
Posted 2 days ago
Trade Accountant
AI Summary
A Trade Accountant supports a physical commodity trading desk by handling month-end accounting, accruals, intercompany reconciliations, mark-to-market P&L, cash-flow forecasting, and FX exposure management while developing expertise in commodities trading.
About this role
An opportunity has arisen for a Trade Accountant to join the London finance team. This is an exciting opportunity which offers exposure to a broad spectrum of financial and operational activities, in the context of a fast-paced international trading desk.
The Role
Reporting into the Cocoa Head of Finance, this is an excellent role for a qualified accountant to get a hands-on role and develop their finance skills at a physical commodity trade house. The role involves responsibility for accounting and control activities of the trade desk, month-end accounting tasks, and time built in for work on projects & process improvements. We expect the combination of daily responsibilities, and training from our team of experienced commodity specialists, to allow the successful candidate to quickly take responsibility for their own trade book within the team.
Key Responsibilities:
Support continuous improvement in month‑end reporting by streamlining processes, increasing accuracy, and enhancing the quality and depth of reporting outputs.
Responsible for a structured rotation across month‑end accounting processes to develop commodities accounting knowledge, covering accrual calculations, intercompany reconciliations, management reporting to cocoa origin offices, and certification calculations.
Assist with the preparation of monthly forward books and the calculation of mark‑to‑market P&L for new physical trading activity.
Work with the trade, shipping and origin teams to improve business processes and field their queries
Taking ownership of monthly cash-flow forecasting
Assisting in FX exposure management, and new system implementation.
Ad hoc cyclical finance activities such as assisting implementing a new trade accounting system.
Skills & Experience
This role will suit a focused self-starter with attention to detail, an analytical thought process, and strong team ethic. Effective communication skills, and enjoyment of teamwork are also crucial, as the role works very closely with the trade and operations teams. Time management and ability to prioritise work load, are also important attributes.
Candidates must be a qualified accountant with min 3 years of similar experience - ideally within commodity or similar trading industry environment.
Excellent knowledge of Excel is also essential, as there will be a high level of data manipulation to produce reports. Knowledge of Navision and Cognos would also be an advantage.
As an equal opportunities employer, the ECOM Group is committed to the equal treatment of all current and prospective employees and does not condone discrimination on the basis of age, disability, sex, sexual orientation, pregnancy and maternity, race or ethnicity, religion or belief, gender identity, or marriage and civil partnership.
We promote belonging and aspire to have a diverse and inclusive workplace. We strongly encourage and welcome applicants from a wide range of backgrounds to apply and join ECOM.
Skills
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