Assistant Controller

A key Optimus Candidate is looking for an Assistant Controller who will be responsible for managing the accounting department and all aspects of Financial Accounting Reporting of a Refined Products Trading company. This is a great opportunity for a dynamic candidate to take the initiative, lead the accounting and financial reporting team and create efficiencies. The ideal candidate has experience in full cycle accounting, financial reporting, and derivative accounting experience in a commodity trading company.
Responsibilities:

• Lead the full cycle of month end accounting close which includes hands on reconciling of the trading results with the accounting records, inventory, G&A, Treasury, monthly tax, TVM calculations which are allocated to the commercial business trading books, and reporting of the results to management, auditors, tax department etc.
• Review, analyze and interpret daily exposure and Market to Market ("MTM") P&L to ensure completeness, accuracy, and consistency with expectations.
• Prepare and update hedge documentation including strategies, objectives, business purpose, and method of implementation, effectiveness tests, and back-testing results to ensure compliance with accounting rules for derivatives and hedge accounting.
• Interact with all levels of the company including traders, operations, middle office, credit, compliance dept. etc. to ensure a full understanding of the physical business, to be able to raise questions and follow up and address issues as required.
• Work with internal and external auditors, prepare necessary work papers for analytics and necessary other requests as well as being able to explain variances and/or balances.
• Assist with SOX controls for the financial department and reporting.

Experience Requirements:

• Bachelor's degree in accounting required.
• Minimum 8 years in energy trading accounting or related area required.
• Experience with MTM Accounting required.
• Experience in full cycle accounting close, including tax, treasury, A/R, A/P, inventory, and Govt. Reporting in both US GAAP and IFRS.
• Familiarity with ETRM systems, Right Angle preferred.
• Detail oriented, able to multitask, take ownership and initiative.
• Able to work with all levels of the company including management, traders, operators, middle office. Adaptable, diplomatic and is a team player. Excellent communication skills.
• Ability to grow with the dynamics of the business.

Per our client's specifications, candidates are required to be US Citizens, Green Card holders, or independently authorized to work in the US. We are unable to provide H1 visa sponsorship at this time.
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Tagged: Commercial Finance Accounting