Settlements Analyst

Company Overview:

Hartree Partners is a global energy and commodities firm with an international reputation for integrity. In the ever-evolving Global Energy Industry, Hartree Partners uses decades of experience in the physical and financial energy and commodities markets to explore the opportunities this evolution provides. Hartree assists customers in participating in new markets and navigating their complexities for maximum revenues at minimum risk. The company provides a wide range of services to a substantial and diversified customer base that includes corporations, financial institutions, governments and individuals.

Founded in 1997, the firm is headquartered in New York and today, operates across 18 global offices and employs approximately 800 people in its core trading operations. Together with its affiliates, Hartree employs nearly 1,700 people supporting the firm’s growing strategic asset portfolio to complement its merchant trading capabilities. It is owned by the company’s founding partners, senior staff, and Oaktree Capital.

As the transition from traditional fossil fuels to sustainable fuels accelerates and produces extreme market volatility, Hartree is uniquely positioned to capitalize on opportunities from both a trading and asset investment/acquisition perspective. Hartree operates with major investments in commodities, environmental instruments, asset management, advisory services and infrastructure solutions.

Find out more about us by visiting our website at: http://www.hartreepartners.com/

Job Summary:

Job Description/Overview:

This position is responsible for verifying the trade details, monitoring pricing, and updating our various trading systems with actual movement details based on receipt of supporting documentation. Candidate must demonstrate the ability to follow instructions and problem solve, possess good follow-up skills, and know when to escalate any issues and to whom. Should be able to have the ability to look beyond specific tasks and ask questions relevant to their job function and demonstrate the use of sound judgment in decision-making

Job Responsibilities:

• Communicate with Schedulers, Traders and Middle Office to ascertain correctness of trade details, timing of product movement, and resolution of trade discrepancies
• Process invoices for payment and receipt
• Check pricing, prepare and send invoices for provisional and final settlements
• Ensure correct banking instructions are applied to payments
• Validate and enter new SSI into Fenergo with accordance to the approved process
• Create and submit the settlement packets for payment and forecast
• Contact counterparts to obtain confirmation of daily cash receipts. Follow up on cash fails.
• OTC settlement analysis, preparation of invoices and credit notes; confirmation of settlements.
• Process FX Settlements, when required.
• Special projects upon request by management

Job Requirements:

• Bachelor’s degree. Business, Accounting, or Finance degree highly preferred
• Minimum 2-4 years experience, preferably in commodities
• Strong analytical and communication skills
• Proficient in Microsoft Excel (v-look ups, formulas, pivot tables)
• Sound decision-making skills and the ability to work with little supervision
• Must be flexible with work hours
• Coding experience a plus

The salary range for this position is $75,000 - $90,000. Employees may be eligible for a discretionary bonus in addition to base pay. This range is an estimate, based on potential employee qualifications, work location, operational needs and other considerations permitted by law