Finance Manager – Oil Trading

Confidential; Dubai; Vor Ort; AED 450.000 - 750.000; Vollzeit

Zusammenfassung

Confidential in Dubai seeks an experienced Finance & Accounting leader to support our Oil Trading business. You will drive financial control, treasury, and reporting to enable informed decision-making across physical and paper oil trades.

The role oversees statutory reporting, trade finance instruments, MTM and hedging, and cross-border regulatory compliance, while mentoring a team and coordinating audits. You will engage with traders, executives, and regulators, shaping risk management and

Qualifikationen

• 12+ years of experience in finance, with oil/commodity trading exposure.
• In-depth knowledge of physical and financial oil trading structures and trade finance.
• Strong regulatory and cross-border tax/compliance knowledge.
• Experience with letters of credit, hedging/derivatives accounting, and multi-jurisdictional entities.

Aufgaben

• Oversee preparation and presentation of financial statements for trading entities.
• Manage trade finance instruments and liaise with banks and providers.
• Monitor MTM positions, hedging activity, and commodity price risk.
• Manage cash flow, liquidity, and working capital across trading cycles.
• Coordinate audits and ensure regulatory reporting compliance.
• Consolidate accounts across group trading entities.
• Lead and mentor a finance team of professionals.
• Build relationships with traders, executives, auditors, regulators.
• Support ad-hoc projects and new trade structures as needed.
• Adhere to company values: excellence, integrity, relationships, accountability.

Kenntnisse

Advanced Excel

CTRM systems

Analytical skills

Ausbildung

Bachelor's degree in Finance/Accounting

MBA / CMA / CFA / ACA / ACCA / CPA

Tools

Eka

Aspect

ComTrak

Amphora

SAP S/4HANA

Jobbeschreibung

The incumbent will lead the Finance & Accounting function supporting the Oil Trading business, providing accurate trade finance, risk, and management reporting to enable effective decision-making. The role manages financial control, working capital, and treasury activities across physical and paper oil trading operations

Responsibilities

• Oversee preparation and presentation of financial statements for assigned trading entities, ensuring accuracy and compliance with GAAP/IFRS and relevant regulatory requirements.
• Manage trade finance instruments (letters of credit, documentary collections, guarantees) and liaise with banks and trade finance providers to support physical oil trading operations.
• Monitor and report on mark-to-market (MTM) positions, hedging activity, and commodity price risk in coordination with the trading and risk desks.
• Manage cash flow, liquidity, and working capital across trading cycles, including cargo financing, demurrage, and freight settlements.
• Coordinate and manage external and internal audits, ensuring timely completion and resolution of audit findings.
• Stay updated on changes in accounting standards and trade/commodity regulations; ensure compliance with financial and legal reporting obligations (CBCR, ESR, UBO declarations, etc.).
• Contribute to the consolidation of accounts across group trading entities.
• Supervise preparation, filing, and reconciliation of taxes, VAT/WHT, customs duties, and related refunds and claims.
• Review and validate trade settlements, invoicing, and reconciliation of physical cargo and paper (derivatives) positions.
• Lead and mentor a team of finance professionals, providing guidance, coaching, and support to foster growth and development.
• Build and maintain relationships with internal and external stakeholders, including traders, executives, board members, investors, auditors, brokers, and regulatory authorities.
• Support ad-hoc projects, new trade structures, and market entry initiatives as requested by the Line Manager.
• Adhere to company values (excellence, integrity, relationships, accountability).

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• MBA, CMA, CFA, or ACA/ACCA/CPA qualification highly preferred.
• 12+ years' experience in finance, with a significant portion in oil/commodity trading, energy, or a related trading environment.
• In-depth knowledge of physical and financial (paper) oil trading structures, trade finance instruments, and commodity risk management.
• Strong understanding of financial regulations, accounting principles, and tax/customs compliance relevant to cross-border commodity trading.
• Demonstrated experience working with letters of credit, hedging/derivatives accounting, and multi-jurisdictional entity structures.

Skills Required

• Advanced proficiency with Microsoft Excel; working knowledge of CTRM systems (e.g. Eka, Aspect, ComTrak, Amphora) and SAP preferred.
• Hands-on experience with SAP S/4HANA, including FI/CO modules (GL, A/P, A/R, bank accounting), month-end close, and reporting (Fiori apps/embedded analytics); exposure to MM/SD integration for cargo purchase/sales flows is an advantage.
• Excellent analytical skills and the ability to interpret complex financial and trading data, including MTM and P&L attribution.