Physical Operations Associate

hace 1 día

Cali, Colombia StoneX Group A tiempo completo

Overview:
**Connecting clients to markets - and talent to opportunity.**

With 4,500+ employees and over 300,000 commercial, institutional, payments, and retail clients, we operate from more than 70 offices spread across six continents. As a Fortune 100, Nasdaq-listed provider, we connect clients to the global markets - focusing on innovation, human connection, and providing world-class products and services to all types of investors.

Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, StoneX Group is made up of four business segments that offer endless potential for progression and growth.

We're looking for a Physical Operations Associate, that will be responsible to ensure efficient and effective execution of StoneX Commodity Solutions’ transactions. This role’s primary purpose is contract performance, inventory control and risk mitigation - ensuring accurate execution, payment performance, and safe transfer/release of title for structured trade finance, and domestic back-to-back trade flows.

**Responsibilities**:

- Coordinate with Front Office, Clients, and Vendors to execute purchase and sales transactions
- Perform trade control activities to ensure safe transfer and release of title documentation
- Daily Inventory Management & reconciliation of physical commodity movements
- Creation of Inventory, Accounts Payable, Accounts Receivable and cost accrual entries
- Authorization and approval of vendor invoices and supporting documentation for physical commodity products, freight
- Create and send commercial invoices
- Process settlement checks for approval payment to suppliers and clients
- Formulate Accounts Payable Pre-Payment Advances
- Create Overfills/Underfills/Washes on Contracts
- Performs monthly inventory reconciliation and adjustments per business line requirements
- Monitors aging payables and receivable balances and escalates as appropriate
- Communicates with management and brokers regarding outstanding issues
- Resolve any customer payment discrepancies
- Preserve orderly records of reconciliations

Qualifications:

- Bachelor’s Degree in Business, Finance, Supply Chain, Economics or business-related field **or** 5+ years relevant commodity trade experience
- Excellent verbal and written communication skills
- Demonstrated ability to assess risk and mitigate/problem solve with sense of urgency
- Strong attention to detail and accuracy
- Flexible and adaptable with an ability to prioritize tasks and meet deadlines
- Passion to learn and expand trade knowledge in unfamiliar product lines
- Proficient in Microsoft office product
- ** Physical requirements/Working conditions**:

- Minimal physical requirements other than occasional light lifting of boxed materials
- Dynamic, time-sensitive environment
- Some travel as needed
- Located in Cali, Colombia

**#LI-Hybrid

LI-FS1

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