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The Global Pricing Operations Team is responsible for ensuring accurate and timely valuation of all physical deals for Settlement purposes. Although based in London the team manages valuations for the Singapore and Chicago Oil Trading Teams as well as Oil & Gas in London.
The Pricing Operations Team sits within the Global Oil & Europe Gas Settlements Team, which encompasses 3rd Party Settlements, Intercompany Settlements, Cash Operations in addition to Pricing. The Settlements Team is part of the Global Business Services Function, which encompasses Contracts, Cost Management, Data Maintenance as well as Settlements across the business.
Leading a team of 9, the team act as the primary interface for the Front Office & Product Control Teams and you will ensure smooth operation of daily activities, delivering against KPI targets. With a strong pricing background, you will pro-actively managing relationships with global stakeholders so relationship management ability is vital.
You will engage with the broader finance community in the monthly Continue Improvement forum whilst identifying and implementing CI opportunities within the Pricing and broader Settlements Team, focusing on increased Control, Performance and Efficiency. You will drive the strategic direction of the team through developing capability within the team, through a focus on effective recruitment, on-boarding, current process documentation and ongoing people development as well as managing risk within the team using the standard Business Services tools (Issues Log & Risk Register).
The successful candidate will have an Accounting/Finance background, preferably in an oil Commodity Trading environment and an ability to read and interpret complex commercial agreements. Understand trading concepts (exposure, MTM P&L etc) and Oil Trading Principles (Physical Delivery/inco terms, Formula Priced Commercial agreements) are advantageous.
This is a hugely exciting role in a global business with an exceptional package that includes a bonus and share scheme and market leading pension package on top of a strong base salary range.
Goodman Masson is acting as an Employment Agency in relation to this vacancy.
Goodman Masson is an equal opportunities employer.