At INEOS Energy, we produce and trade oil, gas, liquefied natural gas (LNG), and carbon credits. This is supported by our investments in low-carbon technologies, which will help sustain our business through the energy transition. Direct examples of these areas are ‘Project Greensand’, our pioneering carbon storage project in the Danish North Sea, and our investment in HydrogenOne Capital.
INEOS Energy Trading operates across Oil (crude and refined products), Natural Gas, LNG and derivatives markets. Our core mission is to fully monetise INEOS Energy’s equity Oil and Gas production across Europe and the US.
Beyond this, the Trading and Business Development teams are tasked with originating and developing complementary third-party physical business.
Our team is on an exciting growth journey, and we anticipate continued growth across both new commodities and geographies, as the business evolves to support INEOS Energy’s expanding global footprint.
We are seeking a Financial Accountant / Analyst to support the Energy Trading finance function during a period of rapid growth and increasing complexity. The role will focus on high-quality financial accounting, reporting and analysis, alongside commercial support to trading and business development activity.
This position sits close to the business, working with Trading, Risk and Operations, and plays a key role in ensuring financial information is accurate, insightful and fit for decision-making as the business scales.
RESPONSIBILITIES & ACCOUNTABILITIES
- Support the timely and accurate monthly close process, including the preparation of trading-related journals (financial instruments), accruals, prepayments, and balance sheet reconciliations.
- Ensure accurate recording of trading activity in line with group accounting policies and IFRS reporting
- Reviewing data to identify possible errors, and reconciliation to source systems where possible
- Maintain integrity of the financial statements and support analysis of financial performance
- Support consolidation of financial information for group reporting and board submissions
- Provide technical accounting support on specific transactions and new activity
- Support audit processes and respond to audit queries
- Act as a key interface with Shared Service Centres, ensuring quality and timely delivery of core accounting activities
- Reviewing data posted by external systems and other departments for reasonableness and identifying possible errors
- Preparation of management reports, and periodic financial presentations
- Answering stakeholder questions and providing additional ad-hoc analysis
Commercial & Business Partnering
- Work closely with the Finance Manager to support Trading, Operations and Business Development teams across the trade lifecycle, providing financial insight into deal activity, performance, margins and costs.
- Represent Finance on project teams supporting new initiatives or business lines
- Support assessment and implementation of new entities, products or markets from a finance perspective
Process Improvement & Scale
- Contribute to improving, standardising and automating finance processes
- Support development of scalable controls and reporting as the business expands
- Assist with data quality, system enhancements and documentation of finance processes
Knowledge, Skills & Experience
- Strong grounding in accounting fundamentals - balance sheet structure, core accounting principles, and the ability to identify and apply the relevant standards
- Solid understanding of financial processes and controls, and a clear grasp of what financial and management reporting is meant to achieve
- Confident manipulating data in Excel, with advanced formula skills (INDEX/MATCH, XLOOKUP, and similar)
SKILLS KNOWLEDGE & EXPERIENCE
- Qualified accountant (ACA / ACCA); Newly qualified to one year post qualification experience PQE
- Strong financial accounting and reporting experience
- Strong knowledge of IFRS 9 and/or derivative accounting
- High level of accuracy, ownership and attention to detail
- Strong Excel and data-handling skills
- Ability to work effectively in a fast-paced, commercial environment
- Exposure to energy or commodity trading accounting would be preferable
- Experience working with ETRM systems is advantageous
- Comfortable managing multiple priorities at once without losing sight of what matters most
- A natural problem-solver who takes the initiative on both process and technical issues
- Willing to put in the extra time and effort needed to see things through to a successful outcome
- Responsive under pressure - able to turn around urgent requests to tight deadlines
- Strong written and verbal communication, underpinned by thorough, well-documented analysis that translates into clear, concise conclusions
- A collaborative team player
- Self-motivated, with the foresight to spot problems early and head them off before they escape
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Financial Accountant/Analyst employer: INEOS Energy
At INEOS Energy, we pride ourselves on being an excellent employer, offering a dynamic work environment that fosters innovation and collaboration. Our commitment to employee growth is evident through ongoing training opportunities and the chance to work on pioneering projects like 'Project Greensand'. Located in Norwich, our team enjoys a supportive culture that prioritises safety and encourages contributions to both onshore and offshore operations, making it a rewarding place for Control Systems Engineers to thrive.