Hybrid Settlements Analyst – LNG, Gas and Power

at Petroineos Trading Limited

• Job title: Settlements Analyst – LNG, Gas and Power
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: High School Diploma
• Location requirements: Hybrid, London, United Kingdom

About the role

• Settlements Analyst managing invoicing and settlement processes for LNG, Gas, and Power transactions. Interacting with various stakeholders while ensuring accurate and timely settlements.

Responsibilities

• Manage physical trade invoicing and settlement in line with industry Master Agreement standards and definitions.
• Confirm pricing with counterparties and issue both provisional and final sales invoices.
• Ensure settlement timelines align with payment due dates outlined in Master Agreements.
• Oversee timely receipt and payment of funds, liaising with Treasury, Compliance, and Front Office, and escalating or resolving issues as required.
• Process secondary costs for Gas, Power, and LNG, including transportation, LNG inspections, and brokerage fees.
• Ensure brokerage charges are accurately reflected in ETRM systems and that all invoicing is current.
• Prepare weekly cash flow forecasts for Treasury, covering physical purchase and sale activity.
• Manage spot physical exchange trade validation for Power and Gas.
• Run the OTC margining process via Credit Cube, requiring a solid understanding of margining principles.
• Collaborate closely with Legal, providing settlement input and review for Master Agreements and structured contracts.
• Build strong working relationships with traders, operators, and wider business teams to resolve disputes and ensure accurate, timely settlement.
• Proactively investigate and resolve third-party settlement disputes.
• Support month-end close activities in partnership with Accounting.
• Contribute to IT change initiatives and projects by identifying process improvements and raising system enhancement requests.
• Support counterparty setup in ETRM systems, ensuring all required controls and governance standards are met.

Requirements

• Minimum: A level or Accounting vocational qualification
• Proven relevant experience, with thorough understanding of the settlement process and industry related compliance requirements.
• Settlement experience in LNG, Power and Gas is preferred
• Proficient in Microsoft Office and trading/accounting system (SAP experience definitely is a plus)
• Excellent team working and networking skills
• Possess good interpersonal and communication skills
• Energetic, enthusiastic, positive and proactive

Benefits

• The role offers a competitive salary commensurate with experience, as well as the opportunity to be awarded discretionary bonuses based on performance and a comprehensive benefits package including private medical insurance, travel insurance and dental insurance, annual gym reimbursement scheme, 10% contributory pension scheme, and 25 day yearly holiday allowance.