Commodities Accountant

Our client, a global leading trading corporation based in Canary Wharf, is actively seeking an accountant to join their Global Product Control team on a 6 month contract.

You will need a formal accountancy qualification with commodities experience. Good working knowledge of SAP and Openlink is also highly desirable for this role.

You will be responsible for reconciling positions and PNL with the clearing house and verifying margin payments to the exchange. You will be able to settle daily exchanges and will work closely alongside traders in London and the US. You and your team will be responsible for performing daily reconciliations for a trading book with futures and options positions across a variety of exchanges.

Responsibilities include:

· Working with teams to ensure any Derivative PL is reflected in the ledgers accurately and reported in accordance with the month end timelines and Group Policy.
· Complete Reconciliations, Report these to management and/or Auditors and investigate any discrepancies.
· Point of contact for all MI/MA breaks; cash team queries; systems support projects and other IST regions relating to Derivative trading.
· Post exchange and broker fees ensuring correct allocation to the correct trading chains and trading entities.
· Support new trading initiatives that will include broker set–up, SAP testing, new products or instruments and cash management clearing agreements with the broker/exchange.

Requirements:

· Full formal accountancy qualification
· Margin Reconciliation knowledge.
· Strong interpersonal and communication skills

If you feel you have the background and ability to strive within this position please forward your details to be considered for an immediate start.

June 20, 2014 • Tags:  • Posted in: Financial

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