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- Tasks: Manage accounting activities, including month-end close and financial reporting.
- Company: International energy trading organisation based in London with a global presence.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Collaborative culture that values innovation and encourages new ideas.
- Why this job: Join a forward-thinking company and contribute to the evolution of the energy market.
- Qualifications: Qualified accountant with significant experience and fluency in Mandarin and English.
The predicted salary is between 60000 - 80000 £ per year.
Our client is an international energy trading and marketing organisation based in London. The business focuses on crude oil marketing, integrating regional production with global customer demand, and expanding its presence across European and international markets. In addition to core trading activities, the company engages in a range of related operations including shipping, chartering, storage, and financial derivatives trading. There is also a growing emphasis on refining system supply and the export of refined products. The London office forms part of a broader global network, enabling continuous operational coverage across key time zones including Asia, Europe, and the Americas. The organisation values innovation and encourages new ideas and initiatives. It seeks motivated individuals who are interested in contributing to the growth and evolution of the business.
RESPONSIBILITIES
- Responsible for managing and ensuring all accounting activities are undertaken in a timely and accurate manner, including: month-end close, budgeting and forecasting, internal financial reporting, profit & loss and balance sheet reconciliations, audit coordination, and tax compliance.
- Participating in the month-end closing process and reconciliations, liaising with head office finance teams to ensure data accuracy and compliance.
- Applying appropriate accounting treatment for revenue and cost recognition based on cargo risk and title transfer points.
- Processing, verifying, and reconciling system journal entries, and posting cargo-related settlement cash flows.
- Performing intercompany transaction reconciliation and confirmations (purchases, sales, receivables, payables, cash flows) in line with reporting schedules.
- Completing reporting packs via internal reporting platforms (monthly/quarterly/annual) and submitting required financial data per head office timelines.
- Conducting budget projections, variance analysis, and monthly trading performance reviews.
- Supporting internal and external audit processes, including responding to queries and providing documentation.
- Facilitating efficient monthly closing, bank reconciliations, and journal documentation.
- Performing other tasks as required.
EDUCATION / QUALIFICATIONS
- Qualified accountant (ACA, ACCA, CIMA or equivalent) with significant accounting experience.
- Fluent in Mandarin and English.
SKILLS & COMPETENCIES
- Familiarity with international accounting standards and tax frameworks.
- Strong knowledge of accounting procedures, including month-end reporting and forecasting.
- Numerate and IT proficient (SAP experience desirable).
- Strong analytical skills with attention to detail and accuracy.
- Ability to work under pressure and meet tight deadlines.
- Strong interpersonal and cross-cultural communication skills.
- Ability to work independently and as part of a small team.
- Effective communication with internal teams and head office.
- Fluency in written and spoken Mandarin required for communication with overseas teams.
EXPERIENCE
- At least 3 years of relevant industry experience preferred.
- Experience with IFRS and UK statutory accounting and reporting requirements.
- Strong budgeting and forecasting experience.
Trading Accountant in City of London employer: Richard James Recruitment Specialists Ltd
Contact Detail:
Richard James Recruitment Specialists Ltd 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, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your skills. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your answers to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your responses and highlight your achievements effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
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 relevant experience in accounting, especially any work with month-end close and financial reporting. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the energy trading sector and how your background makes you a great fit. Don’t forget to mention your fluency in Mandarin if applicable – it’s a big plus for us!
Showcase Your Skills: In your application, be sure to showcase your analytical skills and attention to detail. Mention any specific software you’ve used, like SAP, and how you've successfully managed tight deadlines in previous roles. We love seeing concrete examples!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing candidates who take that extra step!
How to prepare for a job interview at Richard James Recruitment Specialists Ltd
✨Know Your Numbers
As a Trading Accountant, you'll need to be on top of your game with numbers. Brush up on key accounting principles, especially those related to month-end close and reconciliations. Be ready to discuss your experience with budgeting and forecasting, as well as any specific tools you've used, like SAP.
✨Showcase Your Language Skills
Fluency in Mandarin is a must for this role, so don’t shy away from demonstrating your language skills during the interview. Prepare to discuss how you’ve used your bilingual abilities in previous roles, especially in cross-cultural communication or liaising with international teams.
✨Prepare for Scenario Questions
Expect scenario-based questions that test your analytical skills and ability to work under pressure. Think of examples from your past experience where you successfully managed tight deadlines or resolved discrepancies in financial reporting. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Emphasise Innovation and Initiative
This organisation values innovation, so come prepared with ideas on how you can contribute to their growth. Think about processes you've improved in previous roles or new initiatives you've implemented. Showing that you're proactive and forward-thinking will set you apart from other candidates.