Shell Business Operations

Specialist Trading Settlements

Chennai, Tamil Nadu
Not disclosed
20 Feb 2024
26 Feb 2024
Approved employers
Approved employer
Contract type
Full time
Experience level
Qualified accountant

Where you fit

Shell Trading integrates a global portfolio of crude oil, refined products, natural gas, electrical power, LNG, chemicals and freight & Shipping. Additionally, it provides marine expertise to operating units and manages a substantial fleet of vessels.

The purpose of this role is to manage the Global Freight settlements Process as a Subject Matter Expertise (SME). The processes are often complex and time critical given the scale, system landscape and business dynamics. The role involves working closely with different Business Partners within the Trading business, particularly the Commercial Operation teams across the Trading locations. Each day, the Finance teams in the Shell Business Operations manage transactions worth multi billion dollars for Trading which has a significant impact Group profitability, cash flow and reputation.

What’s the role?

The successful incumbent will handle the role of a Specialist in the Global Freight Settlement Process.

The role requires the incumbent to understand and manage Settlements activities of Global Freight Trading Settlement team. The Global Freight Settlements team is responsible for daily settlement of vendor invoices, disputes resolution and monthly / quarterly closure of books. The role offers a challenging opportunity in a fast moving, dynamic and global Trading environment.

Accountabilities include:

  • Coordinate account payables activities for Global Freight Settlements within Shell Trading’s functional area, ensuring payments are made On-time in line with the agreed metric’s, KPI’s and service standards.
  • To handle high-value high-volume transaction and resolving disputes under quick turnaround time.
  • Monitoring flow of invoices every day, indexing and allocation of invoices, identifying and resolving issues around the invoices and escalate as appropriate for timely resolution.
  • To be responsible for debt chasing and ensuring the debts are under control.
  • Communicate efficiently and effectively with wide range of stakeholders (internal and external to the trading business).
  • Collaborate with On-shore on issue based and periodic discussions, setting and understanding the expectations for better Stake holder engagement and Operational excellence.
  • To lead and manage team by guiding, coaching and directing them on day-to-day activities, complex issues / exceptions.
  • Review and challenge existing processes to ensure maximum benefit from the Continuous Improvement initiatives.
  • Periodic review and update of Work Instructions to ensure all the process exceptions and changes are captured and documented.
  • Maintain effective and appropriate systems and procedures in line with the Controls framework governing the trading business.
  • Preparing and discuss GPA, IDP, and Competencies; developing, coaching and mentoring staff for improving effectiveness and efficiency.
  • Undertake Ad-hoc activities as and when presented by business requirements / exigencies.

Special Challenges

  • Strong communication, interpersonal and negotiation type skills across the organization and different regions are a must, as this position requires contact with internal and external customers.
  • Strong leadership skills and the ability to deliver results through collective and coordinated effort.
  • Strong accounting skills to understand the accounting operations and how these transactions relate
  • and impact the larger financial accounting picture.
  • Circumvent process gaps and identify process improvement areas concerning control incidents, stakeholder issues, Career progression & SME proposition & to provide strong & continuous
  • interface support to Trading business at all times
  • Ability to handle System/ Process Complexity along with System Transitions & work in co-ordination with IT design & support teams

What do we need from you?

  • Professional / Bachelor/Post Graduate Degree in Accounting or Finance or related business degree.
  • Strong experience of 5+ years in Accounts payable domain with Subject Matter Expertise. Prior team handling experience will be an added advantage.
  • Experience in dealing with a competitive environment with good knowledge in accounting, Statement of Account Reconciliation and Variance analysis will be an added advantage.
  • Ability to work effectively and efficiently while under pressure and with competing priorities
  • Good Microsoft Access and Excel skills. Good Knowledge of SAP is highly preferred.
  • Exposure to process improvement would be an added advantage
  • Work schedule: 4PM-1AM

Company Description

Shell Business Operations (SBO) is a chain of operational centers that form an integral part of Royal Dutch Shell. We influence business development for Shell globally, enabling the work of 93,000 employees in over 70 countries across the world. SBO Chennai is focused on driving excellent performance that enable Shell to operate in a global competitive and ever-changing business environment.

An Innovative Place to Work

There’s never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.

Join us and you’ll add your talent and imagination to a business with the power to shape the future – whether by investing in renewables, exploring new ways to store energy or developing technology that helps the world to use energy more efficiently.

An Inclusive & Progressive Place to Work

To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we’re nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.

  • We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.
  • We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
  • We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.

A Rewarding Place to Work

  • Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.
  • We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.

For further information, and to apply, please visit our website via the “Apply” button below.

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