Trading Controller

TotalEnergies; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

TotalEnergies in Singapore seeks a senior Financial Planning & Analysis professional to lead budgeting, forecasting and long-term planning across Global Finance, LBUs and Shared Services. You will drive insightful analysis of margins, expenses and headcount, and own cost allocation methodologies to align with business needs.

Key duties include developing robust forecasts, scenario analyses, and frequent management reporting.

Responsibilities

• Lead, coordinate and deliver the annual budgeting, forecasting and long-term planning exercises in collaboration with Global Finance teams, LBUs and Shared Services
• Analyse monthly trading performance, gross margins, operating expenses, headcount movements and budget utilization, providing meaningful insights into key variances
• Own and continuously enhance cost allocation methodologies and allocation ratios, ensuring they remain appropriate, transparent and aligned with business requirements
• Develop and validate key assumptions for budgets, forecasts and business plans to support financial planning and decision-making
• Develop robust financial forecasts and scenario analysis to support business decisions and strategic initiatives
• Serve as a key finance contact for management reporting, financial analysis and ad hoc business support, providing timely and reliable financial information to stakeholders
• Deliver clear and meaningful management reports, highlighting financial performance and provide insights on overheads costs trends and variances
• Partner with internal parties such as Traders, Operations, Middle Office, Management, LBUs, Shared Services & Global Finance teams for financial control, management reporting and Group reporting requirements
• Manage and review ad hoc statistics, data and financial information requested by internal stakeholders, counterparties or external parties, where applicable
• Coordinate Service Level Agreements in accordance with TotalEnergies Group guidelines, local tax requirements and regulatory obligations
• Ensure timely, accurate, and complete financial reporting in compliance with Group reporting policies and IFRS requirements
• Ensure proper quarterly accounting and reporting of leases, off-balance sheet commitments, netting presentation of sales and purchase of energy products (derivative trading contracts), storage commitments, and other regulated disclosures.
• Ensure storage agreements and related commitments are reviewed on a timely basis and reported correctly in accordance to Group and T&S policies
• Support SOX compliance activities, including control monitoring, documentation and testing.
• Support internal and external audits by providing necessary documents and explanations to auditors
• Coordinate the annual review of ELC for T&S entities
• Own and oversee the preparation of annual transfer pricing documentation, ensuring compliance with regulatory requirements and alignment with Group Transfer Pricing Document
• Ensure timely and accurate submission of regulatory surveys and statutory reporting requirements.
• Serve as Finance liaison for the annual reporting requirements and renewal process relating to GTP (Global Trader Program) and MPA-AIS scheme
• Own and lead regulatory audits and information requests and other compliance matters involving government agencies.
• Support Treasury payments validation and FX hedges
• Monitor FX rates regularly and recommend appropriate monthly or quarterly hedging requirements for SGD denominated corporate tax payments
• Lead or participate in ad hoc assignments and strategic projects as requested by Management.
• Develop and maintain advanced dashboards and management reporting solutions using Power BI and other analytical tools to enhance reporting efficiency
• Drive the adoption of data analytics, business intelligence and automation solutions to improve efficiency, reporting quality and strengthen financial insights.

Job description

Financial Planning & Analysis

• - Lead, coordinate and deliver the annual budgeting, forecasting and long-term planning exercises in collaboration with Global Finance teams, LBUs and Shared Services
• - Analyse monthly trading performance, gross margins, operating expenses, headcount movements and budget utilization, providing meaningful insights into key variances
• - Own and continuously enhance cost allocation methodologies and allocation ratios, ensuring they remain appropriate, transparent and aligned with business requirements
• - Develop and validate key assumptions for budgets, forecasts and business plans to support financial planning and decision-making
• - Develop robust financial forecasts and scenario analysis to support business decisions and strategic initiatives.
• - Serve as a key finance contact for management reporting. financial analysis and ad hoc business support, providing timely and reliable financial information to stakeholders

Business Partnering & Performance Management

• - Deliver clear and meaningful management reports, highlighting financial performance and provide insights on overheads costs trends and variances
• - Partner with internal parties such as Traders, Operations, Middle Office, Management, LBUs, Shared Services & Global Finance teams for financial control, management reporting and Group reporting requirements
• - Manage and review ad hoc statistics, data and financial information requested by internal stakeholders, counterparties or external parties, where applicable
• - Coordinate Service Level Agreements in accordance with TotalEnergies Group guidelines, local tax requirements and regulatory obligations.

Financial Control & Governance

• - Ensure timely, accurate, and complete financial reporting in compliance with Group reporting policies and IFRS requirements
• - Ensure proper quarterly accounting and reporting of leases, off-balance sheet commitments, netting presentation of sales and purchase of energy products (derivative trading contracts), storage commitments, and other regulated disclosures.
• - Ensure storage agreements and related commitments are reviewed on a timely basis and reported correctly in accordance to Group and T&S policies

Internal Controls, Compliance & Audit

• - Support SOX compliance activities, including control monitoring, documentation and testing.
• - Support internal and external audits by providing necessary documents and explanations to auditors
• - Coordinate the annual review of ELC for T&S entities

Tax, Transfer Pricing & Regulatory Reporting

• - Own and oversee the preparation of annual transfer pricing documentation, ensuring compliance with regulatory requirements and alignment with Group Transfer Pricing Document
• - Ensure timely and accurate submission of regulatory surveys and statutory reporting requirements.
• - Serve as Finance liaison for the annual reporting requirements and renewal process relating to GTP (Global Trader Program) and MPA-AIS scheme
• - Own and lead regulatory audits and information requests and other compliance matters involving government agencies.

Treasury & Working Capital Support

• - Support Treasury payments validation and FX hedges
• - Monitor FX rates regularly and recommend appropriate monthly or quarterly hedging requirements for SGD denominated corporate tax payments

Continuous Improvement & Projects

• - Lead or participate in ad hoc assignments and strategic projects as requested by Management.
• - Develop and maintain advanced dashboards and management reporting solutions using Power BI and other analytical tools to enhance reporting efficiency
• - Drive the adoption of data analytics, business intelligence and automation solutions to improve efficiency, reporting quality and strengthen financial insights.