Settlement Executive Commodity Trading
Job Summary
This position involves managing end-to-end financial settlement processes for physical and paper commodity trades. The role requires reconciling trade values, invoices, and payments while ensuring accurate posting of journal entries. You will collaborate closely with traders, finance, and risk teams to support month-end closing and regulatory compliance.
Responsibilities
- Execute financial settlement of commodity trades
- Reconcile invoices, payments, and trade records
- Manage AR/AP related to trading activities
- Assist in month-end closing and financial reporting
Required Skills
- Degree in Accounting or Finance
- 3-5 years experience in settlements or accounting
- Proficiency in ERP systems and Excel
- Strong analytical and communication skills
Job Details
Key Responsibilities:
- Perform end-to-end financial settlement of physical and paper commodity trades.
- Reconcile trade values, invoices, and payments with internal records and counterparties.
- Ensure accurate posting of journal entries and trade-related transactions in the accounting system.
- Monitor and manage accounts receivable/payable related to trading activities.
- Collaborate with traders, finance, and risk teams to ensure accurate P&L reporting.
- Assist in month-end closing, financial reporting, and audit preparation.
- Support compliance with internal controls, accounting standards, and regulatory requirements.
Requirements:
- Degree in Accounting, Finance, or a related field.
- 3–5 years of experience in finance, accounting, or settlements (preferably in commodities or trading).
- Strong understanding of financial instruments, trade lifecycle, and accounting principles.
- Proficiency in Excel and ERP/accounting systems (e.g., SAP, Oracle, or similar).
- High attention to detail and strong analytical skills.
- Ability to work independently and manage multiple deadlines.
- Excellent communication and interpersonal skills.