Accounting Manager

Job Purpose

Financial Management & Reporting

• Lead monthly, quarterly, and annual financial close processes.
• Prepare and review IFRS-compliant financial statements and management reports.
• Manage budgeting, forecasting, cash flow planning, and financial performance analysis.
• Oversee consolidations, reconciliations, and statutory reporting requirements.
• Ensure compliance with IFRS standards, including IFRS 9.
• Coordinate external audits and liaise with auditors, banks, and regulatory authorities.

Commodity Trading & Commercial Finance

• Review and validate commodity trading transactions throughout the trade lifecycle.
• Monitor and analyze trade-level and desk-level profitability.
• Oversee mark-to-market valuation processes and hedge accounting activities.
• Review trade settlements, accruals, inventory valuations, landed costs, and trade-related expenses.
• Partner with commercial and trading teams on pricing, margin analysis, and profitability reporting.
• Evaluate commercial contracts and provide financial impact assessments.

CTRM / ETRM Systems Management

• Ensure integrity and reconciliation between CTRM/ETRM platforms and ERP systems.
• Lead finance-related system enhancements, integrations, and automation initiatives.
• Support implementation and optimization of trading and finance platforms.
• Develop and maintain robust controls around trade capture, valuation, settlement, and reporting processes.

Controls, Governance & Compliance

• Establish and strengthen internal controls and governance frameworks.
• Ensure adherence to accounting policies and regulatory requirements.
• Lead financial risk assessments and mitigation initiatives.
• Drive continuous improvement across finance operations and reporting processes.

Leadership & Stakeholder Management

• Lead, mentor, and develop finance and accounting teams.
• Partner with senior management to support strategic decision-making.
• Collaborate closely with trading, treasury, operations, supply chain, and commercial teams.
• Present financial and commercial performance updates to executive leadership.

Required Qualifications

• Bachelor's Degree in Accounting, Finance, or a related discipline.
• CPA, CA, ACCA, CMA, or equivalent professional qualification.
• MBA Finance or other advanced finance qualification preferred.
• Strong knowledge of IFRS and IFRS 9.
• Advanced expertise in financial reporting, trade accounting, treasury, and commercial finance.

Required Experience

• Minimum 10+ years of progressive experience in finance, accounting, audit, or commercial finance.
• Mandatory experience within crude oil trading, petroleum trading, oil refineries, fuel trading, bunkering, petrochemicals, or commodity trading organizations.
• Proven experience supporting finance functions within commodity trading environments.
• Prior experience working with traders and commercial teams on pricing, profitability, and trade performance analysis.
• Strong understanding of trade settlements, inventory accounting, landed costs, accruals, MTM valuation, and hedge accounting.
• Experience with CTRM/ETRM platforms and ERP systems such as SAP, Oracle, Dynamics 365, or similar.
• Previous experience with a Big 4 firm (KPMG, EY, PwC, or Deloitte) is highly preferred.

Mandatory Industry Background

• Candidates must possess direct industry experience in crude oil trading, petroleum trading, oil refineries, fuel trading, petroleum products distribution, bunkering operations, petrochemicals, or commodity trading houses.
• Candidates from construction, manufacturing, retail, FMCG, telecom, banking, hospitality, or other non-trading industries will not be considered unless they have direct commodity trading or petroleum finance experience.

Technical Competencies

• Commodity Trade Accounting
• Trade Lifecycle Accounting
• Mark-to-Market (MTM) Valuation
• IFRS & IFRS 9
• CTRM / ETRM Platforms
• Treasury & Trade Finance
• Inventory & Cost Accounting
• Financial Planning & Analysis (FP&A)
• Budgeting & Forecasting
• Risk Management & Internal Controls
• SAP, Oracle, Dynamics 365, Hyperion, or similar ERP platforms
• Commercial Finance & Profitability Analysis