Senior Settlements Analyst - Oil Trading - London

Job Title: Senior Settlements Analyst - Oil Trading - London
Contract Type: Permanent
Location: London
Salary: Competitive
Start Date: ASAP
Reference: SSA1
Contact Name: Anai Patel
Contact Email:
Job Published: April 08, 2020 15:58

Job Description

Twenty Financial Services are working with a leading Oil & Gas company based in London and they are currently seeking a Senior Settlements analyst. An ideal candidate would be in a role that deals with physical oil trade settlements with exposure across SAP.


  • To handle physical trade settlements including contract terms review, due date control and billing from ETRM system and SAP
  • Reviewing contracts and service agreements 
  • Process secondary costs and supply weekly cash forecasting for Treasury 
  • Freight processing and checking purchases & sales orders through SAP
  • Experienced in month-end closing from a Settlements perspective
  • Supply weekly cash forecasting for Treasury detailing oil purchases, export sales in order to provision cash flow
  • To carry out the procedure/process in ETRM, Control Panel, SAP and other network system, and to identify and implement improvement for the system change
  • Working with traders and operators to resolve disputes


  • Physical oil trade settlements experience essential
  • Settlements experience and LC knowledge
  • Month-end experience to provide information to accounting team
  • Possess good interpersonal and communication skills
  • Proficient in Microsoft Office and SAP