Analyst, S&T Back-Office Settlement

At World Kinect, our employees are the key to our global success. We are industry leaders due to the innumerable talents of our approximately 5000 strong professional team. Our people thrive in an entrepreneurial and culturally-diverse environment, where innovative thinking, collaboration and efficient execution are highly valued. Our high-performance culture is what allows us to drive sustained growth. Stronger together, we promote an environment where individuals can thrive.

Primary Duties & Responsibilities:

• Reconcile and confirm cash settlement for all executed traded Commodities which includes Derivatives and Physical transactions (NatGas, Power, Oil, Sustainability) within WFS Energy Trading and Risk Management (ETRM) systems.
• Transmit cash instructions to the Finance team (AP/AR).
• Liaise with counterparties, and internal teams such as Front Office, Contracts, Middle Office & Collections to resolve settlement discrepancies.
• Liaise closely with the Accounting team on revenue recognition.
• Ensure transitions of tasks have been completed from the accounting team to Back Office settlement team including documentation of processes and cross training of team members.
• Attention to detail and ability to manage several tasks at once by ensuring all trade economics and discrepancies are appropriately investigated and resolved, while managing client expectations and potential fail exposure.
• Ability to work in a fast-paced environment, managing all cash flows and associated risks related to derivative & physical transactions across our global client base.
• Prepare to gain a comprehensive understanding of the trade lifecycle and associated cash flows by interacting with Traders and middle office.
• Maintain team shared outlook mailbox, by responding timely with accurate information to both external and internal customers.
• File and label all contractual correspondence and email in box following WFS Documentation retention process.
• Assist on providing information relating to our SOX controls with Internal/External Auditors.
• Communicate efficiently with business partners, team members, and Management.

Qualifications :

• Degree level or possess an equivalent level qualification
• Experience in Commodities Settlement is preferable
• International experience is preferable

Skills :

• Strong analytical and problem-solving skills
• Strong planning and organizational skills
• Innovative in providing and addressing business needs in a changing environment
• Use of Microsoft Office Suite including Word, PowerPoint, Access, Excel and Outlook, and willingness to experiment and work with new technologies