At a Glance
- Tasks: Validate and reconcile trading accounts, analyse discrepancies, and assist with audits.
- Company: Join Aramco Trading, a leading global player in the energy trading sector.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Why this job: Be part of a diverse team making an impact in the oil and gas trading industry.
- Qualifications: Bachelor's degree and ACCA/CIMA qualified with commodity trading experience.
- Other info: Fast-paced environment with excellent career advancement opportunities.
The predicted salary is between 60000 - 80000 £ per year.
Aramco Trading Limited (ATL) was incorporated in London in 2019. ATL carries out energy trading activities, particularly the trading, by way of procurement and sale of refined products, crude oil, specialty petroleum products and chemicals. In addition to physical trading, ATL also engages in a wide variety of activities including shipping, chartering, storage and trading of financial derivatives. The company has a widely diverse employee base with expertise in all aspects of the oil trading market. The rapidly expanding London team complements our global network and provides constant coverage across all time zones. ATL is an active participant in hydrocarbon trading in Europe, Africa and the Americas, with a wide variety of crude grades and different petroleum products. The Company has also been expanding its activities to include GAS business where trading Liquefied Petroleum Products (LPG) and Lignified Natural Gas (LNG) form part of the growing portfolio.
ATL are currently recruiting for a Trading Accountant with financial accounting experience to support the Finance Department of Aramco Trading, London.
Duties include:
- Validation and reconciliation of trading and balance sheet accounts prior to reporting, focusing on fair valuation, accruals, MTM, inventory segmentation
- Analyze discrepancies and variances in gross margin accounting data
- Reconciliation of results adhering to governance standards
- Commentary and variance analysis on Trading accounting results
- Assist with interim and annual audits, liaising with auditors
- Assist in month-end reporting procedures
- Perform other miscellaneous duties
Qualifications, experience and skills:
- The ideal candidate will have a Bachelor degree
- Fully qualified ACCA, CIMA or equivalent
- Commodity trading background, preferably in oil and gas
- Experience of producing income statements and balance sheets
- Knowledge of generally accepted accounting and bookkeeping principles and procedures
- Experience in analysing trading results by profit centre and production of management accounts by book
- Possess a strong analytical, problem-solving mindset
- Attention to detail, well organized and ability to prioritise and work under pressure
Trading Accountant in City of London employer: Aramco Trading Limited (ATL)
Contact Detail:
Aramco Trading Limited (ATL) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trading Accountant in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those working at Aramco Trading or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of commodity trading, especially in oil and gas. We want you to show off your expertise and how it aligns with what Aramco Trading is all about!
✨Tip Number 3
Don’t forget to showcase your analytical skills! Be ready to discuss how you've tackled discrepancies and variances in past roles. This will demonstrate your problem-solving mindset, which is key for a Trading Accountant.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Trading Accountant in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Trading Accountant role. Highlight your financial accounting experience and any relevant skills that match the job description. We want to see how your background fits with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your experience aligns with our company’s focus on trading and finance. Let us know what makes you the perfect fit for our team.
Showcase Your Analytical Skills: Since the role involves analysing discrepancies and variances, make sure to highlight any relevant experiences where you've used your analytical skills. We love seeing examples of problem-solving in action!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the Trading Accountant position. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Aramco Trading Limited (ATL)
✨Know Your Numbers
As a Trading Accountant, you'll need to be comfortable with financial data. Brush up on your knowledge of income statements, balance sheets, and trading results. Be ready to discuss how you've handled discrepancies in the past and how you ensure accuracy in your reports.
✨Understand the Industry
Familiarise yourself with the oil and gas trading landscape. Research Aramco Trading's operations and their role in the market. Being able to speak knowledgeably about current trends and challenges in the industry will show your genuine interest and commitment.
✨Prepare for Technical Questions
Expect questions that test your understanding of accounting principles and practices, especially those related to commodity trading. Review fair valuation methods, accruals, and MTM concepts. Practising these scenarios can help you articulate your thought process during the interview.
✨Showcase Your Analytical Skills
The role requires a strong analytical mindset. Prepare examples from your previous experience where you successfully analysed data or solved complex problems. Highlight your attention to detail and how you prioritise tasks under pressure, as these are key traits for success in this position.