Chief Financial Transaction Specialist

1 week ago

Kolkata, West Bengal, India beBeeAccounting Full time ₹ 8,50,260 - ₹ 12,14,760
">Commodity Accountant">

The Commodity Accountant plays a pivotal role in ensuring the accurate and timely recording, reconciliation, and reporting of commodity transactions. This position supports trading, operations, and finance functions to guarantee precise accounting of commodity movements, valuations, and settlements in accordance with internal controls and external regulations.

Key Responsibilities:">
  • ">
  • 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.">
">Requirements:">
  • ">
  • Education:">
  • Bachelor's degree in accounting, Finance, or related field.">
  • CA (Qualified)">
">
  • ">
  • Experience:">
  • 2–5 years of accounting experience, ideally in commodities, energy, or trading environments.">
  • Experience with ERP systems and commodity trading systems.">
">
  • ">
  • Skills:">
  • Strong knowledge of accounting principles and financial reporting.">
  • Analytical mindset and attention to detail.">
  • Proficient in Microsoft Excel; familiarity with data analysis tools is a plus.">
  • Strong communication and interpersonal skills.">
">Work Environment:">
  • ">
  • Typically office-based but may involve occasional travel.">
  • Fast-paced environment with tight deadlines, especially during financial close cycles.">
">">

This is an exciting opportunity to join our team as a Commodity Accountant. We are seeking a highly skilled and motivated individual to play a key role in our finance function.

">

As a Commodity Accountant, you will be responsible for ensuring the accuracy and completeness of all commodity-related transactions and accounts. You will work closely with traders, operations, and other teams to ensure that financial data is accurate and up-to-date.

">

We offer a competitive salary and benefits package, as well as opportunities for professional growth and development.

">

Join us and take the first step towards a rewarding career in finance

">">

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