Save Job Back to Search Job Description Summary Similar JobsGreat Learning Opportunity & GrowthJoin an established and global organizationAbout Our ClientOur client is a well established and global energy trading company that focuses on origination and trading to sales, transport and storage of LNG and various energy products. They are currently looking for a Trading Controller to be part of their Finance & Accounting team and ensuring that the monthly trading balances reported are aligned with IFRS & the group's accounting policiesJob DescriptionEnsuring that the monthly trading balances, as reported in SAP ERP comply with both IFRS Group Accounting Polices, additionally responsible for all correct mapping and assignment to parent company GL for onward financial consolidation.Reconcile legal entity results in SAP ERP, for at least one trading desk and/or legal entity, to Product Control monthly estimates, investigating all material differences. Working with more senior members of the Team, take appropriate action to ensure reporting obligations are met. Includes the preparation of corrective journals to company with IFRS, for manager review and sign off before recording in SAP.Support Senior Trading Controller in operating the sub-group financial netting processes and controls under IFRS to ensure all unrealised trades are correctly presented across asset and liability accounts.For specific business units, ownership over monthly preparation key financial data and business commentary, specifically for balance sheet results at entity level, and presentation across the team.Support new business opportunities through timely analysis, advice, and input to the Senior Trading Controller for review, supporting that any new commodities, markets or deal structuresBuild strong relationships with the technical accounting team to support the Team where advice is given it is seen through to physical implementation, both for existing business activity as well as new structures taken on.Supporting overall data management, supporting the team that all logic, mapping tables and GL assignments are actively maintained and validated within ETRM to SAP interface layer, I&R.The Successful ApplicantTo succeed in this role, you should ideally possess the following:Degree in Finance, Accountancy or relevant disciplinesAt least 3 years of experience auditing for a commodities trading company preferably in the Oil & Gas sectorExperienced in substantiating foreign currency transactions in SAP, including realised and unrealised gains and losses on revaluation and cash clearingOwning a derivative financial netting process, understanding both the IFRS rules followed, as well as some of the challenges in its applicationStrong knowledge on IFRS 9, 39What's on OfferBe part of a global and established organisationOpportunity for growth and exposureGreat training and learning opportunityContactDominic Chong (Lic No: R21102554 / EA no:18S9099 )Quote job refJN-092024-6538368Phone number+65 6541 9857Job summaryFunctionFinance & AccountingSpecialisationFinancial AccountingWhat is your area of specialisation?Financial ServicesLocationSingaporeContract TypePermanentConsultant nameDominic Chong (Lic No: R21102554 / EA no:18S9099 )Consultant contact+65 6541 9857Job ReferenceJN-092024-6538368Work from HomeWork from Home or Hybrid
