Vitol
Energy
Accountant
Neural analysis suggests this role is
optimal for executive candidates.
“Accountant at Vitol. Skills: Trade P&L, Accounting, Financial Reporting, Compliance. Own month-end close process. Review Trade P&L”
What You'll Achieve.
Meet tight deadlines
Industry & Context.
Ambiguous problems; Assess processes; Improve processes; Optimize processes; Challenge processes; Improve controls; Optimize controls
High-pressure trading environment
What They're Looking For.
Must Have
Bachelor's degree or above, 5-8 years of experience in accounting
Nice to Have
CPA License preferred, Group reporting experience preferred, Experience with BI analysis software preferred, Experience of Big Four accounting firms preferred, Background in commodity trading preferred, Background in retail preferred, Background in manufacturing preferred, Background in complex supply chain enterprises preferred
What You'll Do.
Own month-end close process
Analyze inventory valuations
Analyze balance sheet accounts
Perform reconciliations
Engage with commercial teams
Engage with middle/back-office teams
Ensure transactions recorded
Ensure transactions documented
Ensure transactions supported
Prepare financial statements
Support external audit process
Assist with tax-accounting reconciliation
Identify key tax-accounting differences
Coordinate daily deal settlements
Execute daily deal settlements
Ensure timely processing
Ensure accurate processing
Contribute to adhoc projects
Integrate new business developments
Support IT system improvement initiatives
Assess accounting processes
Improve accounting processes
Assist Finance Manager
How You'll Work.
Team & Collaboration
Engage with commercial teams; Engage with middle/back-office teams; Collaborate with relevant internal teams; Build relationships across global teams; Communicate with colleagues across offices; Communicate with colleagues across departments; Communicate with other departments; Communicate with external counterparties
Communication Scope
English reading; English writing; Clear communication; Communicate accounting concepts; Written communication; Verbal communication
Process & Methodology
Ad hoc projects, IT system improvement
Full Job Description
Vitol is a leader in energy and commodities. Vitol produces, manages and delivers energy and commodities to consumers and industry worldwide. In addition to its primary business of trading, Vitol is invested in infrastructure globally, with $10+billion invested in long-term assets. Vitol’s customers include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves its customers from some 40 offices worldwide. Revenues in 2024 were $331bn. For more information: [vitol.com](http://www.vitol.com) 1. Trade P&L & Accounting * Owning the month-end close process for a range of product groups and legal entities * Reviewing and analysing Trade P&L, inventory valuations, accruals and balance sheet accounts * Performing reconciliations between the trade capture system and accounting/tax declaration systems * Regularly engaging with commercially-focused teams (operations, commercial analysts) and middle/back-office teams (IT systems, treasury, settlements, contracts) to understand commercial activity captured in the trading system * Ensuring all transactions are recorded, documented and supported in line with company policies 2. Financial Reporting & Compliance * Preparing financial statements in accordance with IFRS and Chinese GAAP, including statutory accounts and management accounts * Supporting the annual external audit process * Assisting with tax-accounting reconciliation and identifying key tax-accounting differences 3. Settlements & Operations * Coordinating and executing daily deal settlements and VAT special invoice flows * Ensuring timely and accurate processing in collaboration with relevant internal teams 4. Process Improvement & Projects * Contributing to adhoc projects, including integrating new business developments and supporting IT system improvement initiatives * Continuously assessing and improving accounting processes and controls 5. Finance Manager Support * Assisting the Finance M
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