Assist in managing a portfolio of trading counterparts;
Check traders supply accurate deal-sheets / electronic download reports for trades validated within our in-house’ trading system, (the BOOK);
Ensure that accurate trading information is represented within the BOOK by confirming deals with counterparts on a daily basis;
Reconcile counterpart / pipeline invoices against the BOOK
Send invoices to counterparts without exceeding deadlines set within the industry as well as contractually;
Submit payment instructions to finance in a timely manner allowing them to comply with contractual payment dates;
Assist internally and externally with any Back Office related questions;
Participate in team and individual projects delegated by the Back Office Manager;
When needed, help keep the team Organized by assisting with general Back Office duties including : Faxing, Archiving and Filing.
Daily reconciliation of Exchange Position
Ecm Check daily to ensure all trades have matched
Collect and check brokers confirmations against the Book contents each day
Check and fax all the confirmations produced by the system to the counterparties.
Collect all incoming confirmations (both thirdparty and returned Total confirmations) and check and record against the Book.
Chase all outstanding confirmations
Update the book with actual deliveries when this alters from the contractual volume
Accurate and timely confirmation and invoicing of all transactions; - All entries within the trading book are correct, no misreporting as this can cause big P&L swings
Effective communications with numerous internal and external parties.
Context and environment
Fast paced trading environment requiring the jobholder to be able to work both autonomously and within a team. Position requires daily interaction with other departments within the organization.
Industry and contractual deadlines to be respected.
Reconciliation of discrepancies and resolution of counterpart issues requires jobholder to be able to seek out information Necessary for problem solving.
The position is within the Trading floor, open plan office. It’s very active environment, the candidate needs to be able to focus on tasks and multi task.
Studying a Master in Accounting / Finance / Economics / Mathematics / Business Management.
Numerate and abilities to work under pressure.
To be able to work within a team but also individually when necessary.
This position also requires the candidate to be proactive and reliable.
Knowledge of energy commodity markets.
European languages desirable.
Only University Sponsored application will be considered
Financial Middle / Back Office
Experience level required
Gas Renewables And Power
About us / company profile
Total Gas & Power Ltd is a wholly owned subsidiary of the Total Group responsible for energy Marketing and Trading activities in the UK.
We supply natural gas to many thousands of sites across the UK, and we are market leaders in the highly competitive I&C sector (by gas volume).
Based in the head office in Geneva (World Trade Center) the Trading division is responsible for optimising the purchase / sales portfolios of gas, electricity, CO2 emissions, dry bulk, and LNG, via transactions (arbitrage, balancing and hedging) in all recognised markets worldwide, in compliance with Group trading guidelines.
Alongside the traders we have risk analysts, shipping and chartering operators and gas and power schedulers.