Trade Accountant Commodity Trading

Our client is a well established sucessful commodity trading and mining company with HQ in Switzerland.

We are looking for a motivated and eager candidate with a keen interest in the commodity trading and derivative environment to join the Finance Back Office team.

TRADE ACCOUNTANT 100%

Tasks

The main tasks and responsibilities include:

Period close

• Execute the month end trade accounting close per profit center based on International Financial Reporting Standards IFRS
• Review the departments trial balance for IFRS technical compliance
• Prepare detailed monthly IFRS P/L and working capital reporting
• Reconcile the middle office and trade accounting month end P/Ls and document and explain any breaks
• Review and reconcile department SG&A/overhead reporting
• Review and reconcile department management reporting
• Support regional offices with technical accounting challenges during period close

Intra period close

• In collaboration with the Middle Office remedy processes leading to prior month P/L reconciliation breaks
• Support the front and middle office including corporate teams with the preparation of adhoc departmental financial reports and analysis
• Coordinate the departments external audit internal audit and financial governance processes
• Execute departmental financial governance testing
• Maintaining professional and technical accounting finance and controls knowledge
• Review and control the departments application access and segregation of duties

Structure deals

• In collaboration with the Middle Office conclude on and document the IFRS accounting treatment for new structured deals in advance of execution

Price curve modelling

• Validate the IFRS compliance of Middle Office price curves

Projects

• Automate manual journal entries to ensure straight through processing to the general ledger
• Review and control the calibration of system generated journal entries
• In collaboration with other trade accounting teams identify and implement accounting best practice including processes and internal controls

Requirements

Qualifications and requirements:

• Background in Accounting with three to five years of trade accounting experience in a commodity trading or financial institution
• Chartered Accounting qualification (CA/CPA/ACCA)
• Working knowledge of commodity trading systems and ERP integration
• Working knowledge of ERPs especially SAP FI/Co and BW
• Advanced knowledge of MS Office tools especially Excel
• Advanced English language ability both written and spoken
• Keen interest in trading derivatives business process automation internal control efficiency and improvement
• Holder of a Swiss work permit or CH / EU / EFTA passport holder

The ideal candidate is:

• Adaptable dynamic and organised with a positive and enthusiastic attitude
• Good communicators that interact well within a team and actively communicate expectations
• Take initiative in resolving issues in a structured methodical manner
• Have a high sense of responsibility and ownership and are attentive to detail in a fast moving environment.