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Financial Operations Analyst – Oil

🏢 Glencore 📍 London, England 💼 Company - Public
Currency:
£34,980 - £69,000
£2,915 - £5,750 / mo
Verified Corporate Employer (Authorized Corporate Employer)

This vacancy is published by an accredited employer with authorized corporate payroll and standard compliance adherence.

Transatlantic Cost of Living & Purchasing Power Benchmark

Verified Analytics
Location Base
London, England
Tier-1 UK Economic Zone
Est. Take-Home Pay
68% - 74% (After PAYE & NI)
Single tax filer baseline
Transatlantic Parity
1.0 GBP ≈ $1.28 USD Living Standard
Direct corporate benchmark

Position Overview & Specifications

Financial Operations Analyst – Oil
Finance Department
London

As a Financial Operations analyst, you will be accountable for supporting the Head of Settlements in ensuring a timely, accurate and complete end-to-end settlements process for all London Trading Desks within the Oil Group. You will support the team to ensure all settlements targets and KPI’s are met

Key Responsibilities
  • Completion of the day-to-day workload as prescribed by your team lead and manager.
  • Ensuring resolution of any day-to-day operational issues and escalating where appropriate.
  • Building relationships both internally and externally to create and support business information flow.
  • Complete the end-to-end invoicing process, including:
    • Physical Receivable Invoice Process (including provisional and prepayment invoices): Create, check and dispatch receivable invoices across physical trades and secondary costs
    • Physical Payable Invoice Process (including provisional and prepayment invoices): Receive, validate and process payable invoices across physical trades and secondary costs
    • Brokerage Payable Invoice Process: Receive, validate, and process broker statements.
    • Errors and Invoice Amendment: Problem solve process invoice errors and amendments with support from other functions, as required.
    • Monitor receivables, including cash application and debt management.
  • Monitor intercompany balances and invoicing processes
  • Liaising with internal desks/teams, in particular operations and risk management, on the resolution of settlement disputes.
  • Monitor and resolve queries from external parties escalating where required.
  • Resolving settlements issues to improve our balance sheet position on all settlements runs – including working with Finance teams to continuously evolve ways of improving the cash conversion cycle.
  • Follow team processes to ensure all counterparty, billing and settlement information is in line with company policy and up to date.
  • Support and review regular updates of the internal processes within the FinOps area.
  • Proactively contribute to continuous improvement initiatives within the scope of Finance Operations, to drive efficiency and improved performance.
  • Meet KPI’s and performance targets allocated to your area.
  • Provide review and commentary to team reporting and analytics such as month end open items reporting.
  • Support the manager with periodic and ad hoc management reporting.
  • Ad hoc duties as required.
Education and Experience Requirements
  • Experience of working in settlements ideally within a global commodities / energy company (essential).
  • Knowledge of trading.
  • Knowledge of physical commodities (essential).
  • Knowledge of straight-through processing from trading to accounting (desirable).
  • Focus on operational improvement.
  • Ability to work well under pressure.
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Candidate Selection & Onboarding Process

1

Application & Resume Screening

Submit your tailored CV/Resume directly to the talent acquisition portal.

2

Technical & Competency Interviews

Virtual interviews with the hiring manager and multidisciplinary team.

3

Formal Offer & Benefits Negotiation

Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.

4

Onboarding & Corporate Integration

Equipment provisioning, team orientation, and commencement of duties.

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Hiring Organization
Glencore

Apply for this Position

Location: London, England
Eligibility: Verified Employer Direct Placement
Schedule: Company - Public
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