Finance Control Lead

Permanent
Doha
Posted 1 week ago

Ably Resources are looking for a Finance Control Lead to join out client in Qatar, focussing on the LNG market. This will be a direct hire position based in Doha, Qatar.

The position will be responsible to maintain the financial report system for trading, making sure that all trade associated charges are correctly captured, whilst also preparing financial insights to support company decision making.

You will continually evaluate exposures through physical and hedge instrument end period formulas. Create reports for the trading organisation on monthly, annual or ad-hoc basis. Review paid costs to trading transactions to confirm accuracy. Develop processes to operate the exchange margin accounts for margin calls, so to only deploy strictly needed cash in those accounts.

Allocate in SAP, the P&L impacts of the margin account activities, cross checking this and verifying with all exchange accounts activity and reconciling with reports. Assist as necessary in other back office functions to maintain process standards. Ensure the CTRM-based live to-date P&L Mark-to-Market approach to trading positions is properly reconciled and analysed versus the monthly inventory bookings in the SAP based financial reporting system.

Requirements

ICAEW / CPA / CIMA / ACCA accreditation or another equivalent is required

Bachelors Degree in Science, Economics or Business Administration is mandatory. A further qualification at Masters level or an MBA is considered an advantage

A minimum of ten years’ experience in Trading Finance and financial analysis with a major IOC, a NOC or other relevant industry company

Knowledge and broad competence in trading, sales operations, commercial commodity pricing, financial reporting and profit & loss reporting.

Strong knowledge and use of both SAP and CTRM systems

Job Features

Job CategoryOil & Gas

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