Trading Accountant - Singapore - Ampol

Ampol
Ampol
Verified Company
Singapore

1 week ago

Wei Jie

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Wei Jie

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Description
Trading Accountant


Primary Purpose of the Position

  • To deliver efficient, accurate and timely processing, reconciliation and reporting of Ampol Trading entities

Critical Accountabilities and Outcomes

  • Ensure the delivery of accurate, timely and meaningful accounting reports that are in compliance with Ampol accounting policies and relevant Singapore and Australian reporting requirements
  • Perform accounting monthend closing tasks and reconciliations, including balance sheet and gross margin reconciliation
  • Work closely with parent/subsidiary counterparts to ensure all intercompany transactions and balances are eliminated for group consolidation purpose
  • Support team lead with annual statutory audit and preparation of financial statements and government surveys.
  • Preparation of monthly and quarterly GST reporting, Withholding tax, and monthly corporate tax provision schedules and other tax compliance reporting as required for Ampol Trading entities
  • Identify, initiate, manage and/or support improvement of financial systems, processes and reporting to meet business requirements and support key projects
  • Analyse new or changed business processes and determine required accounting processes, procedures and controls and implement these
  • Build and maintain effective relationships with key stakeholders across Ampol
  • Manage Ampol Trading transactions effectively, ensuring timely payments and receipts as required from time to time
  • Perform any other duties as required

Qualifications

  • Tertiary qualification in Accounting
  • Mandatory CA/CPA qualifications
Experience

  • Similar role in a commodity trading environment
  • Experience in using CTRM systems
  • Minimum 36 years in an accounting based role in a large organisation or Chartered Accounting firm
  • Experience in handling accounts related to oil trading and shipping

Knowledge & Skills

  • Meticulous and an attention to detail
  • Efficient time management and organisational skills
  • Strong problem solving skills
  • Working knowledge of Microsoft Office Suite (Word, Excel, and PowerPoint)
  • Ability to communicate across all levels in the Business
  • Willingness to take on new tasks as the company grows and evolves
  • Commitment to continuous improvement
  • Understanding of commodity trading life cycle
  • Understanding on basic contract law
  • Understanding of Inco Terms
  • Understanding of Oil cargo pricing methodology
  • Basic understanding of shipping charters
Ampol Singapore

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