Analyst | Accounting Operations

Main Purpose:This role is responsible for the accounting and reporting of trading legal entities with primary responsibilities of monthly closing of the books, account reconciliation & account structure management. The role will require an in-depth understanding of these entities including their business strategies, associated technical accounting and disclosure requirements. With a total asset base of USD48.6 billion, strong balance sheet controls become critical to achieve the overall business goals and maximize financial performance.Knowledge Skills and Abilities, Key Responsibilities:
• Graduate/post-graduation accounting qualification
• 2-4 Years of relevant experience
• Strong communication skills
• Self-driven and able to take end-to-end ownership
• Keen to question and challenge the existing processes with a view of creating reporting efficiencies and improvements.
• Can work with multiple data sets, various systems and Excel
• Eager to take up fresh challenges and support the team wherever required
• Comfortable to work with non-accounting teams for regular activities and projects

Key Responsibilities

Balance Sheet Review & Control
• Perform the month end close process including but not limited to stock verification and valuation, reconciliation with source systems for balance sheet areas (such as loans, debtors, creditors etc), P&L reconciliation, intercompany & related party balance reconciliations and confirmation.
• Ensure strong control framework by implementing and maintaining effective internal controls
• Address ad hoc requests from various stakeholders and counterparts like tax, consolidation and regional accounting teams
• Coordinate with multiple teams on matters relating to intercompany settlements, transfer pricing, legal, compliance
• Analyse impact of various journals and processes on trial balance.

MIS reporting
• Inter-co, Portfolio and Broker reconciliation
• Debtor/Creditor reconciliation
• Debtor/Creditor reporting (age-wise)
• VAT reconciliation and reporting
• Inter/Intra-co invoicing and reallocation of costs/income
• Daily suspense balance clearing and reporting

Audit
• Liaise with external auditors during the group & statutory audits
• Coordinate with various functions to provide auditable support & evidence to external auditors
• Prepare disclosure schedules and audit documentation

Change Management
• Drive change projects to support any accounting policy changes or new reporting requirements for the legal entities in scope
• Challenge the current processes for improvement and constantly review processes for efficiencies
• Steer a wide variety of projects in the transformation of the trading and GL systems from the design, functional requirements and testing to supporting implementation
Key Relationships and Department Overview:

· Business Controllers

· Deals Desk (Product Control team)

· Operations /Chartering (logistics)

· Trade Finance

· External Audit teams

Department:

Refined Metals Management Accounting

Entity:

Trafigura Global Services (TGS) is the fully owned subsidiary of Trafigura, a Global In-House Delivery Center, set-up for aggregating Middle and Back office functions critical to support our trading life cycle.

The entity has 600+ employees, adopts best in class technology and practices enabling operations across Europe, Africa , Middle East and Asia-Pacific