Trade Accountant at Glencore

PRIMARY TASKS & RESPONSIBILITIES:

Period Close:

• Execute the month end trade accounting close per profit center based on International Financial Reporting Standards “IFRS”.
• Review the department`s trial balance for IFRS technical compliance.
• Prepare detailed monthly IFRS P/L and working capital reporting.
• Reconcile the middle office and trade accounting month and P/L`s 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 ad-hoc departmental financial reports and analysis.
• Coordinate the department`s external audit, internal audit and financial governance processes.
• Execute departmental financial governance testing.
• Maintaining professional and technical accounting, finance and controls knowledge.

Structure Deals:

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

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.

QUALIFICATIONS:

• Chartered Accounting qualification (CA/CPA/ACCA)
• Diploma in Administrative Management would be beneficial.

WORK EXPERIENCE & SKILL REQUIREMENTS:

• At least 2 years` post articles experience in a similar role.
• Working knowledge of commodity trading systems and ERP integration.
• Working knowledge of ERP`s, 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.
• Adaptable, dynamic, and organised with a positive and enthusiastic attitude.
• Good communicator, that interact well within a team and actively manage expectations.
• Take initiative in resolving issues in a structured methodical manner.
• Have a strong sense of responsibility and ownership, and are attentive to detail, in a fast-moving environment.