Commodities Accountant

Full Description

Commodities experienced Management & Financial Accountant

Hybrid working – 3 days Middlesex / 2 days home/remote

£65,000 p.a. to £85,000 p.a. + Performance Bonus (depending experience)

A well-established global Energy company are rapidly growing their UK Commodity Trading team and are now looking to appoint a Commodity industry experienced Management & Financial Accountant due to their planned expansion programme.

• You will work closely with Operations team to track trading transactions captured in the ENTRADE system, raising SAP journals after verification
• Ensure transactions and accounting treatment are in compliance with Company policies and accounting principles
• Verify and reporting on related-party transactions/balances and liaise with sister companies and HQ finance team for correct breakdown details and inter-company balances
• Reconcile of the hedging position booked in SAP against statement issued by the clearing bank prior to the month-end
• Month-end and year-end financial statement closure process in a timely manner
• Complete monthly reporting set in timely manner
• Report the financial results on a monthly, quarterly and annual basis
• Prepare and collation of documents for internal reviews, group audit and statutory audit, and prepare statutory financial statements
• Lead the tax audit; assist in the preparation of file tax returns and be responsible for corporation tax instalment computation and payment
• Reconcile VAT invoices with SAP data and preparation of the VAT return filing on a quarterly basis
• Support the preparation of the Company’s annual budget, providing variance analysis
• Production of costings statements and analysis
• Completion of UK national statistics and assist with other tax and regulatory compliance if required
• Maintaining digital/physical financial and accounting records
• Preparation of payment instructions and draft remittance forms if required

 Project related tasks as directed by the Finance Manager / CFO