Accounting Manager/ Senior Accountant - (Oil & Gas Trading -Must) Capital Chain

Posted on 2 Sep

Experience

5 - 10 Years

Monthly Salary

AED 10,000 - 15,000 ($2,701 - $4,051)

Education

Bachelor of Commerce

Nationality

Any Nationality

Gender

Any

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities


l Manage daily accounting operations, including general ledger, accounts payable/receivable, and month-end closing.

l Monitor and reconcile trading P&L, inventory valuation, and cash flows in coordination with the trading desk.

l Prepare and analyze financial statements and management reports with insights tailored to oil trading activities.

l Ensure compliance with IFRS/GAAP, tax regulations, and local financial reporting requirements.

l Liaise with auditors, tax advisors, and financial institutions regarding audits, tax filings, and financial arrangements.

l Implement financial controls and procedures to mitigate risk in trading operations.

l Work closely with front, middle, and back-office teams to support trade lifecycle from execution to settlement.

l Manage exposure and perform mark-to-market valuations of derivative instruments and physical positions.

l Support budgeting, forecasting, and scenario analysis for trading and hedging strategies.

l Assist in systems implementation or enhancement (e.g., Odoo or other ERPs).

l Manage AP and AR processes to ensure timely payment and collection.

l Prepare and process invoices, credit memos, and purchase orders.

l Ensure compliance with relevant accounting standards, regulations, and company policies.

l Prepare financial reports and statements for management review.

Desired Candidate Profile

Bachelor’s degree in accounting, Finance, or related field (CPA, ACCA, CFA preferred).

l Minimum 5+ years of experience in accounting/finance within the oil & gas or commodity trading sector.

l Strong knowledge of trading accounting practices, including derivatives and hedging.

l Proficient in financial systems (ETRM platforms, ERP systems, Excel, Power BI).

l Ability to work under pressure and meet tight deadlines in a fast-paced trading environment.


Preferred Skills & Attributes:


Ø Experience with crude oil, refined products, or bunker trading.

Ø Understanding of physical and paper trading settlements.

Ø Strong interpersonal skills with the ability to collaborate across departments.

Ø Proactive problem-solver and process improvement mindset.


Other Criteria:

Ø Age - 40 and below

Ø Nationality: Open for All

Ø Gender: Male/Female

Ø Job Type: Full-tim

Employment Type

    Full Time

Department / Functional Area

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Capital Chain

Capital chain is a blockchain technology company specializing in Forex trading

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