Freight Operational Control Analyst

at  Capita

Our client, a well-known Commodity Trading company is looking for an Freight Operational Control Analyst .
As a Freight Operational Control Analyst for the Freight Platform, your primary responsibilities will be to support the day to day operations of the Platform in Singapore including Daily P&L and Positions plus futures account reconciliations. You will also be involved in various monthly closing activities including financial and management reporting, production of statutory accounts and IT projects, process improvement and efficiency projects when required.

Main accountabilities:

• Prepare daily trading PNL for assigned desk and close the trading P/L on a timely basis. This will include performing analysis of the results and reconciling the trading PNL.
• Provide daily commentary on Platform performance from a Gross Margin perspective
• Perform general accounting tasks to ensure that the financial results are prepared and reported in a timely in accordance to IFRS and Singapore accounting standards as well as internal policies. This includes Statutory and Management reporting.
• Work closely with Freight Operations, Trading, and Execution Staff to ensure that transactions including accruals and provisions pertaining to trading book are accounted for properly in the trading system and that they are in line with IFRS.
• Liaise with Accounting teams in offshore Shared Services Centre and Singapore to ensure that non-trading activities are booked accurately
• Coordinate and liaise with external parties like external auditors, tax agents, local tax and government authorities where required, during quarterly GST filing, annual statutory audits and annual MSI-AIS Award submissions
• Actively engage in the ongoing process of automating tasks and constantly look for areas of improvement
• Assist the Accounting Manager/Controller to assess and identify risks within the business and any other adhoc tasks as required.

JOB REQUIREMENTS:

• Candidate must possess at least a Bachelor’s Degree, Post Graduate Diploma, Professional Degree, any field.
• 2 years of experience in Product Control/Business Analysis/Management Accounting/Audit/Fund Accounting from freight/shipping/commodities industries
• Good understanding of futures markets, hedging and derivatives mechanisms
• Full-Time position(s) available.
  For interested applicant, kindly send your resume in Ms. Word format to bs1@capitasingapore.com.