Settlements Analyst

Settlements Advisor- 12 months- Oil Trading Major

Advantage are current seeking a candidate to work with a blue chip Oil and Gas Client based at a Central City Centre location in London.

This is an initial 6- 12 month contract at the rates of £12.42- £16.16 per hour (LTD/Umb). We are looking for somebody to start within November 2013. Basic details are below but for more information please contact Martin Hartshorne at Advantage. This is working within their Post Deal Expense Claims Department, who provide post deal expense service to the various business desks within the organisation.

Accountabilities:
*Evaluate incoming claims for validity under the governing contracts, occasionally requiring detailed investigation of voyage and oil chain, and always promoting a positive customer service.
*Maximise recoveries to for the Global Trading Network and to minimise profit leakage from the trading books.
*Prepare post deal expense claims for all contractual and/or charter party arrangements entered into by oil or freight traders respectively.
*Maintain records of claims activity to facilitate transparency to business. Ensure that any specific learning points, poor practices are noted to the relevant business team and the Global Commercial Affairs Contracts unit where appropriate.
*Advise trading staff of issues relating to post deal expenses and keep them fully appraised of claims in progress so that this can be taken into account in determining future business.
*Negotiate final settlement of claims
*Chase counter-parties in respect of overdue monies from agreed post deal expenses
*Close out period end duties to ensure accurate financial reporting Compliance with Group records management procedures.

Experience and Qualifications required

*Analytical skills
*Organisational skills to successfully manage a high volume of tasks.
*Microsoft Office Skills, in particular Outlook and Excel Strong oral and written communication skills Accurate and pays close attention to detail Minimum standard of A level education.
*Managing Processes Ability to work closely within a team.
*Negotiating skills
*Awareness of Shipping and oil trading operations or administration.
*Awareness of maritime and oil industry practices

The job itself provides an excellent opportunity to network with many parts of the business and gain a broad basic understanding of marine and oil operation.

If you are interested or planning to make a change please respond with your up to date CV this can then be reviewed by a member of the resource team who will give you a call ASAP should they believe this is a good role for you.

Advantage Resourcing is a service driven recruitment consultancy.