The Financial Analyst plays a fundamental role in the day to day financial operations of Petroineos' trading business. The role requires the provision of ad-hoc support across other accounting and reporting activities as necessary. Fluency in Mandarin is a key requirement for this role. This is a 12-month FTC position.
Key Responsibilities
Work closely with settlements and financial control teams to ensure accurate and timely posting of entrepreneur trading (ET) journals in SAP and to reconcile MI/MA differences.
Prepare balance sheet reconciliations and ageing analysis for ET business and work closely with refinery sites to reconcile I/C balances at the month-end.
Manage various activities associated with cash management process such as bank statement uploading, reconciliations, treasury end of day process and similar.
Prepare financial reports and analysis needed for monthly/quarterly and annual closing. (including local management report, and HQ analysis)
Support the internal and external audit by responding to queries in a timely manner.
Prepare the monthly gross margin result and monthly broker exchange reconciliations.
Perform other analysis, ad hoc projects and duties as needed.
Skills, Knowledge and Expertise
Degree in Accounting and Finance or equivalent
Partial or fully qualified ACCA/CIMA or equivalent
Professional background in Finance, Accounts or equivalent
Demonstrable working experience of financial reporting and analysis, preferably within the energy or commodity trading industry
Knowledge of IFRS and FRS 101
High level of proficiency in Excel
Experience of SAP
Good interpersonal and communication skills
Energetic, enthusiastic, positive, and proactive
Fluency in English and Mandarin is essential (written and spoken)
Benefits
The role offers a competitive salary commensurate with experience, as well as the opportunity to be awarded discretionary bonuses based on performance and a comprehensive benefits package including private medical insurance, travel insurance and dental insurance, gym reimbursement scheme, 10% contributory pension scheme, and 25 day yearly holiday allowance.
About Petroineos Trading Limited
Petroineos Trading Limited comprises trading and refining joint ventures between PetroChina International (London) Company Limited and INEOS. Established in 2011, Petroineos is one of Europe's leading International Integrated Energy Trading Companies.
Our highly experienced teams trade a comprehensive range of energy products, supported by a network of professional teams across the globe, enabling our customers to benefit from our ability to leverage our shareholders' global network. Trading is carried out by three divisions: Crude, Refined Products, and Low Carbon Solutions.
To discover more about the company, click here.
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