Supply Accounting Analyst

Key Responsibilities

• Ensure proper stock reconciliations are performed by Deals Desk and Operations. Reconcile trade information between the various trading systems and the accounting system (Sun). Work closely with the Front/Mid Office in a fast moving business where inherent risk has to be mitigated by implementing effective controls.
• Raising of Sales Invoices and booking Purchase invoices.
• Review of trial balance and analyses / commentary of major movements.
• Perform revenue recognition checks to ensure compliance with accounting standard.
• Preparation & posting of various journals for month end process like prepayment, reclassifications etc.
• Evaluate accounting of various physical and derivative positions and determine application of hedge accounting where appropriate.
• Identify and review areas of required grossing up or netting of the balance sheet and ensure the same is applied per accounting standards.
• Prepare disclosure schedule / audit documentation and liaise with external auditors.
• Partnering on various accounting projects in related accounting areas.

Experience

• Mandatory
• Chartered Accountant with prior experience in derivative accounting will be a significant advantage
• Highly developed communication skills and experience of operating in an international environment, preferably from working for an international company.
• Self-motivated with a mature attitude. Able to work independently in a professional manner and maintain high standards of integrity.
• Ability to question and challenge the existing processes, with a view to creating reporting efficiencies and improvements.
• International outlook. Able to cope with working with staff in different offices worldwide.
• Drive and determination to obtain understanding of complex, business-driven transactions and report these accurately according to the appropriate accounting standards.
• Can work with various data sets and comfortable using various systems.
• Having good knowledge of excel to initiate automation through use of excel. Knowledge on macro creation is an added advantage.
• Team player with an enthusiastic approach to fresh challenges and helps various teams.
• Strong communication skills. Comfortable to liaise with non-accounting staff at all levels on a routine basis.

Skills

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Competencies

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Key Relationships

• Business Controllers
• Deals Desk (who calculate daily trading result and market risk)
• Operations /Chartering (logistics)
• Trade Finance
• External Audit teams Role & responsibilities