Commodity Accountant
Agrocorp International
- Financial Accounting
- Record and reconcile commodity purchases, sales, transfers, and related financial transactions.
- Ensure accurate and timely journal entries for physical and financial commodity trades.
- Reconciliations:
- Reconcile and monitor trading positions, trade costings, futures and options, foreign exchange and P&L with trading desks in accordance with internal processes.
- Investigate and resolve discrepancies in transactional data, trade P&L, and general ledger balances.
- Valuation and Reporting:
- Monitor weekly mark-to-market valuations and report on trading profit and loss.
- Assist in monthly/quarterly/annual closing processes, including valuation of inventory and open positions.
- Calculate and report monthly commodity margins, P&L statements, and inventory valuations.
- Support financial close processes, including accruals, reconciliations, and variance analysis.
- Prepare reports for internal stakeholders and regulatory agencies as required.
- Collaboration:
- Liaise with traders, operations, shipping, risk management, and trade finance teams to ensure alignment on financial data.
- Work closely with IT or system support teams on trading system enhancements and data accuracy.