Accountant, Trading & Commodity (Oil&Gas/ Town/ Urgent)

OakTree Consulting

Accountant, Trading & Commodity (Oil&Gas/ Town/ Urgent)

OakTree Consulting


Job Nature: Permanent

Position Level: Manager, Senior Manager

Job Category: Accounting, Audit & Taxation, Oil & Gas, Trading/Wholesale

Qualification: Bachelor's / Honours, Masters / PhD

Salary: Login to view


 

 

This position will handle full set of accounts for LNG (Liquefied natural gas) and derivative transactions held by the Company.

 

1. Backend office work relating to LNG trading and Derivative transactions

  • Understand payment terms in LNG Sales and Purchase Agreements, ISDA and other expenses related to LNG transaction and liaise with internal front and middle office members and external counterparties to proceed payments
  • Reconcile month end realized P/L, unrealized positions, cash balances, broker statements, exchange statements with ETRM (Energy Trading and Risk Management system)
  • Manage initial and variation margin, settlements and cash related to derivative transactions
  • Prepare and issue sales invoices to customer and inter-company invoices timely and accurately
  • Computation of fair value of LNG contracts and paper contracts for quarterly closing

 

2. Full set of Accounts

  • Responsible for monthly closing process including preparation of journal entries, bank reconciliations and schedules in accordance with FRS
  • Responsible for financial management and controls including treasury and cash management
  • Responsible for Chart of Accounts, manage and resolve any system related issues
  • Responsible for monthly, quarterly and year-end financial reports, statutory financial statements and internal/external audit matters, including attending to requests from auditors
  • Prepare and file GST and withholding tax filing
  • Handle telegraphic transfer, cheque remittance, and Stand By Letter of Credit
  • Handle accounts payable/ accounts receivable
  • Assist in preparation of year-end financial statements and notes
  • Assist in preparation of tax schedules for tax agent
  • Handle SAP B1 accounting system
  • Assist on annual budget preparation
  • Participates in efforts to improve the quality and efficiency of the financial reporting process
  • Other adhoc assignments as and when required
  • This position reports to the General Manger in Accounting and Tax Department

 

Job Requirements:

  • Bachelor's degree with a major in Accountancy or equivalent
  • Qualified CPA
  • A good understanding of Singapore Financial Reporting Standards
  • Good knowledge of commodity trading transactions (i.e. oil, LNG) in ETRM system such as Allegro
  • Good knowledge of tax applications relating to trading activities, including tax incentives and compliance requirements
  • Accounting system experience; knowledge of SAP B1 would be an added advantage
  • Experienced in startup company would be beneficial
  • Well versed in Microsoft Office
  • Good organization and time management skills
  • Positive work attitude, keen to learn, team player and communication skills
  • Able to multi-task, meticulous and good team player
  • Self-driven & independent individual who is able to multi-task and adapt well in a fast-paced environment
  • Strong analytical skill with an eye for details

 

Please email your complete resume to [Click Here to Email Your Resume] with the following details in MS Word format:

  • Position applying for
  • Contact number
  • Current and expected salary
  • Date available/ Notice period
  • Recent photograph

 

We regret that only shortlisted candidates will be notified.

 

Long Moi Leng

EA License No: 06C4642

EA Reg No: R1985132

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