Analyst - Accounting

Trafigura; Mumbai City; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Trafigura in Mumbai seeks a senior accounting professional to manage the accounting, reporting, and control for trading entities. The role focuses on monthly closing, policy consistency, and entity maintenance.

You will engage in balance sheet accuracy, revenue/stock checks, intercompany processes, and internal control enhancements while coordinating with tax, consolidation, and regional teams.

Qualifications

• Qualified accountant with strong knowledge of financial reporting.
• Experience in monthly close for trading entities and balance sheet reviews.
• Ability to implement internal controls and drive process improvements.

Responsibilities

• Own end-to-end balance sheet review for trading entities.
• Drive the monthly close including revenue recognition, stock valuation, and intercompany items.
• Coordinate with auditors and prepare disclosure schedules and audit evidence.
• Support change management and policy updates for new reporting requirements.

Skills

Accounting

Financial reporting

Month-end close

Education

CA/CPA qualification

Tools

SAP ERP

Excel

Job description

Job Description:

Main purpose

This role is responsible for accounting, reporting and control of the Trading legal entities with primary responsibilities of monthly closing of the books, entity-specific accounting policy, legal entity maintenance, account reconciliation & account structure management. The role will require an in-depth understanding of these entities

including their business strategies, associated technical accounting and disclosure requirements.

Key responsibilities

Balance Sheet Review & Control

• Provide and support input into the end-to-end control and ownership of legal entity balance sheets for the division supported
• Drive the monthly financial close which entails analytic review and sign off of the balance sheet, profit and loss accounts for the trading division
• Perform the month end close process including but not limited to revenue recognition checks, stock verification and valuation, debtors & accruals, intercompany and related party balance confirmation
• Ensure strong control framework by implementing and maintaining effective internal controls
• Address ad hoc requests from various stakeholders and counterpart parties such as tax, consolidation, and regional
• accounting teams
• Coordinate with multiple teams on matters relating to intercompany settlement, transfer pricing, legal, compliance
• Analyse impact of various journals and processes on trial balance

MIS reporting

• Inter-c, Portfolio and Brooker recommendation
• Debtor/Creditor reconciliation
• Debtor/Creditor reporting
• VAT reconciliation and reporting
• Inter/Intrac- on invoicing and reallocation of costs/income
• Daily suspense balance clearing and reporting

Audit

• Liaise with external auditors during the group & statutory audits
• Coordinate with various functions to provide audit-able support & evidence to external auditors
• Prepare disclosure schedules and audit documentation

Change Management

• Drive change projects to support any accounting policy changes or new reporting requirements for the legal entities in scope
• Challenge the current process for improvement and constantly review process for efficiencies
• Strength wide variety of projects in the transformation of the trading and GL statements from the design, funding

Attributes for success

• Ability to handle ambiguity with ease
• Proven attention to detail and the ability to effectively multi-task a must
• Strong interpersonal skills
• Determined and able to take end-to-end ownership
• Keen to question and challenge the existing process with a view of creating reporting efficiencies and
• improvements.

Department overview

Financial Control & Reporting Teams are based in various locations depending on the entities under scope. FC&A - ROW team is based out of Mumbai managing review and reporting for entities in Singapore & Europe primarily. Team closely works with Trading Controllers based out of Geneva. major responsibility of team include Management Reporting, Controlling, Audit management and statutory reporting.

Requirements: