Team Manager | Trading Settlements

💰 ₹28,800 - ₹46,080 (Est.) 📍 Chennai 🕐 5 days ago

Job Description

The Role
Position Description – Purpose
Shell Trading integrates a global portfolio of crude oil, refined products, natural gas, electrical power, chemicals and freight trading based in the UK, US, Canada, Singapore, The Netherlands, Japan, Barbados, United Arab Emirates, The Philippines and Russia. Additionally, it provides marine expertise to operating units and manages a substantial fleet of vessels.

Currently the Settlement processes are broadly divided basis line of Business as well Geographical locations viz., North America (NA), WONA (World outside NA) & Global Freight. This role will specifically cover Global Freight area. The purpose of this role is to manage and lead the Global Freight settlements Process.

The processes are complex and often time critical; they involve working closely with different teams within the Trading business, particularly the operations teams across the Trading locations. Each day, Finance Operations processes transactions worth billions of dollars with third parties for Trading and hence poor process performance would have a significant impact on Group profitability, cash flow and reputation.


The role provides an excellent opportunity for a motivated individual to quickly gain knowledge of a fast moving and exciting business, to gain leadership experience, and of managing operations that are progressing towards top quartile performance

Position Description – Accountabilities

Provide accounting services relating to reconciling a wide range of SOAR accounts, managing MJEs, operating key and non-key SOX controls, daily specific key debt chasing activities. Provide full transaction settlement process execution required by the refined products businesses related to Accounts Receivables. Coordinate activities for Global Freight Settlements within Shell Trading’s functional area, ensure the team meet all agreed metric’s, KPI’s and service standards. Responsible to review month-end/quarter close discrepancies by identifying "Root Causes" and taking proper action to resolve them along with following up with relevant parties on pending issues to ensure timely resolution. Ensure adherence to the fundamentals of standard accounting principles and policies. To maintain a robust controls culture and performance aimed at 100% design and operating effectiveness. In line with the changing dynamics of T&S business perform a periodic review of controls framework and create a mechanism which provides early warning of any impending challenges. Develop deep business knowledge to ensure sufficient understanding of how potential improvements, new business and systems will impact the end to end process. Drive operational process improvements by working closely with the team and business and ensure timely delivery of Continuous improvement initiatives. Embed knowledge management within the team and ensure that local process/business/stakeholder knowledge is adequately recorded/documented and retained across the various teams within Trading Settlements. Actively support knowledge sharing within the Trading Settlements team. Develop and foster connections with relevant business partners in the Trading business and other stakeholders to ensure performance and control issues in the end-to-end process are identified and resolved quickly, and that high-level issues are appropriately escalated, discussed and resolved. To lead and manage staff by guiding and directing them on day-to-day accounting issues, reconciliations, system-related issues, new business and system changes and ensure feedback on performance is given on a timely basis. Discuss GPA, IDP, and competencies. Developing, coaching and mentoring staff for improving effectiveness and efficiency.

Position Description – 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 co-ordinated effort.

Strong Influencing skills to get support/acceptance from dynamic stakeholders to implement new ideas and digitalization changes


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

Working in Flexible Shift timings to stay connected with the settlements team and business continuously considering the process requirements and complexities.

Experience and Qualification required

Professional / Bachelor degree in Accounting or Finance or related business degree.

Strong experience of 8+ years in financial accounting and receivables managements with team management experience of at least 4+ years


Experience in dealing with complex aspects of Trading business and its accounting, Statement of Account Reconciliation and Variance analysis will be an added advantage.


Ability to manage team(s) & stakeholders with varied processes involving manual judgments & Accounting Analytics complying to KPIs, Service standards & reporting requirements.

Ability to work effectively and efficiently while under pressure and with competing priorities


Prior experience of Process improvement initiatives using Lean Sigma methodology

Additional comments

Good Microsoft Access and Excel skills. Good Knowledge of SAP is highly preferred.

Key Competences Required

Competence Level

Builds Shared Vision Knowledge

Champions Customer and Stakeholder Focus Knowledge

Maximizes Business Opportunities Knowledge

Demonstrates Self Mastery Knowledge

Displays Interpersonal Effectiveness Skill

Demonstrates Courage Knowledge

Motivates, Coaches and Develops Skill

Values Difference Knowledge

Delivers Results Through Others Skill

Process Management Knowledge

Process Improvement Knowledge

Process Design Awareness

Demonstrated evidence of Enterprise first values and behaviors will be taken into account during the selection process


Disclaimer

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Shell/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.

💡 Quick Summary

Seeking a career-building opportunity? The Team Manager | Trading Settlements position is now open for candidates interested in the Accountant Jobs sector. This role in Chennai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.

Sponsored

Job Details

Company Name: Shell

Frequently Asked Questions

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The expected salary for Team Manager | Trading Settlements in Chennai is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Team Manager | Trading Settlements is an on-site position based in Chennai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Team Manager | Trading Settlements. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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