Accountant - Coal Trading at Oza Holdings

• As a Accountant, you will be responsible for managing the financial aspects of mining operations, ensuring that they are financially sustainable, efficient, and compliant with relevant regulations.

Key Responsibilities:

Financial Reporting:

• Prepare and maintain accurate financial records related to coal mining and coal trading transactions
• Generate monthly, quarterly, and annual financial statements specific to trading activities
• Reconcile trading revenue and expense accounts

Costing and Margin Analysis:

• Track costs related to coal procurement, shipping, storage, and trading
• Analyze trading margins and profitability for individual contracts or deals
• Develop financial models to support pricing decision

Budgeting and Forecasting:

• Assist in preparing budgets and forecasts for trading operations
• Monitor budget vs. actual performance and provide variance analysis

Transaction Management:

• Monitor and record coal purchase and sale agreements, ensuring proper financial documentation
• Manage invoices, accounts payable, and receivable for trading operations
• Work closely with logistics and operations teams to reconcile trade volumes and costs

Risk Management and Compliance:

• Ensure adherence to financial regulations, tax laws, and trade-specific policies
• Monitor exchange rate fluctuations, commodity price movements, and other financial risks
• Support internal and external audit

Inventory and Stock Valuation:

• Maintain accurate records of coal inventory, including valuation and stock adjustments
• Coordinate with warehouse and supply chain teams to reconcile physical stock with records

Taxation and Regulatory Reporting:

• Handle tax filings related to coal imports, exports, and domestic trading
• Ensure compliance with government and industry-specific reporting requirements

Minimum Requirements:

• Bachelor’s degree in Accounting, Finance, or a related field (CPA/CA certification preferred)
• Minimum of 5 years’ accounting experience in coal mining is mandatory
• Familiarity with commodity trading practices, documentation, and regulations
• Proficiency in ERP systems (SAP,) and trading-specific tools. Advanced MS Excel skills are essential
• Strong analytical and problem-solving skills
• High attention to detail and accuracy in financial reporting
• Excellent communication and negotiation skills
• Understanding of coal market dynamics and pricing trends
• Ability to work under pressure and meet strict deadlines