Assistant Manager - S&T Back-Office Settlement

Responsibilities

Ensure that all monthly invoices and reports are processed and sent to customers in a timely manner as per contracts terms using internal systems.
Reconcile cash settlement for all executed traded OTC Derivatives
Invoices generation - OTC Derivatives ( Swap and Options ) , Physical Nat Gas, Physical Conti Power & Gas , Sustainability (REC,I-REC, Goos,VER)
Reconcile all grid invoices and pass-through costs.
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.
Reconcile payable and receivable against bank account and follow-up with customers and suppliers.
Follow up on requests from customers and suppliers inquiries by also communicating with business.
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.
Prepare to gain a comprehensive understanding of the trade lifecycle and associated cash flows by interacting with Traders and middle office.
Maintain 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 Documentation retention process.
Assist on providing information relating to SOX controls with Internal/External Auditors.
Communicate efficiently with business partners, team members, and Management.
Knowledge in Electricity, Nat Gas , Oil & Sustainability markets would be an added advantage.

Qualifications
Minimum qualifications

MBA/ PGDBM /B. Com (Finance / Accounting)

Preferred qualifications
Professional experience of 5 years or more
Ability to work independently without significant supervision
Good communication skills as job involves liaising with clients and their internal departments
Degree level or possess an equivalent level qualification.
Experience in Commodities Settlement is preferable.
International experience is preferable.
Must be fluent in a Scandinavian language and English both verbally and in writing, Finnish is an advantage.

Preferred skills

Strong change management skills, and ability to manage multiple priorities
Ability to learn very quickly and identify improvement opportunities high energy and self-starting individual
Viewed as insightful, articulate, persuasive, and organized
Strong drive, work ethics, and leadership qualities
Maintains confidentiality of information used and exchanged in research within the legal and compliance framework
Good Team player
Excellent written/oral communication skills and attention to detail
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, PowerBI and willingness to experiment and work with new technologies.

Shift Timing UK Shift 01:00 PM to 11:00 PM IST