Accounts Executive - Commodity Trading

Singapore Permanent SG$36,000 - SG$58,500
  • Billion-dollar turnover business
  • Competitive remuneration

About Our Client

Our client is a commodity trading firm who buy and sell physical metals across the globe. They have been in Singapore for the past 10 years and they are targeting to be a billion-dollar turnover business by 2020.

Job Description

  • Accounting of sales, purchases & expenses in MYOB accounting software.
  • Continuous management and support of budget and forecast activities including preparation of weekly/monthly/periodic MIS reports in Excel.
  • Ensure accurate and timely monthly, quarterly and year-end close of Books of Account.
  • Assist management to prepare for financial audit and coordinate the audit process.
  • Resolve accounting discrepancies and irregularities in consultation with auditors and associated parties.
  • Preparation of time charter invoices.
  • Analysis and accounting of reports from ship management companies.
  • Timely computation and coordination of payment of WHT payable.
  • Maintain up to date vessel-wise profitability report for the management
  • Conduct regular account reconciliation with traders on physical trading and commodity trading of futures and options.
  • Ensure smooth flow of processes from recording income and expenditures on the system to regular reporting of AR/AP
  • Ensure sufficient funds are proportionately maintained in different banks and perform fast and accurate payments are made.
  • Prepare monthly MIS including but not limited to P&L, Balance Sheet, statement of cash flows for the management.
  • Monitor and review income and expenditures classifications as per the requirements of Global Traders Program (GTP) and prepare progress report for management.
  • Liaise with auditors, management, tax advisors, banks and counterparties as required.

The Successful Applicant

  • CPA/ACCA qualified or in final stages.
  • Accounting degree/diploma or equivalent.
  • Knowledge of generally accepted accounting practices and principles.
  • Knowledge of economic principles.
  • Knowledge of audit practices & principles, applicable laws, codes and regulations in Singapore.
  • Knowledge and experience of using accounting software, ideally MYOB, XERO.
  • Minimum of 4 years of experience in the accounting of business transactions, management of financial systems and budgets, financial reporting, financial data analysis, auditing and taxation.
  • Familiarity with commodity trading and shipping.
  • Excellent attention to detail with data maintenance and reporting.
  • Problem identification, analysis and resolution.
  • Good planning, organisational and time management ability.
  • Strong communication and inter-personal skills.
  • Accurate and timely information & task monitoring.
  • Self-starter with a flexible mind and ability to deal with pressure.
  • Fluent in English as you will dealing with international managers and traders.

What's on Offer

This is a permanent opportunity with a very ambitious commodity trading firm here in Singapore as part of their growth strategy here in the region. They offer a very strong remuneration structure and developmental growth opportunities.

Michael Seow (Lic No:R1653157)
Quote job ref
Phone number
+65 6541 9918

Job summary

Finance & Accounting
What is your area of specialisation?
Energy & Natural Resources
Contract Type
Consultant name
Michael Seow (Lic No:R1653157)
Consultant contact
+65 6541 9918
Job Reference