Trade Accounting

Skyworks; Aurora (IL); On-site; USD 70,000 - 90,000; Full time

Job summary

A leading trading company is seeking a Trade Accountant in Aurora, IL, to oversee trade-related reporting and analysis. The successful candidate will conduct data analysis, prepare monthly financial entries, and work with cross-functional teams to streamline processes. Candidates should be proactive, communicative, and possess a CPA or be a candidate, with at least three years of relevant experience in a dynamic trading environment.

Qualifications

• Strong accountability for deliverables.
• Self-starter who can lead projects.
• Exceptional quantitative and analytical abilities.

Responsibilities

• Analyze PNL data and confirm storage quantities.
• Prepare monthly adjusting entries for revenue recognition.
• Conduct monthly reconciliations of Trading system with accounting ledger.

Skills

Quantitative analysis

Analytical thinking

Communication

Education

CPA or CPA candidate

Job description

The Trade Accounting team is in charge of accurate and timely reporting and analysis of trade-related activity for approximately 40 entities across the Americas. To accomplish this, you must be ready to learn systems and processes, able to interact proactively with various commercial and support teams across the business, and willing to upgrade processes and systems to keep up with commercial advancements.

Specific job responsibilities include:

• Maintaining strong internal system controls by analyzing PNL data, confirming floating/tank storage quantities, assuring accurate cost estimates, and resolving Vista exceptions
• Prepare close adjusting entries for revenue recognition, inventories, and prepaid expenses on a monthly basis.
• Monthly reconciliations of the in-house Trading system with the accounting general ledger
• Engaging in regular meetings with cross-functional teams to better understand the business activity we support
• Continuous projects aiming at integrating new firms and discovering process/system improvements are led and participated in.
• Monthly review and analysis of trade profit and loss, inventory valuations, accruals, derivative/hedge accounting, and several other accounts

Qualifications:

Candidates that are successful will:

• Have a strong feeling of accountability for crucial deliverables.
• Be a self-starter who can begin and lead projects. Feel at ease with new concepts and ideas connected with a fast-paced, dynamic business.
• Exceptional quantitative, analytical, and critical thinking abilities
• Processes should be evaluated, challenged, and improved on a regular basis.
• Earn others' trust by consistently proving your capacity to follow through.
• Be able to communicate difficult system and accounting concepts to non-accountants. Be interested, inventive, and eager to take on new challenges.
• Have a real desire to establish relationships on a global scale.
• Be an open communicator who enjoys sharing and receiving knowledge.
• CPA or CPA candidate with at least three years of accounting experience, preferably in a commodities trading setting