maintaining accuracy and completeness of trades in Vista (trade processing system)
Working with other Analysts to optimize processes and build efficiencies
Responsible for the daily invoicing of trades and processing the entry of product and ancillary trade-related invoices in Vista
Invoice to cost budget reconciliations to ensure accurate capture of pnl
Preparation of approved invoices for payment and coordinating with Treasury for accurate cash forecasting
Timely and accurate settlement including the invoicing of sales, purchases, transportation and various ad hoc costs
Reconciliation and rolling of monthly storages for accurate inventory reporting
Building relationships with counterparties to facilitate settlement
Budget and cost review, and reconciliation of all open items
Problem solve and explain month end anomalies from Vista for/with Accounting
Assist with the correct support documentation for physical movements
Other projects as assigned - includes working on assignments from front office / Commercial team
Role provides the opportunity to learn the full trade cycle and serves as a strong foundation for future advancement and opportunities within the organization

QualificationsRequired

Bachelor's degree in Accounting, Finance, Mathematics, Computer Science, or related field
Proficiency with Microsoft Excel
Basic proficiency in Python coding

Preferred

Multi-lingual (Spanish / Portuguese) viewed as a positive
Ability to conceptually understand business flows
Self-motivated and proactive in problem solving
Highly organized
Takes the initiative, self-starter
Works well under pressure / fast pace environment
Analytical approach to data
Adaptability
Seeks to continuously build knowledge
Excellent communication skills

Additional Information

Successful candidates will be able to demonstrate the following characteristics:

Proficiency with Microsoft Excel
Ability to conceptually understand business flows
Self-motivated and proactive in problem solving
Highly organized
Takes the initiative, self-starter
Works well under pressure / fast pace environment
Analytical approach to data
Adaptability
Seeks to continuously build knowledge
Excellent communication skills

Read the full job description and apply online on the recuiter's web-site

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