Head of Trading Settlements

6 days ago


Canary Wharf, United Kingdom Global Accounting Network Full time

_Global Accounting Network are currently exclusively partnering with a Renewable Energy business to source a Head of Trading Settlements._
- Reporting to the CFO, this role is a critical position within the team with responsibility for the Trading Settlements function, working closely with Trading, Optimisations & Pricing & Risk to establish best practice & back-office support._
**_The Role:_**:

- Invoicing and Settlement
- Managing the invoicing for different entities.
- Finding and managing settlement disputes and resolving them to improve the balance sheet on all settlement runs.
- With support from other teams, making sure the Billing and Settlement information from the counterparty is accurate and up to date.
- Revenue Assurance
- Owning the reconciliation process of the settlement position.
- Quarterly forecast for credit with Trading / Optimisation and Pricing.
- Dealing with trading nominations.
- Ensuring the company is fully reconciled against the trading brokers.
- Brokerage cost reconciliation.
- Making sure the valuation data is aligned to the settlement data.
- Ensuring all regulatory reporting is compliant and submitted in time.

**_The Person:_**:

- Experience in managing a trading settlements team ideally from an international commodities or energy business.
- Experience with delivering change within a complex environment.
- Energy supply/Trading knowledge.
- Desirable - commodities experience and accounting and reporting standards.
- Advanced Excel.
- Good attention to detail and the ability to work under pressure.
- Willing to learn and grow in a growing environment.
- Good prioritising and management skills.

Location; Canary Wharf
Salary; 90 - 100K + discretionary bonus, up to 35%.



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