About this role
<hr> <table style="height:45.9972px;width:100%;border-style:solid;background-color:#043c5a;border-color:#aaa5a5" border="1"> <tbody> <tr style="height:45.9972px"> <td style="width:25%;height:42.9972px;text-align:center"><span style="color:#ffffff;font-family:helvetica, arial, sans-serif"><strong>City : </strong>Mohali<strong> </strong></span></td> <td style="width:25%;height:42.9972px;text-align:center"><span style="color:#ffffff;font-family:helvetica, arial, sans-serif"><strong>State : </strong>Punjab (IN-PB)<strong> </strong></span></td> <td style="width:25%;height:42.9972px;text-align:center"><span style="color:#ffffff;font-family:helvetica, arial, sans-serif"><strong>Country : </strong>India (IN)<strong> </strong></span></td> <td style="width:25%;height:42.9972px;text-align:center"><span style="color:#ffffff;font-family:helvetica, arial, sans-serif"><strong>Requisition Number: </strong>44602<strong> </strong></span></td> </tr> </tbody> </table> <p> </p> <p> </p><p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif"><strong>Role Purpose Statement</strong></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">The overall responsibility of the Settlement Specialist is the accurate and timely input of commodity purchase and sales orders/contracts including amendments in the system (SAP), load order creation and application for Rail, Truck and Barge movements, create and apply tickets in SAP, Purchase and sales execution in SAP, freight adjustments, quality claim settlement, payment proposal creations as well as preparation of daily reports as per business requirement.</p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Key Interfaces: Internal – External</p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Interaction with trading, execution, sales, plant, controller, accounting, fi nance desks, also direct communication with third parties’ suppliers/buyers, surveyors and agents.</p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif"><strong><u>Key Performance Indicators (KPIs)</u></strong></p> <ul style="margin-bottom:0.0in;margin-top:0.0px"> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Turnaround time in the document delivery and collection.</li> <li style="margin:0.0in 0.0in 8.0pt 0.0px;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Accuracy in the related process</li> </ul> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif"><strong> </strong></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif"><strong>Job Description: Trade Settlement Specialist </strong></p> <ul style="margin-top:0.0in;margin-bottom:0.0in" type="disc"> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Ensure all KPIs are met on a daily basis.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Manage and execute end- to -end <strong>trade settlements</strong> processes, ensuring accuracy and timeliness.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Accurate <strong>PO creation</strong> and input of purchase and sale orders/contracts and all relevant amendments in the system (SAP).</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Load order creation and application in SAP.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Execute Purchase and sales orders, ensuring strict adherence to contractual terms and applicable <strong>Incoterms</strong>.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Create and apply tickets in SAP.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Handle freight adjustments, meticulously applying <strong>Incoterms</strong> definitions and contract specifications.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Manage financial instruments pertinent to global trade, including the processing and administration of <strong>Letters of Credit (LCs)</strong> and other trade finance mechanisms.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Creation and up-dation of Billing String.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Issuance of invoices, credits, and debits notes, verifying alignment with <strong>trade settlements</strong> terms.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Manage customer queries and complaints related to quality, transportation, and incorrect material, often requiring an understanding of <strong>Incoterms’</strong> responsibilities.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Claim settlement, including reconciliation of discrepancies related to <strong>trade settlements</strong>.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Preparing daily reports like plant reports, missed pickup, detention, cancellation, and contract balance reports, ensuring they are prepared and issued on time.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Close coordination with internal and external interfaces on day-to-day activities, particularly concerning <strong>trade settlements</strong> documentation and compliance.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Effective communication on all day-to-day operation related activities with various stakeholders, ensuring clarity on <strong>Incoterms</strong>, payment terms, and settlement statuses.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Work in coherence to achieve self and team goals.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Daily status update and report issues to the manager, for timely resolution.</li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Should be flexible to work in US shift as per business requirement.</li> </ul> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif"> </p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif"><strong><u>Knowledge, Skills and Experience</u></strong></p> <ul style="margin-bottom:0.0in;margin-top:0.0px"> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Master’s degree in finance, Logistics or related field.</li> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Desirable minimum 2-3 years of experience in International Agri-commodity execution/finance.</li> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Advanced in both written and verbal English. Knowledge of any other foreign language(s) would be an advantage.</li> <li style="margin:0.0in 0.0in 8.0pt 0.0px;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Computer proficiency (SAP, Analytical tools, MS Office).</li> </ul> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif"><strong><u>Competency</u></strong></p> <ul style="margin-bottom:0.0in;margin-top:0.0px"> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Customer Focus.</li> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Continuous Improvement.</li> <li style="margin:0.0in 0.0in 8.0pt 0.0px;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Attention to details. -</li> </ul> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif"><strong><u>Decision-Making</u></strong></p> <ul style="margin-bottom:0.0in;margin-top:0.0px"> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Strong customer service, communication skills/soft skills.</li> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Attention to details, process oriented and analytical skills.</li> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Flexible and adaptive to changing conditions in the business/market environment.</li> <li style="margin:0.0in 0.0in 0.0in 0.0px;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Work well as part of a team to achieve a common objective.</li> <li style="margin:0.0in 0.0in 8.0pt 0.0px;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif">Effective decision making and problem solving.</li> </ul> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:10.0pt;font-family:'Segoe UI', sans-serif"> </p><hr> <p><span style="color:dimgray;font-size:12.0pt;font-family:helvetica, arial, sans-serif"><span style="text-decoration:underline">Prior to applying for a new position, employees should discuss the intent with their supervisor to facilitate development discussions and keep the process transparent throughout. Please refer to the Talent Acquisition Policy or contact your Regional Talent Acquisition team for specific questions.</span></span></p>