Analyst - Accounting - job 1 of 2

Main Purpose:
This role is responsible for the accounting, reporting and control of the Trading legal entities with primary responsibilities of monthly closing of the books, entity-specific accounting policy, legal entity maintenance, account reconciliation & account structure management. The role will require an in-depth understanding of these entities including their business strategies, associated technical accounting and disclosure requirements.

Knowledge Skills and Abilities, Key Responsibilities:

Balance Sheet Review & Control

• Provide and support input into the end-to-end control and ownership of legal entity balance sheets for the division supported.
• Drive the monthly financial close which entails analytical review and sign off of the balance sheet, profit and loss accounts for entities of the specified trading division.
• Perform the month end close process including but not limited to revenue recognition checks, stock verification and valuation, debtors aging along with provision review, intercompany & related party balance confirmation.
• Ensure strong control framework by implementing and maintaining effective internal controls.
• Address ad hoc requests from various stakeholders and counterparts like tax, consolidation and regional accounting teams.
• Coordinate with multiple teams on matters relating to intercompany settlements, transfer pricing, legal, compliance.
• Analyse impact of various journals and processes on trial balance areas.

MIS reporting

• Inter-co, Portfolio and Broker reconciliation
• Debtor/Creditor reconciliation
• Debtor/Creditor reporting
• VAT reconciliation and reporting
• Inter/Intra-co invoicing and reallocation of costs/income
• Daily suspense balance clearing and reporting

Audit

• Liaise with external auditors during the group & statutory audits.
• Coordinate with various functions to provide auditable support & evidence to external auditors.
• Prepare disclosure schedules and audit documentation

Change Management

• Drive change projects to support any accounting policy changes or new reporting requirements for the legal entities in scope.
• Challenge the current processes for improvement and constantly review processes for efficienciesSteer a wide variety of projects in the transformation of the trading and GL systems from the design, functional requirements and testing to supporting implementation

Key Relationships and Department Overview:

• Business Controllers
• Deals Desk (Product Control team)
• Operations /Chartering (logistics)T
• Trade Finance
• Treasury and Bank reconciliation
• External Audit teams

Job ID R-011395