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Gunvor

Independent commodities trading and logistics provider

Trading Desk Accountant

Full-TimeUpdated on 10/23/2026
No salary listed
Mid
Bachelor's
Houston, TX, USA
In Person
AccountingFinancial Accounting

About the job

Requirements
  • Bachelor’s degree in Accounting or Finance.
  • Strong working knowledge of financial accounting.
  • Understanding of commodity trading business, especially physical power and natural gas trading.
  • Strong technical skills with proficiency in Excel.
  • Ability to independently research and analyze, and discuss conclusions with senior management.
  • Ability to work under pressure and meet deadlines.
  • Willingness to train colleagues.
Responsibilities
  • Perform monthly economic-to-accounting Profit & Loss statement reconciliations.
  • Account for commodity trading transactions, including purchases, sales, and costs.
  • Validate accounts receivable and accounts payable balances for assigned trade desks and commodities.
  • Ensure accuracy and consistency with trading system data.
  • Liaise with Front/Middle Office and Operations to ensure accuracy and consistency of reported figures.
  • Review balance sheet, cash movements, and working capital for assigned desks.
  • Participate in quarter-end reporting activities.
  • Compile pertinent data for management reporting and financial statements.
  • Participate in year-end audit and financial statement preparation, as needed.
Desired Qualifications
  • CPA preferred.

About the company

Gunvor moves physical energy, metals, and bulk materials from where they are produced to where they are needed most. The company operates by sourcing these commodities and using its own network of refineries, pipelines, and storage terminals to manage the logistics of the global supply chain. Unlike many competitors that focus solely on trading, Gunvor invests heavily in industrial infrastructure and upstream assets to gain direct control over the movement and processing of goods. Its goal is to create sustainable value for customers by providing efficient and safe transport solutions for essential global resources.

Company Size

501-1,000

Company Stage

Debt Financing

Total Funding

$8.3B

Headquarters

Geneva, Switzerland

Founded

2000

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Simplify's Take

What believers are saying

  • Gunvor's first-half 2026 profits jumped 644% on volatility, showing exceptional trading leverage.
  • LCIA ordered PGN to compensate Gunvor for nine LNG cargos, strengthening cash generation.
  • Gunvor's broad bank support in June 2026 signals lenders still fund its growth aggressively.

What critics are saying

  • Swiss prosecutors searched Gunvor's Geneva office in June 2026 over foreign-bribery allegations.
  • The Rotterdam storage blast killed one worker in August 2026, intensifying operational and liability exposure.
  • Gunvor's 2025 net profit collapsed 85% to $104 million, threatening talent retention and credibility.

What makes Gunvor unique

  • Gunvor's 2026 management buyout created employee-owned control and installed Gary Pedersen as CEO.
  • Its trading platform secured $1.366 billion Singapore RCF and $2.34 billion U.S. borrowing base.
  • Gunvor now combines commodity trading with physical assets, including Bilbao's 785-megawatt BBE plant.

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Benefits

  • Professional Development Budget

Company News

Gulf Oil & Gas
Jun 13th, 2026
Gunvor Secures US$1.366 Billion Syndicated Revolving Credit Facility With Oversubscription - Financials and Investment

Financials and Investment: Singapore Oil & Gas news in Asia, Gunvor Secures US$1.366 Billion Syndicated Revolving Credit Facility With Oversubscription

GlobeNewswire
Apr 30th, 2026
Amaroq Doubles Revolving Credit Facility to US$70 Million

Reykjavík, April 30, 2026 (GLOBE NEWSWIRE) -- Amaroq Ltd.(“Amaroq” or the “Company”) Amaroq Doubles Revolving Credit Facility to US$70 Million ...

StockTitan
Apr 30th, 2026
Amaroq doubles revolving credit facility to $70M, cuts funding costs

Amaroq has doubled its revolving credit facility to $70 million from $35 million, whilst reducing funding costs and extending maturity to 1 May 2028. The amended facility was arranged with Landsbankinn and Gunvor Group, with Gunvor securing gold offtake rights for the Nalunaq mine. The facility carries a 7.50% margin over SOFR, stepping down based on last twelve months EBITDA milestones: 6.25% above CAD 25 million, 5.00% above CAD 50 million, and 4.50% above CAD 70 million. An origination fee of $385,000 (0.55% of commitments) applies. The facility is secured by property mortgages, share pledges, bank account pledges and a licence transfer agreement. CFO Ellert Arnarson said the enhanced capacity strengthens working capital for exploration and Phase 2 construction at Nalunaq.

Breaking the News
Dec 1st, 2025
Gunvor Group completes management buyout.

Gunvor Group Ltd announced a management-led buyout, with the management team acquiring full ownership from majority owner Torbjorn Tornqvist. Gary Pedersen, head of Americas since 2024, is appointed as the new CEO. The transaction aims to introduce new governance and structural changes for long-term growth in the U.S., Europe, and Asia. Pedersen will operate between Houston and Geneva during the transition. Additional board and executive changes are anticipated.

World Ports Organization
May 28th, 2025
Gunvor Invests in Artemis Technologies: £60M

Gunvor Group has invested in Artemis Technologies to support nonhydrocarbon maritime solutions. This follows a £33 million ($45 million) UK Government grant to the Artemis-led Belfast Maritime Consortium for zero-emission ferries, bringing total project investment to £60 million ($75 million). The investment will aid the development of the Artemis eFoilerTM, an electric hydrofoiling system, reducing fuel costs by 90% and emissions to zero for vessels carrying up to 350 passengers.