Accountant - Global Commodity Brokers - London, United Kingdom - eTech Partners

eTech Partners

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

An opportunity has arisen for an Accountant to join a Global Commodity Trading Company.

You will have experience of both trade and financial accounting or alternately you will have experience within the big four or a commodity environment.

Responsibilities

Management of a small team, including setting and prioritising objectives, training/ coaching, and monitoring performance.
Trading Margin accounting, including technical accounting judgement to achieve IFRS compliant accounting treatment for all trades and structures, including complex trades involving optionality and financing components
Reconciliation from Commercial to IFRS/ IAS compliant Financial P&L and validation of all adjustments
Accounting for Trading/ Commodity components of other income/ expense.
Calculation and validation of financial returns by business unit/ desk in accordance with defined methodology
Detailed working capital analysis by business unit/ desk, including forecast and variance analysis

Intercompany reconciliation

Trade
Accounting for Trading finance agreements (e.g. Loans to counterparts)
Trading accruals/ prepayments (e.g. Structured long term transactions)
Analysis for reported Trading Margin & other income/expense
Researching and agreeing technical accounting treatments for Trading/ Commodity transactions, including discussion and agreement with the external auditor
Analysis and reporting for statutory financial reporting primarily IFRS
Maintaining accounting documentation for Trading/ Commodity transactions
Budget Assumptions (Trading Margin)
Review, analysis and control checks on currency balance sheets (trading)
Cash flow hedge accounting

Experience required

Qualified Accountant with several years post qualification experience
Efficient and controlled management of large and complex data sets (systems and analytical tools, e.g. Access, Excel)
Reconciliation of trade financial data from commercial reporting to IFRS compliant financial reporting, including calculation and validation of financial accounting adjustments.
Management of reconciliation processes across a large international group.
Critical analysis of financial data and identification/ investigation of inconsistent/ unusual data
Presentation and justification of accounting treatment for complex/ structured transactions, including preparation of accounting summary papers for auditor review