Petroineos Trading Limited
Settlements Payments Analyst
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Settlements Payments Analyst
Application Deadline: 30 October 2026
Department: Finance
Employment Type: Fixed Term Contract
Location: London, UK
Description
The Settlements Payments Analyst plays a critical role within the Commodity Settlements team, part of the Finance function. This position is responsible for the accurate and timely execution of all payments made by PetroIneos Trading & Refining (PITL) and PetroChina International (London) Ltd (PCIL), encompassing both commodity trading-related costs and general accounts payable.
A strong understanding of the end-to-end payments process in SAP is essential, along with familiarity with commodity trading costs, accounting terminology, and best practices. The role involves regular interaction with a wide range of internal and external stakeholders, requiring excellent interpersonal and teamworking skills. In addition, strong analytical thinking and problem-solving abilities are vital to succeed in this role.
This is a 12-month fixed term contract.
Key Responsibilities
- Manage and take full ownership of the end-to-end payments lifecycle for PetroIneos Trading & Refining (PITL) and PetroChina International (London) Ltd (PCIL), ensuring accuracy, compliance, and timely execution.
- Execute and oversee all payments related to commodity trading activities, including freight, inspection, storage, demurrage, and associated operational costs.
- Maintain in-depth knowledge of SAP payment processes, ensuring all transactions align with internal controls and established best practices.
- Ensure accurate cash allocation for accounts receivable across various company codes in SAP, investigating and resolving issues in coordination with the relevant Settlements Analyst.
- Perform daily reconciliations between SAP and bank reports, identifying discrepancies and resolving issues such as returned funds within defined timescales.
- Monitor and update payment status across various internal systems, ensuring end-to-end process integrity and visibility.
- Prepare and deliver monthly payment reconciliation reports and other analytical reports to support financial oversight and decision-making.
- Circulate accounts receivable/payable (AR/AP) outstanding reports and support follow-up on overdue debtor balances.
- Undertake additional tasks and projects as assigned by the Manager.
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Skills, Knowledge and Expertise
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- Degree in Finance/Banking/Commercial or equivalent preferred
- Proven experience in managing high-volume payment processes, ideally within a commodities or trading environment.
- Excellent working knowledge of SAP and its payment functionalities.
- Strong grasp of accounting terminology, accounts payable, and financial controls.
- High attention to detail and strong analytical and problem-solving skills.
- Excellent interpersonal and communication skills; a strong team player with the ability to build relationships across departments.
- Able to work under pressure, prioritise tasks effectively, and meet tight deadlines.
Benefits
- Competitive salary (commensurate with experience)
- Comprehensive benefits package, including Private Medical, Dental and Travel Insurance cover, Life Assurance, Annual Gym Allowance, Contributory Pension Scheme, 25 days annual leave, Discretionary Bonus, and more.
- Full-time fixed-term contract position.
- Attendance at the London office 4 days per week.
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