Main Purpose:
Main Purpose
The primary purpose of this role is to ensure accurate, timely, and compliant settlement of physical and financial natural gas transactions. This includes reconciling pipeline volumes, managing imbalances and inventory, verifying pricing indexes, and resolving discrepancies through effective communication with counterparties and internal stakeholders. The position demands a proactive approach to deal monitoring, invoicing, physical flows and cash management, while supporting audit readiness, month-end close activities, and continuous process improvements.
Knowledge Skills and Abilities, Key Responsibilities:
Key Responsibilities
•Perform daily and month gas settlement activities, ensuring accurate and timely processing of Trafigura’s Physical and Financial Gas business.
•Validate volumetric and price data against counterparty invoices, contracts, trading systems, and supporting pipeline documentation.
•Reconcile pipeline statements and imbalances against internal systems.
•Primary contact to resolve any settlement discrepancies with counterparties and any cross checks needed with internal teams, including Operations, Risk and Trading.
•Track imbalances, reconcile and actualize inventory balances for storages.
•Stay up to date on new deals, understanding their specific setups and anticipating settlement requirements in advance.
•Manage cash settlements including wire instructions, netting agreements, and payment confirmations.
•Maintain accurate records and support internal/external audits.
•Assist with month-end close activities and reporting.
•Coordinate with Accounting for accruals, debtors and creditors reconciliations.
•Contribute to system enhancements and continuous improvement initiatives.
Abilities, Experience and Qualifications:
•Bachelor’s degree or equivalent experience
•Prior experience in natural gas scheduling and settlements is highly desirable.
•Knowledge of physical gas flows, pricing structures, and market dynamics across U.S. regions.
•Solid understanding of pipeline operations, nomination/scheduling processes, and tariff frameworks.
•Demonstrated risk assessment capabilities in operational and business decision-making.
•Proven ability to collaborate effectively across functional teams including trading, operations, accounting, trade finance, and senior management.
•Skilled in documenting, reviewing, and maintaining up-to-date procedures related to settlements processes.
•Demonstrated commitment to continuous learning and using IT tools to drive process efficiency.
•Ability to thrive in a fast paced, deadline-driven environment with minimal direct supervision.
•Experience with Allegro ETRM systems is a plus.
•Familiarity with NAESB contracts and related settlement terms is an advantage.
•Strong written and verbal communication skills with a professional, concise, and accurate style.
Key Relationships and Department Overview:
•Trading, Risk, Scheduling, Treasury, Trade Finance, Credits, Accounting and Senior Management.