Reporting to the Accounting Manager- Trading, you will be working as part of a team who are responsible for completion of all daily commodity accounting processes leading up and including the production of reliable, accurate and timely daily profit and loss reporting for the Trading and Marketing business. This role is responsible for assisting in the preparation, review and analysis of monthly financial reports for the Trading and Marketing unit and other reporting duties.
Responsibilities
- Completion of all daily commodity accounting processes, including daily valuation and review processes for contracts and inventory; price validation; cost accruals and provisioning for key cost items (eg: fees and charges, logistics), futures and foreign exchange valuation and settlement
- Production, review and analysis of daily profit and loss report (Daily Gross Margin)
- Completion of month-end ledger reconciliation processes and the production, review and analysis of monthly financial statements
- Assisting in financial accounting for other business units within LDC
- Daily bank reconciliations and debtor receipting
- Preparation of BAS
- Assist with internal and external audit requirements Assisting the Accounting Manager and Financial Controller with key corporate accounting processes relating to the Trading and Marketing business unit.
- Developing and implementing processes which improve efficiency and accuracy of accounting processes.
- Develop and document appropriate policies and procedures for new and existing accounting processes.
