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- Tasks: Manage accounting activities like month-end close, budgeting, and financial reporting.
- Company: Join a leading international energy trading organisation based in London.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Work in a collaborative team and gain exposure to international markets.
- Why this job: Be part of a global network and contribute to innovative energy solutions.
- Qualifications: Qualified accountant with fluency in Mandarin and strong analytical skills.
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 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
✨Tip Number 1
Network like a pro! Reach out to professionals in the energy trading sector on LinkedIn or at industry events. We can’t stress enough how valuable personal connections can be in landing that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its operations. Understand their focus on crude oil marketing and financial derivatives trading. We want you to impress them with your knowledge and enthusiasm!
✨Tip Number 3
Showcase your skills! Bring examples of your past work, especially around month-end closing and budgeting. We believe that demonstrating your experience can set you apart from other candidates.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. We’re always on the lookout for motivated individuals who can contribute to our growth and innovation.
We think you need these skills to ace Trading Accountant
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 for our team. Don’t forget to mention your fluency in Mandarin – 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 experience you have with international accounting standards or SAP, as these are key for the role. We love seeing candidates who can demonstrate their technical prowess!
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 submit all your documents in one go. Plus, it helps us keep track of your application better!
How to prepare for a job interview at Richard James Recruitment Specialists Ltd
✨Know Your Numbers
As a Trading Accountant, you'll be dealing with a lot of financial data. Brush up on your accounting principles, especially around month-end close and reconciliations. Be ready to discuss specific examples from your past experience where you successfully managed these processes.
✨Showcase Your Analytical Skills
This role requires strong analytical skills, so prepare to demonstrate how you've used these in previous positions. Think of instances where you conducted variance analysis or budget projections, and be ready to explain your thought process and the outcomes.
✨Cultural Fit Matters
The organisation values innovation and teamwork, so highlight your ability to work independently as well as part of a team. Share examples of how you've contributed to team success or brought new ideas to the table in past roles.
✨Language Proficiency is Key
Fluency in Mandarin is essential for this position. Be prepared to showcase your language skills during the interview. You might even want to practice discussing accounting concepts in Mandarin to demonstrate your comfort level with the language.