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Financial Controller - CA - Commodity Trading Business (7-14 yrs)
Our Client is one of the largest commodity trading company with a global reach across 80 countries. They handle every element involved in the sourcing and trading of crude oil, petroleum products, renewable energies, metals, metal ores, coal and concentrates for industrial consumers.
Key Responsibilities:
- Management of Books of Accounts, Annual Statutory Audit and Balance Sheet Finalisation. Reconciliation with Books of Accounts on monthly basis. P&L compilation, P&L Analysis and commentary.
- Preparation of Business Pnl and reconciliation with Books
- Review Fx & Commodity Risk Card, Perform Hedge effectiveness test on forward trades and stock hedges. Ensure that risk is correctly reported and explain any deviations
- Preparation and release the Financial Statements - Profit & Loss & Balance Sheet for India operations on monthly, quarterly and annual basis
- Current state analysis and re-engineering of P&L processes onto strategic tools
- Be able to drive and co-ordinate strategic initiatives from Delivery Centre standpoint and engaging the multiple stakeholders across the Globe
- Be a change agent by maximising efficiencies through process re-engineering
- Standardisation of P&L reporting processes- Ensuring that proper accounting standards have been used
Ideal Candidate :
- Experience in Financial Statements finalisation, Managing Statutory Audits with Big 4 and closure of all regulatory reporting's with RBI/ FEMA within deadlines
- Strong awareness and hands-on knowledge of iGAAP and awareness of USGAAP & IFRS
- Exposure Management and Debtors/ Creditors reporting and reconciliations
- Has done Transition of Product PnL & Accounting processes end to end including Balance sheet substantiation, PnL Explanation, working of direct costs & provisions etc.,
- Experience In managing MIS, business PnL preferably for Non Ferrous commodities. Preparation of Annual Budgets and Monthly variance Analysis
- Knowledge of Indirect tax- Customs, Excise, VAT, CST & Service Tax is preferred
- Awareness of regulatory environment wrt Permanent Establishment, FDI, FEMA and foreign holding and subsidiary structures
- The individual should be experienced in range of stakeholders up to & including senior management and Senior Traders dealing with diverse
- Good analytical & numerical skills
- Ability to communicate effectively in English (oral & written)
- Possess strong interpersonal skills
- The individual must have a proven track record of the ability to work to meet deadlines in an accurate manner - this is a fundamental requirement
- Well organised & can multi task
- Experience in managing teams preferably of 2/3 or more
- Experience of working in complex businesses
- Sound Knowledge in Hedging & derivatives
This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.
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