What are the responsibilities and job description for the Settlement Analyst (Operations) position at B.B. Energy?
About the Company
BB Energy operates across the globe and is among the world’s leading independent trading companies – applying our depth of experience to oil refining, logistics, storage and financing.
At BB Energy we are constantly evolving in order to meet new challenges, while developing our personnel to ensure a competitive edge.
Our global trading offices are staffed by experienced traders who count Gas, Crude Oil, Light and Middle Distillates, as well as Bitumen, as their specialties. The traders are supported by skilled shipping and financial operations personnel, headquartered in Athens.
Main Purpose
Co-ordinates and executes all aspects of the Accounts Payable and Receivables for the US office. Ensures payment execution runs smoothly and systems correctly reflect Settlement status at all times. Effectively communicates to all internal and external stakeholders and proactively resolves Settlement-related issues in a timely manner.
Responsibilities
- Handle receivables and payables for physical products trading transactions.
- Review trade contracts.
- Coordinate with Operations on trade and shipment information.
- Follow up on the approval for payments.
- Handle payments for cargo and direct expenses.
- Maintain updated trade information in the system for month-end accounts closing.
- Provide information on receivables and payables for Treasury’s cash flow planning.
- Any other duties as assigned.
Requirements:
- Degree in Accounting/Finance/Banking/Commerce/Maritime Studies or equivalent.
- Minimum 1 years of relevant experience in handling payments/invoicing/trade finance.
- Good interpersonal and communication skills.