About Our ClientFor our client, an oil trading company, we are currently looking for :A trade Cost control officerJob DescriptionTrade Capture VerificationRecord all confirmed trades (physical cargoes, paper/derivative positions) into the trading system (ETRM) accurately and on timeMatch trade tickets against broker confirmations, contracts, and counterparty confirmationsFlag and resolve discrepancies between the front office (traders) and the deal entered in the systemExpense Cost ControlCollect and verify all trade-related invoices: freight, demurrage, port charges, storage, inspection, insurance, financing/interest costsCheck invoices against contractual terms (charter party, storage agreement, letters of credit) before approvalEnsure costs are allocated to the correct trade/cargo/deal for accurate PL attributionReconciliationReconcile trade positions, inventory movements, and costs between the ETRM/trading system and internal recordsReconcile counterparty statements, bank confirmations, and letters of credit against internal trade recordsInvestigate and resolve breaks before month-end closeHandover to Accounting FirmPrepare and package verified trade and expense data (supporting documentation, invoices, contracts) for the external accounting firmAct as the point of contact for the accounting firm on queries related to trade data, invoices, or cost allocationMaintain an audit trail for every transaction and cost item submittedCompliance ControlsEnsure trades and costs comply with internal risk limits, credit approvals, and company policySupport internal and external audits by providing documentation and explanationsIdentify and elevate control weaknesses or process gapsThe Successful ApplicantExperience10+ years in trade support, middle office, or finance operations within an oil trading company (physical and/or paper crude/products trading)Strong, hands-on experience with ETRM systemsDeep familiarity with physical oil trade documentation: bills of lading, charter parties, letters of credit, quality/quantity certificatesGood accounting understanding, including how trade and cost postings flow into journal entries, PL, and balance sheet, sufficient to liaise credibly with the accounting firmSkillsStrong attention to detail and comfort reconciling large volumes of transactional dataSolid understanding of trade lifecycle (deal capture logistics invoicing settlement) and of the underlying accounting entries it generatesWorking knowledge of accounting principles and month-end close processes (accruals, provisions, cost allocation) as they apply to commodity tradingAdvanced Excel skills; comfort with ERP/accounting software interfacesClear communicator able to work with traders, operations, logistics, and external accountantsWhat's on OfferA permanent role in a medium size oil trading company #J-18808-Ljbffr
Trade and Cost control Officer - Trading House - Oil in Geneva Arbeitgeber: Michael Page Switzerland
Unser Unternehmen ist ein hervorragender Arbeitgeber im Bereich Medizintechnik, gelegen in der malerischen Region Lausanne. Wir bieten eine dynamische Arbeitsumgebung, die Innovation und Zusammenarbeit fördert, sowie flexible Arbeitszeiten und die Möglichkeit, einen Tag pro Woche im Home-Office zu arbeiten. Unsere Mitarbeiter profitieren von umfangreichen Entwicklungsmöglichkeiten und einem starken Fokus auf kontinuierliche Verbesserung, was zu einer erfüllenden und bedeutungsvollen Karriere führt.
