Analyst - Management Accounting - Trading Firm

Client - A Trading Firm

Key Responsibilities

Balance Sheet Review & Control

- Provide and support input into the end-to-end control and ownership of legal entity balance sheets for the division supported

- Drive the monthly financial close which entails analytical review and sign off of the balance sheet, profit and loss accounts for entities of the specified trading division

- Perform the month end close process including but not limited to revenue recognition checks, stock verification and valuation, debtors aging along with provision review, inter company & related party balance confirmation

- Prepare and post journals with respect to accruals & prepayments, derivatives netting adjustments, depreciation

- Evaluate accounting of various physical and derivative positions and determine application of hedge accounting where appropriate

- Ensure strong control framework by implementing and maintaining effective internal controls

- Address ad hoc requests from various stakeholders and counterparts like tax, consolidation and regional accounting teams

- Coordinate with multiple teams on matters relating to inter company settlements, transfer pricing, legal, compliance

Management Reporting

- Analyse trial balance movements on a monthly basis and highlight and explain the significant movements based on agreed thresholds

- Perform analytical review and provide comments on the business rationale of balance sheet movements

- Prepare, analyse and present monthly, quarterly and annual financial reporting to the consolidation team

- Prepare management reporting packs on monthly/quarterly basis

Audit

- Liaise with external auditors during the group & statutory audits

- Coordinate with various functions to provide auditable support & evidence to external auditors

- Prepare disclosure schedules and audit documentation

Change Management

- Drive change projects to support any accounting policy changes or new reporting requirements for the legal entities in scope

- Challenge the current processes for improvement and constantly review processes for efficiencies

- Steer a wide variety of projects in the transformation of the trading and GL systems from the design, functional requirements and testing to supporting implementation

Key Relationships

- Business Controllers

- Deals Desk (Product Control team)

- Operations /Chartering (logistics)

- Trade Finance

- External Audit teams

Experience, Knowledge and Skills

- Chartered Accountant / post-graduation accounting qualification

- 2-8 Years of relevant experience

- Strong communication skills

- Self-driven and able to take end-to-end ownership

- Keen to question and challenge the existing processes with a view of creating reporting efficiencies and improvements.

- Can work with multiple data sets, various systems and Excel

- Eager to take up fresh challenges and support the team wherever required

- Comfortable to work with non-accounting teams for regular activities and projects