Trade Settlements Analyst at Vitol

Houston, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Mar, 26

Salary

0.0

Posted On

02 Dec, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Finance, Mathematics, Computer Science, Microsoft Excel, Problem Solving, Organizational Skills, Initiative, Analytical Skills, Communication Skills, Adaptability, Data Analysis, Python, Trade Processing, Invoicing, Reconciliation

Industry

Oil and Gas

Description

Company Description Vitol is a leader in energy and commodities. Vitol produces, manages and delivers energy and commodities to consumers and industry worldwide. In addition to its primary business of trading, Vitol is invested in infrastructure globally, with $10+billion invested in long-term assets. Vitol’s customers include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves its customers from some 40 offices worldwide. Revenues in 2024 were $331bn. For more information: vitol.com Job Description Vitol’s Middle Office function couples a dynamic and challenging work environment with a team eager for growth, learning, and career development. The Middle Office is comprised of distinct and critical roles that support Economic, Operational, Legal and Regulatory health of our Commercial activities. As a Trade Settlements Analyst you will develop an in-depth knowledge of how Vitol operates its businesses, along with valuable experience and skills related to the complete trade life-cycle, encompassing the people, processes, and systems. This role serves as a strong foundation for future advancement and opportunities within the organization. Responsibilities may include: Working with Data Science team in the implementation and application of artificial intelligence within various business processes Working directly with the Traders, Operators/Schedulers, and Commercial Analysts with regards to tracking and maintaining accuracy and completeness of trades in Vista (trade processing system) Working with other Analysts to optimize processes and build efficiencies Responsible for the daily invoicing of trades and processing the entry of product and ancillary trade-related invoices in Vista Invoice to cost budget reconciliations to ensure accurate capture of pnl Preparation of approved invoices for payment and coordinating with Treasury for accurate cash forecasting Timely and accurate settlement including the invoicing of sales, purchases, transportation and various ad hoc costs Reconciliation and rolling of monthly storages for accurate inventory reporting Building relationships with counterparties to facilitate settlement Budget and cost review, and reconciliation of all open items Problem solve and explain month end anomalies from Vista for/with Accounting Assist with the correct support documentation for physical movements Other projects as assigned – includes working on assignments from front office / Commercial team Role provides the opportunity to learn the full trade cycle and serves as a strong foundation for future advancement and opportunities within the organization Qualifications Required Bachelor’s degree in Accounting, Finance, Mathematics, Computer Science, or related field Proficiency with Microsoft Excel Preferred Multi-lingual (Spanish / Portuguese) viewed as a positive Basic proficiency in Python coding Ability to conceptually understand business flows Self-motivated and proactive in problem solving Highly organized Takes the initiative, self-starter Works well under pressure / fast pace environment Analytical approach to data Adaptability Seeks to continuously build knowledge Excellent communication skills Additional Information Competitive compensation Company provided benefits include Medical, Dental, Vision, and Life insurance Paid vacation Generous 401k contributions All your information will be kept confidential according to EEO guidelines.

Responsibilities

The Trade Settlements Analyst will work closely with traders and other analysts to ensure the accuracy and completeness of trades, manage daily invoicing, and facilitate settlements. This role also involves optimizing processes and building efficiencies within the trade life-cycle.