Senior Analyst
Job Summary
We are looking for an Invoicing & Trade Finance Senior Analyst to perform the Contract to Cash (CTC) activities and to oversee the endtoend Letter of Credit and trade finance documentation cycle ensuring accuracy compliance and timely support for global shipments and cashflow.
The Group Services- Commercial Services team is responsible for all revenue accounting for iron ore salt Copper bauxite and alumina sales for Pacific region. This includes ensuring that appropriate credit risk mitigation tools are in place appropriate shipping-related documents are produced and that commercial invoices and other documents are produced to banks/customers in a timely accurate manner to ensure the maximization of cash flow.
This role is a great opportunity for a professional who is eager to progress into a role with end-to-end accountability and responsibility for our CTC process and has the experience in supporting the development of new KPIs system enhancements and process automation. Working within the Commercial Services Team and reporting to the GS-CS Senior Advisor you will be responsible for:
Key Accountabilities:
- Source and report on operational invoicing matters
- Maintain relevant sales databases in relation to invoicing
- Oversee accurate reparation issuance vetting and presentation of Letter of Credit (LC)/shipping documents to ensure compliant timely shipments across the portfolio
- Manage bank interactions for confirmations discrepancy resolution and fee negotiations to secure competitive outcomes for the business
- Strengthen LC/Authorization to Load (ATL) reporting governance and ensure timely reliable updates to internal and external stakeholders
- Support business process and automation improvements to effectively and efficiently deliver customer service solutions to the business
- Support compliance with Rio Tinto policies in the area of invoicing
- Support Supervisor in operational matters and help provide guidance to junior team members
- Ensure adherence to standard documentation procedures SLAs and internal controls across the team
- Manage individual knowledge levels identifying areas for growth and development.
- Working closely with multiple stakeholders to improve the level of services and processes to meet the business requirements and maintaining a positive relationship.
- Contribute to our Digital Transformation Program and ERP modernization initiative
Activities & Tasks:
- Generate invoices and prepare shipping documents for presentation to banks or to send to customers;
- Monitor shipment execution and ensure cash collections for the business units are met timely.
- Execute and run reports and procedures required for month-end activities
- Support Data Analysis/Reporting activities
- Execute and run reports and procedures required for month-end activities
- Lead audit and financial queries when required.
- Support SAP projects and enhancements for CTC process
- Support improvements initiatives with focus on quick-win automations aiming at enhancing efficiency.
- Maintain management reporting keeping team reports up-to-date from both functional and data perspective and maintaining internal databases and systems.
- Supervise preparation issuance and checking of shipping documents ensuring team adherence to LC terms and contract requirements
- Review and validate Proforma LC Applications created for customers
- Oversee endtoend LC execution
- Review and endorse LC document presentations ensuring accuracy of SAPgenerated financial documents and compliance with LC conditions.
About Rio Tinto
Rio Tinto is a leading global mining and materials company. We operate in 35 countries where we produce iron ore copper aluminium critical minerals and other materials needed for the global energy transition and for people communities and nations to thrive.
We have been mining for 150 years and operate with knowledge built up across generations and continents. Our purpose is finding better ways to provide the materials the world needs striving for innovation and continuous improvement to produce materials with low emissions and to the right environmental social and governance standards. But we cant do it on our own so were focused on creating partnerships to solve problems create win-win situations and meet opportunities.
Respect and Inclusion
At Rio Tinto we particularly welcome and encourage applications from Indigenous Peoples women the LGBTQIA community mature workers people with disabilities and people from different cultural backgrounds.
We are committed to an inclusive environment where people feel comfortable to be themselves. We want our people to feel that all voices are heard all cultures respected and that a variety of perspectives are not only welcome they are essential to our success. We treat each other fairly and with dignity regardless of race gender nationality ethnic origin religion age sexual orientation or anything else that makes us different.
Required Experience:
Senior IC
About Company
Rio Tinto is a leading global mining group that focuses on finding, mining and processing the Earth’s mineral resources. Discover more about Rio Tinto's mining operations today.