The Settlements Intern position is an internship role seeking candidates to support settlement operations, ensuring timely and accurate processing of transactions.
Job Title:
Settlements InternContract Type:
Internship ContractTime Type:
Full timeJob Description:
Summary of Company
- Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy, bulk materials, and base metals from where they are sourced and stored to where they are demanded most. Gunvor has strategic investments in industrial infrastructure—refineries, pipelines, storage, and terminals—that complement our core trading activity and generate sustainable value across the global supply chain for our customers. For 2023, Gunvor reported US $127 billion in revenue on 177 million MT of volumes, and remains on track to cut Scope 1 and 2 emissions 40%, and to reduce the carbon intensity of its shipping fleet by 10% by 2025.
- For more information, visit GunvorGroup.com.
Overview of Role
- The Settlements Intern will be part of a team that provides trade support to our Oil Trading team based in Singapore. Reporting to the Settlements Manager – APAC, he/she will gain hands on experience and learn the mechanics of how settlement team handle shipping documentation and monitor receivables/payments, as well as master the basic knowledge of incoterms.
- Main Responsibilities
- Prepare and draft invoices
- Assist in daily cash flow updates, trade related accounts payable (AP)
- Follow up on cargo related documentation
- Process incoming invoices and monitor payment status
- Letter of Credit related documentation
- Assist with spreadsheet updates
- Input or update information into trading system
- Filing/ Document Management
- Perform other ad-hoc duties assigned by your manager
Profile
- The individual should have the following experience:
- High accuracy of data input
- Proficient in Excel and other Microsoft Office applications.
- Strong prioritization and time management skills with ability to work under pressure in dynamic environment
- Ability to work with tight deadlines
- Self-motivated individual and ability to work independently with limited supervision.
- Applicants need to commit to the standard 5 days work week throughout the entire 6 months internship period.
If you think the open position you see is right for you, we encourage you to apply!
Our people make all the difference in our success.
Gunvor Group Singapore Office
12 Marina blvd, MBFC Tower 3, Singapore,, Singapore
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