Financial Operations Team Lead - #10521814

We are looking for a motivated and eager candidate with a keen interest in the commodity trading environment to join and lead a Financial Operations team within Finance Back Office in the Marketing Finance department.

The main tasks and responsibilities include:

Stakeholder Management

• Manage and lead a team of 10 (onshore and offshore) team members, ensuring compliance with control environment and consistent application of policies and procedures.
• Maintain and develop good relationships with commercial team and other stakeholders to ensure smooth implementation of new processes and procedures.
• Maintain a control oriented mindset, while remaining commercially focussed to ensure both objectives are being met.
  
  

Invoicing

• Execute 2-way and 3-way match for cost and material invoices, in line with established controls.
• Follow up on un-invoiced deliveries or services
• Regular reporting on key performance indicators (KPIs) for the team and work with stakeholders to ensure appropriate corrective action is being taken.
• Issue audit confirmations
• Store and archive invoices and invoice data together with commodity deal data
  
  

Collection and settlement

• Net/offset invoices where possible prior to settlement and communicate netting and offsetting with counterparties, in collaboration with the front office operations team
• Prepare invoices for settlement
• Co-ordinate and follow up on settlement execution
• Follow up on invoice/settlement counterparty queries
• Support Corporate Finance Operations in resolving unapplied cash queries
• Match and clear open invoices in the invoicing system
  
  

Oversight and Projects

• Automate financial operations activities to ensure straight through processing to the general ledger
• Perform user-acceptance testing on system enhancements that are implemented and co-ordinate the enablement of such enhancements
• In collaboration with other financial operations teams, identify and implement financial operations best practice including processes and internal controls
• Keep up to date with Glencore’s procedures and policies and ensure communication to their designated team
  
  

Qualifications and requirements:

• Sound experience of commodity trading invoicing and settlement or accounts payable
• Chartered Accounting qualification or a master’s degree in finance
• Working knowledge of commodity trading systems and invoicing to ERP integration
• Previous experience in a management or team leadership position
• Advanced knowledge of MS Office tools, especially Excel
• Advanced English language ability, both written and spoken
• Keen interest in business process automation, internal control, efficiency and improvement
  
  

The ideal candidate is:

• Adaptable, dynamic and organised with a positive and enthusiastic attitude
• Good communicators, that Interact well within a team and actively manage expectations
• Promotes an effective internal control environment
• Take initiative in resolving issues in a structured methodical manner
• Have a strong sense of responsibility and ownership, and are attentive to detail, in a fast-moving environment.
  
  

Benefits

• We are committed to providing benefits, which promote mental, physical, and financial well-being. From healthy meal options in our restaurants and bistros to free use of the in-house gym including sport classes with professional trainers.
• We reimburse public transport for commuting to work; alternatively, we offer free parking space.
• We provide tuition assistance for further education and training courses.
• We have a competitive parental leave policy. Our childcare benefits also include emergency childcare services and financial assistance towards daycare costs.
• Employees’ Swiss Pension 2nd pillar is fully paid by Glencore.
  
  

Who We Are

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.

With over 150,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 50 offices.

Glencore’s customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.

We will support the global effort to achieve the goals of the Paris Agreement through our efforts to decarbonise our own operational footprint. We believe that we should take a holistic approach and have considered our commitment through the lens of our global industrial emissions. Against a restated 2019 baseline, we are targeting to reduce our Scope 1, 2 and 3 industrial emissions by 15% by the end of 2026, 25% by the end of 2030, 50% by the end of 2035 and we have an ambition to achieve net zero industrial emissions by the end of 2050, subject to a supportive policy environment. For more information see our 2024-2026 Climate Action Transition Plan and the About our emissions calculation and reporting section in our 2023 Annual Report, available on our website at glencore.com/publications.

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