Analyst - Settlements Job in Trafigura

Analyst Settlements

Location: Mumbai
Employment Type: Full-time

Role Summary

The Analyst Settlements is responsible for managing Accounts Receivable (AR) and Accounts Payable (AP) processes. This role ensures prompt cash collection, accurate vendor payments, and compliance with internal policies to optimize cash flow and minimize financial risk through coordination with internal teams and external counterparties.

Key Responsibilities

Accounts Receivable (AR)

• Verify documents against system entries and resolve discrepancies.
• Identify and issue provisional, final, differential, or recharge invoices.
• Capture and post sales invoices and credit notes to external counterparties.
• Liaise with internal teams to resolve claims or disputes related to AR.

Accounts Payable (AP)

• Review incoming invoices for contractual, tax, and regulatory compliance.
• Match invoices with Purchase Orders (PO) and post to relevant cost centers.
• Resolve discrepancies between invoices and internal estimates.
• Manage vendor queries regarding payments and invoicing.

Debtor & Creditor Management

• Oversee timely collection of receivables and adhere to contractual payment terms.
• Generate reminders and monthly statements for counterparties.
• Monitor aged reports and balances to minimize outstanding amounts.
• Allocate cash against remittances and perform account reconciliations.

Key Result Areas (KPIs)

• Volume of AP and AR invoices processed.
• Timeliness of invoice posting and vendor payment cycles.
• Vendor payment error rates.
• Days Sales Outstanding (DSO) optimization.

Knowledge, Skills & Abilities

• Education: Bachelor s degree in Business Administration, Supply Chain, or International Trade.
• Experience: 2 3 years in an AP/AR or settlement role; physical commodities trading knowledge is a plus.
• Technical: Strong proficiency in MS Office and accounting principles.
• Competencies: High detail orientation, customer focus, and proactive ownership of deadlines.

Key Relationships

• Internal: Operations, Deal Desk, Trade Finance, Treasury, Trading.
• External: Counterparties, Vendors, and Clients.