Commodities Trade Accountant

2 weeks ago


New York, United States Atlantic Group Full time

Responsibilities:

Trade P&L Reconciliation:

  • Conduct daily reconciliation of trading P&L between the ETRM system and the ledger (NS) for all types of trades, including commodities futures, options, swaps, and physical trades.
  • Investigate and resolve discrepancies promptly to ensure accurate financial reporting.

NS P&L Reconciliation with Middle Office:

  • Reconcile ledger P&L to reported P&L by the Middle Office, ensuring alignment and accuracy.
  • Collaborate with the Middle Office team to address any discrepancies and ensure consistency in P&L reporting.

Variance Analysis and Resolution:

  • Identify and analyze variances between trading P&L, ledger P&L, and reported P&L by the Middle Office.
  • Work closely with relevant teams to investigate root causes and implement corrective actions to resolve variances.

Cross-Functional Collaboration:

  • Interact proactively with operations, settlements, middle office, and derivatives teams to obtain necessary information and resolve issues related to trade accounting and reconciliation.
  • Collaborate with IT and systems teams to enhance and streamline reconciliation processes and systems.

Compliance and Controls:

  • Ensure compliance with internal policies, procedures, and external regulations governing trade accounting and financial reporting.
  • Support audits and reviews by providing documentation, explanations, and assistance as required.


Required Qualifications:

  • ~4-6 years of experience in commodities or trading company
  • Relevant experience in trading P&L reporting and analytics
  • Advanced Excel skills



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