Finance Manager - (Commodity Trading)

Unimetals; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading trading group specialized in metals is seeking a Trade Accountant. This pivotal role focuses on developing MTM accounting processes that ensure financial accuracy and support trading operations. Candidates should have extensive experience in commodity markets and relevant qualifications. The position offers a competitive salary, a hybrid working model, and the opportunity to influence financial processes within a dynamic and evolving business environment.

Benefits

Competitive salary and discretionary bonus

Hybrid working model

Company pension and benefits package

Opportunity to shape financial processes

Collaborative culture

Qualifications

• Minimum 5 years' experience in commodity trading applying MTM accounting under IFRS.
• Strong technical knowledge of valuation of derivatives and physical commodity contracts.
• Experience in implementing or improving MTM accounting processes.

Responsibilities

• Lead implementation and management of MTM accounting processes.
• Ensure compliance with accounting frameworks (IFRS2, IFRS 9).
• Drive monthly P&L reporting linked to MTM changes.

Skills

Fair value accounting

MTM accounting

Financial reporting

Interpersonal skills

Communication skills

Education

Qualified accountant (ACA, ACCA, CIMA or equivalent)

Tools

Excel

Trading and risk systems (Openlink, Endur, Allegro)

Job description

Unimetals is a growing international trading and logistics group, specialising in the sourcing and distribution of base and specialty metals. We operate in fast-moving global markets where accurate, timely, and transparent financial reporting is essential to supporting commercial decision-making and managing risk effectively.

We believe progress is driven by our people.

If you re set on making real change for tomorrow, we have the scale, resources and ambition to make it happen now. To achieve it, we re bringing together people with unique stories, perspectives, backgrounds and talent and we need yours too!

We are looking for a Trade Accountant / Finance with proven experience in mark-to-market (MTM) accounting to join our finance team. This is a newly created, hands-on role focused on developing and embedding robust, scalable MTM accounting processes that accurately reflect trading performance and risk exposure.

This role is essential to enhancing the integrity and responsiveness of our financial reporting framework as we scale our trading operations across global metals markets.

Key Responsibilities

• Lead the implementation and ongoing management of mark-to-market accounting processes across our commodity trading activities.
• Work closely with the trading, risk, and operations teams to ensure accurate daily and monthly MTM valuations of open positions.
• Design and enforce controls and reconciliation procedures between front-office trading systems and finance (ERP).
• Ensure compliance with IFRS2, IFRS 9, IFRS 32, fair value measurement standards, and other relevant accounting frameworks.
• Drive monthly P&L reporting linked to MTM changes, including realised/unrealised gains and losses, hedge effectiveness, and valuation reserves.
• Monitor the monthly reconciliation on the MTM movements both in the P&L and in the Balance Sheet
• Collaborate with IT and system vendors to improve automation of MTM calculations and reporting outputs.
• Train finance and operational staff on MTM concepts, processes, and controls.
• Support audit processes and liaise with external auditors regarding valuation methodologies and policies.
• Contribute to broader finance initiatives, including process optimisation, reporting enhancements, and systems development.

Key Requirements

• Qualified accountant (ACA, ACCA, CIMA) or equivalent.
• Minimum 5 years' experience in a commodity trading or natural resources business applying mark-to-market accounting under IFRS.
• Strong technical knowledge of fair value accounting, including valuation of derivatives and physical commodity contracts.
• Demonstrated experience in implementing or improving MTM accounting processes, controls, and systems.
• High proficiency in Excel; experience working with trading and risk systems (e.g. Openlink, Endur, Allegro, or in-house platforms).
• Comfortable working in a fast-paced, trading-driven environment with evolving priorities.
• Strong interpersonal and communication skills with the ability to partner across functions.

What We Offer

• Competitive salary and discretionary bonus
• Hybrid working model (office presence expected 4 days/week)
• Company pension and benefits package
• Opportunity to shape core financial processes in a high-growth, global business
• Collaborative culture with exposure to commercial and operational teams