Accountant, SG (1-Year Contract)

JERA Global Markets; Singapore; On-site; USD 60,000 - 100,000; Full time

Job summary

Join a dynamic and innovative energy trading firm as a key player in the Finance department. This role offers the chance to ensure accurate financial reporting and compliance while collaborating across departments. With a focus on continuous improvement and excellence, you will maintain financial records, support audits, and implement IT initiatives. If you thrive in a fast-paced environment and possess strong analytical skills, this is an exciting opportunity to develop your career in the commodity trading sector.

Qualifications

• 5 years of relevant experience, including 2 years in commodity trading.
• Strong technical understanding of mark-to-market accounting.

Responsibilities

• Maintain financial books in accordance with reporting standards.
• Perform monthly closing and consolidation processes.
• Prepare financial reporting packages and annual statements.

Skills

Accounting

Financial Reporting

Analytical Skills

Microsoft Excel

Mark-to-Market Accounting

Education

Bachelor's Degree in Accounting

ACCA or CA Qualification

Tools

Sun/Horizon System

Job description

COMPANY DESCRIPTION

About the Company

JERA Global Markets (JERAGM) is a leading utility-backed seaborne energy trader. A joint venture between majority shareholder JERA Co., Inc. and EDF Trading Ltd, JERAGM’s shareholders are among the world’s major utilities.

JERAGM operates one of the most exciting energy portfolios in the world which gives it an in-depth understanding of the way local, regional and international energy markets behave. Its indepth knowledge and market insights enable us to capture trading opportunities, optimise portfolios, create value and enhance security of supply for our customers.

Headquartered in Singapore, JERAGM has a global talent pool of more than 400 people across offices located in four strategic locations: Singapore, Japan (Tokyo), the UK (London) and the US (Houston).

JERAGM is strongly capitalised with over US$500 million in paid up capital and a total equity of US$4 billion. JERAGM has an AA- Stable rating from R&I, attributable to a robust business model and solid financial base.

RESPONSIBILITIES

Department

The Finance department is responsible for all key accounting, reporting and tax matters affecting the company and for the design, implementation, maintenance and operation of financial processes and internal controls.

The Finance department is accountable for the management and oversight of the following functions:

• Accounting
• Consolidation reporting
• Financial control
• Financial planning & analysis
• Settlements
• Tax

Key roles and responsibilities

Mainly responsible for ensuring proper accounting and financial reporting, including effective operations of the general ledger and financial closing for the Singapore, London, and US operations:

• Maintain the financial books and records in accordance with financial reporting standards and statutory requirement, including assessing the impact of changes in accounting standards and ensuring appropriate accounting treatment of the Group’s business activities.
• Perform and monthly closing and consolidation process to ensure accurate and timely group and statutory reporting
• Perform reconciliation of accounting to trading systems to ensure the accuracy of accounting ledger
• Prepare accounting schedules and conduct monthly analytical review of fluctuation in financial positions and performance
• Prepare the monthly/quarterly financial reporting packages, and annual financial statements in accordance with the financial reporting standards
• Support audit and review process by external auditors and the internal control/audit team
• Support in the implementation of IT initiatives/projects and Finance BI functionality.
• Support Senior Accounting Manager/Finance Manager on ad-hoc duties as assigned
• Collaborate with other departments to achieve the overall JERAGM’s goals and objectives
• Working outside of normal business hours will be required at times, such as month-end closing
• Be knowledgeable of and ensure compliance with trading and accounting standards and other compliance requirements

QUALIFICATIONS

Key Qualifications, Experience and Requirements

• Possess a bachelor’s degree in accounting or equivalent professional qualification (e.g. ACCA, CA or its equivalents)
• 5 years of relevant working experience with at least 2 years in a commodity trading company and/or in Big 4 accounting firm with a focus on the audit of commodity trading firm is desired
• Strong technical understanding of mark-to-market accounting in the commodity trading business is preferred.
• Sun/Horizon system experience is an advantage.
• System savvy and proficient in Microsoft Excel

Person Specifications

• Positive, conscientious, hands-on, and self-driven. Enjoy working in a dynamic environment.
• Able to work independently with minimal supervision.
• Strong logical thinking and analytical skills with attention to details and accuracy
• Collaborative team player and thrives on excellence and continuous improvement
• Able to manage multiple priorities and work effectively under time pressure
• Strong interpersonal and communication skills (both verbal and written) and able to work effectively with various stakeholders within the organization

Role Opportunity

This role offers an excellent opportunity to further develop skills and responsibility within a growing and successful commodity trading business.