Full-Time
Accounting Manager
Power
Confirmed live in the last 24 hours
Trafi
1,001-5,000 employees
Global commodities trading in minerals and energy
Industrial & Manufacturing
Energy
Senior
Houston, TX, USA
Category
Cost Accounting
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Required Skills
Oracle
Requirements
- Chartered or Public Accountant certification preferred
- Knowledgeable and experience with financial and management accounting in multinational companies, including multi-GAAP and multi-currency
- Good understanding of IFRS in particular on the areas of: derivatives, revenue recognition and inventories : IAS 2 – IAS 32 – IAS 39 – IFRS 9 – IFRS 13 – IFRS 15
- Experience in the commodities business or energy trading is a preference
- Strong organisation skills with the ability to prioritise and work to several deadlines simultaneously
- Accuracy is essential
- Ability to use technology effectively, especially: multiple general ledgers systems (Oracle, Navision), consolidation and reporting systems, BI-tools (Business Objects/Qlikview) and Excel
Responsibilities
- Accounting management and control of all North American power ledgers and trial balances
- Maintaining, modelling, analysing and implementing hedge accounting (when elected)
- Technical accounting research and analysis on structured transactions, complex derivative positions, and investments
- Setup, controls and processes, and system integration with respect to new power business lines
- ISO financial reporting and compliance
- Support of statutory and group level audits and preparation of legal entity financial reporting
- Prepare audited and unaudited financial statements for North American legal entities
- Overall financial support for commercial power trading activities in North America
Trafigura specializes in trading essential resources like minerals, metals, and energy in the global commodities market. The company connects producers and consumers by sourcing, storing, transporting, and delivering these commodities, such as liquefied natural gas (LNG) to utility companies. Trafigura differentiates itself by actively participating in the energy transition, supplying metals needed for renewable technologies. Its goal is to optimize the trading process while supporting a shift towards a low-carbon economy.
Company Stage
N/A
Total Funding
N/A
Headquarters
Baltimore, Maryland
Founded
N/A
Growth & Insights
Headcount
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%
Simplify's Take
What believers are saying
- Trafigura's role in the energy transition offers significant growth opportunities as demand for renewable energy technologies increases.
- The company's diverse client base, including industrial manufacturers and utility companies, ensures a stable revenue stream.
- Strategic investments and partnerships, such as the $100 million for the Australian copper/zinc mine and the $150 million credit facility with K92 Mining, bolster financial security and expansion potential.
What critics are saying
- The volatile nature of the global commodities market can lead to significant financial fluctuations and uncertainties.
- Geopolitical events and conflicts, such as those in Gaza and Ukraine, pose risks to shipping and supply chain stability.
What makes Trafi unique
- Trafigura's extensive logistics network and expertise in market dynamics allow it to optimize the buying and selling process, ensuring profitability unlike many competitors.
- The company's active involvement in the energy transition, focusing on metals and minerals essential for renewable energy technologies, positions it uniquely in the market.
- Trafigura's strategic partnerships and acquisitions, such as the Mountain Creek power plant and the MoU with Angola, enhance its influence and operational capabilities in the global commodities market.