At a Glance
- Tasks: Manage financial accounting, reporting, and control for a leading oil and gas trading company.
- Company: Global leader in oil and gas/energy commodities with a dynamic work environment.
- Benefits: Competitive salary, discretionary bonus, 10% pension, 25 days holiday, and private healthcare.
- Other info: Office-based role in Central London with flexible work-from-home options.
- Why this job: Join a prestigious firm and make a significant impact in the energy sector.
- Qualifications: Bachelor's in Accounting/Finance and professional qualification (ACA/ACCA) required.
The predicted salary is between 70000 - 100000 £ per year.
A global oil and gas/energy commodities trading company is seeking a Senior Financial Accountant to review and align revenue and cost of revenue, financial derivatives instruments based on business operations, and to do all monthly reporting for the entity.
You’ll manage all aspects of financial accounting and control.
This role is predominantly office based (Central London office Monday-Thursday and work from home Friday).
The role is paying £70,000-£100,000 DOE and offers great benefits including discretionary bonus, 10% non-contributory pension, 25 days holiday and private healthcare)
Responsibilities
- Review and control the reports of trade settlements and other activities by the company and ensure that financial statements and all related reports are completed as per stipulated timeframe
- Control all entities month-end timetable and posting of month-end journals for actuals and accrual transactions, including depreciation run, exchange revaluation.
- Review of financial statement for group reporting.
- trade finance utilization.
- Review of Month-end Reports, posting of Journal Entries.
- Control monthly financial report through conducting revenue and costs analysis of business operation strategy and secondary costs associated with business activities for the purpose of reporting to the management of entities.
- Review Fixed Asset Register and monthly inventory management.
- Control and monitor data and operational accounting i. e. trade accounts and derivatives accounting i. e.
- Control maintenance review of both Accounts Payable and Accounts Receivable to ensure proper and accurate data are captured in the accounts and timely ageing report produced with thorough review every month.
- Control the yearly financial audit exercise and activities according to the plan and ensure pre-audit work is done in comprehensive manner to allow for a smooth audit and complete with the stipulated timeframe, Including preparing statutory financial statements as per IFRS.
Influence overall audit process until completion and review board paper for presentation to the Management.
- Control the overall process to adopt relevant accounting standards through assessment of the implications of terms of recognition, measurement and disclosure of any revision or new Financial Reporting Standard to ensure compliance to Group Accounting Guidelines, FRS and relevant statutory requirements.
- Facilitate and control testing for Financial Control Framework twice yearly for Group reporting accordingly and to ensure that the effectiveness of testing are relevant and updates based on changes in business, enhancement in practices or system.
- Plan and review availability and timely update of records and documents in Document Management System for easy and organized reference in the company, as well as to ensure compliance to business processes, procedures and regulatory requirements.
Qualifications/Experience Required
- Bachelor's Degree in Accounting/ Finance / Banking or equivalent.
- Recognised professional accounting qualification (e. g. ACA, ACCA or equivalent). Big four experience will be an advantage.
- Significant (5+ years) relevant and recent experience in accounting functions within the oil/gas/energy industry
- Strong technical accounting knowledge, audit practices and regulatory requirements.
- Working knowledge of system and procedures development/compliance.
- Strong SAP system knowledge including other integrated modules is required.
- #J-18808-Ljbffr
Senior Financial Accountant employer: Ashdown Group
Join a market-leading business in Stoke-on-Trent as the Head of IT, where you will thrive in a hybrid work environment that promotes flexibility and work-life balance. Our collaborative culture fosters innovation and continuous improvement, providing you with ample opportunities for professional growth and development. With a focus on cutting-edge technology and a commitment to employee well-being, this role offers a unique chance to make a significant impact while being part of a dynamic team driving the company's impressive growth trajectory.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Financial Accountant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Ashdown Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Financial Accountant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Ashdown Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Ashdown Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Ashdown Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Ashdown Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Ashdown Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Ashdown Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
