Trade Settlements Analyst

Vitol•Houston, TX

3d•Onsite

About The Position

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. The position offers the analyst the opportunity to work in an area of the organization that blends core business processes as well as the utilization and implementation of advanced technical tools and applications. 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.

Requirements

Bachelor’s degree in with a focus in Business, Engineering or other related fields
Proficiency with Microsoft Excel
Proficiency in Python coding

Nice To Haves

Multi-lingual (Spanish / Portuguese) viewed as a positive
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-paced environment
Analytical approach to data
Adaptability
Seeks to continuously build knowledge
Excellent communication skills

Responsibilities

Responsible for the daily invoicing of trades and processing the entry of product and ancillary trade-related invoices in Vista
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)
Interacting with various MIS teams to design and implement optimized workflows utilizing Python
Coordinating with global Data Science team in the implementation and application of artificial intelligence within various business processes
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