LOCATION: Kiev
COMPANY BACKGROUND
Established in 1783, the company is an employee-owned agricultural commodities merchant with 7,000 people in 60 countries and annual revenue in excess of $10bn.
The company is one of the world’s leading traders of agricultural commodities.
This is an exciting opportunity to take on a challenging role which offers a broad spectrum of responsibilities, scope, and commercial activity. A primary objective is the provision of high quality value added financial analysis and insight to support the trading management team.
The role requires a high level of interaction with the trading business units, its related operations, and other departments within the Group. This is a significant «hands on» role requiring flexibility to handle detailed transactional work as well as higher level analysis and review.
We need an individual with a proactive approach to transactional activities, financial reporting and control, continuous improvement and business performance initiatives.
RESPONSIBILITIES
- Produce fair value trading P&L including valuations of trading contracts. Explain main P&L drivers.
- Review correctness of new trades entered in the trading system. Check relevance, completeness and accuracy of budgeted trading costs into the accounting system.
- Ensure that trades are correctly and timely processed in the trading/accounting system by operations
- Oversee daily treasury operations and cash flow planning. Review FX hedging and reporting.
- Maintain operational discipline. Make sure policies and internal controls procedures are being followed.
- Management reporting including detailed analysis of gross profit margin and variance analysis on budgeted fair value P&L vs. realized trading profit.
- Prepare key accounts breakdowns, analysis and reconciliations (revenue, debtors, creditors, FX gain/loss, stock, incomplete contracts, etc).
- Support tax planning and administer VAT refunds.
- Prepare tax reconciliations and calculate deferred tax.
- Reconcile management and statutory accounting trial balances (BS and P&L), explain differences.
- Review key aspects of new contracts. Process background checks on new counterparties.
- Set-up, maintain and update counterparty risk limits (Payment, Market Default, Pre-Finance etc.), report on risk exposure.
REQUIREMENTS
- 5−7 years of post-graduate experience relevant to the requirements of this role is essential.
- Big4 background (2−3 years) required.
- Experience within soft commodities and international environment is an advantage.
- Practical experience in management accounting and reporting.
- Professional qualification (CIMA/ACCA/ACA or equivalent) — completed or at final stages.
- University degree in Finance or Accounting.
- Advanced MS Excel skills, experience in ERP/accounting software, strong general IT skills.
- Fluent in English.
PERSON SPECIFICATION
- Enthusiastic, motivated, ambitious and pro-active person.
- Able to adapt to fast paced trading environment.
- Good time management skills.
- Strong interpersonal and communication skills.
- Business acumen.
- Critical thinking, solid problem solving and decision making skills.
- High level of analytical and computational skills.
The company is pleased to offer the decent compensation and great opportunities for further professional growth and development