Editorial summary

The company, an established international commodities trading organisation, seeks a Commodities Settlements Officer to support its physical and financial trading activities. The role focuses on accurate and timely processing of settlement transactions, invoice reconciliations, receivables management and operational controls, with collaboration across internal stakeholders to resolve discrepancies and ensure compliance. The position emphasizes continuous improvements across the settlements function, with experience in settlements and reconciliation considered desirable. Salary offered is 7000.

This summary is AI-generated and may contain inaccuracies. Please refer to the full job description below.

Job description

[This job https://singapore.job-q.com/jobs/detail/commodities-settlements-officer-41423 first appeared in Job-Q.com on 03 Nov 2026]


Commodities Settlements Officer

An established international commodities trading organisation is seeking a settlements professional to support its physical and financial trading activities. The role is responsible for the accurate and timely processing of settlement transactions, invoice reconciliations, receivables management and operational controls. You will work closely with internal stakeholders to resolve discrepancies, ensure compliance and support continuous improvements across the settlements function.

Some of the key responsibilities will include:

• Manage the preparation, issuance, reconciliation and settlement of Accounts Payable and Accounts Receivable invoices arising from physical and financial trading activities.

• Ensure invoices, pricing, payment terms and due date calculations are accurate and in accordance with contractual requirements and applicable regulations.

• Monitor receivables and ageing reports, following up on outstanding collections and working with Operations to resolve overdue balances and unallocated cash items.

• Perform settlement validations and operational controls to ensure the accuracy, completeness and compliance of transactions.

• Coordinate with internal stakeholders and external counterparties to investigate and resolve invoice discrepancies and payment-related queries.

• Ensure appropriate tax treatment of invoices, maintain settlement procedures and documentation, and support internal and external audit requirements.

• Identify opportunities to improve settlement workflows, strengthen operational controls and enhance reporting processes, including through appropriate systems and automation initiatives.

• Support system enhancements, testing activities and other operational projects, while ensuring compliance with internal procedures and regulatory requirements.

To be eligible for this role you will require:

• A Diploma or Degree in Business, Finance, Accounting or a related discipline.

• At least 3-4 years of settlements experience, preferably within the commodities trading, shipping or energy related industry.

• Good understanding of Accounts Payable, Accounts Receivable, invoice reconciliation and settlement processes.

• Strong knowledge of operational controls, risk management and process governance.

• Proficiency in Microsoft Excel and other Microsoft Office applications. Experience with settlement or ERP systems would be advantageous.

• Strong analytical and problem-solving skills, with the ability to manage multiple priorities independently and work effectively under pressure. Exposure to process improvement, system implementation, UAT or reporting automation tools would be an advantage.

Please contact Brendan Low by emailing your CV directly in Word format to email address.

Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days we regret to inform you that your application for this position was unsuccessful.

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Job Summary

  • Published on: 03 Nov, 2026
  • Category: Accounting
  • Vacancy: 1
  • Job type: Permanent
  • Salary: 7000
  • Location: On site
  • Job Nature: Permanent

Company Details