emagine
Dhahran, Saudi ArabiaPosted 4 days ago
Summary: The primary objective of this Senior Manager / Director role is to ensure that the finance data model and reporting design effectively capture the economics of crude and product trading. The role emphasizes understanding the financial implications of trading activities, including both physical and paper transactions. Main Responsibilities: • Capture current trading finance, P&L attribution and reporting practices. • Define trading-related dimensions: book / desk, strategy, counterparty / trading partner, and revenue type. • Advise on mark-to-market, derivatives and hedge accounting (IFRS 9) impacts on the GCOA and reporting. • Define intercompany / transfer pricing principles between trading, refining and marketing. • Validate segment profitability views. Key Requirements: • Senior trading finance, product control or commercial finance role in an energy trading organization. • Strong IFRS 9 knowledge (derivatives and hedge accounting) and trading P&L reporting. • Familiarity with ETRM systems (e.g., Endur, Allegro, RightAngle) and their link to ERP. Nice to Have: • Experience with trading arms of NOCs or IOCs, including risk reporting (VaR, exposure). Other Details: • Category 1: Seniority Level • Detail 1: Senior Manager / Director equivalent • Category 2: Experience Required • Detail 2: 15+ years in finance; 8+ years in energy trading • Category 3: Phase 1 Workstreams • Detail 3: Finance Data Model; Reporting & Segmentation Design Show more Show less
Senior trading finance, product control or commercial finance role in an energy trading organization. Strong IFRS 9 knowledge (derivatives and hedge accounting) and trading P&L reporting. Familiarity with ETRM systems (e.g., Endur, Allegro, RightAngle) and their link to ERP.
Capture current trading finance, P&L attribution and reporting practices. Define trading-related dimensions: book / desk, strategy, counterparty / trading partner, and revenue type. Advise on mark-to-market, derivatives and hedge accounting (IFRS 9) impacts on the GCOA and reporting. Define intercompany / transfer pricing principles between trading, refining and marketing. Validate segment profitability views.
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Get my free matchesAED 12k–18k a month· est.