IN SHORT
We are looking for a Trade Accountant to join SEFE’s UK Trade Accounting team in London where you will play a key role in supporting our commodity trading teams.
You will work closely with a specific business unit and ensure that the month end close process is managed to a tight schedule. With multi-million-pound balances to close you will use your passion for data and expertise in analytics to quickly investigate anomalies, identify the route cause, and successfully close the ledger.
The remainder of the month will be assigned to supporting new front office initiatives and the commercial change process, where you will work with a variety of stakeholders to deliver robust new accounting processes for new markets, products and commodities, aligned to IFRS standards.
WHAT YOU WILL DO
You will be aligned to a key Trading Business Unit and will use your technical knowledge and problem-solving ability to
- Use your comprehensive understanding of underlying trading activity and the derivatives/commodity contracts used, to ensure monthly trading balances in SAP ERP, comply with both IFRS and SEFE Trading Group Accounting Polices
- Reconcile legal entity results in SAP ERP, for at least one trading desk and/or legal entity, to Middle Office produced monthly estimates, investigating all material differences and ensure reporting obligations are met
- Own the monthly preparation of key financial data and business commentary for your business unit, explaining changes in derivative and other key trading balances
- Contribute to continued enhancement of local and parent company chart of accounts, as well as its ongoing application to SEFE’s trading activities, operated in SAP ERP.
- Contribute to overall data management, ensuring that all logic, mapping tables and GL assignments are maintained and validated within the ETRM to SAP interface layer. Support improvement projects to improve and simplify such logic, in line with department objectives.
WHAT YOU WILL BRING
You will be a chartered accountant, audit trained with hands-on experience of working within, or supporting, a physical commodity trading business. You will demonstrate an understanding of derivate financial netting, with an understanding of both the IFRS rules followed and its application challenges, and have experience substantiating foreign currency transactions in SAP, including realised and unrealised gains and losses on revaluation and cash clearing.
You will bring a strong working knowledge of MS Excel and be at ease manipulating large data sets.
You will also demonstrate
- Strong stakeholder management experience with the ability to engage both internal and external audiences. Understanding of front, middle and back office responsibilities in a derivative trading organisation is key.
- Effective communication skills (both written and verbal) with the ability to quickly build trust with senior stakeholders in non-finance functions.
- The ability to work on own initiative as well as being an effective member of a team.
- Accuracy and attention to detail whilst delivering against challenging deadlines.
- A proactive and decisive mindset.
ABOUT US
Securing Energy for Europe – it’s a simple statement, with a bold ambition. SEFE is not just our name, but also encompasses everything that drives us. To accomplish this, we’re taking immediate action to secure gas supply – but also looking forward, to explore our role in the European energy transformation and how we can contribute to a stable and sustainable future.
SEFE, an international energy company, ensures the security of supply and drives the decarbonisation of its customers. SEFE’s activities span the energy value chain, from origination and trading to sales, transport, and storage. Through its decades-long expertise in trading and the development of its LNG business, SEFE has become one of the most important suppliers to industrial customers in Europe, with an annual sales volume of 200 TWh of gas and power. Its 50,000 customers range from small businesses to municipalities and multinational organisations. By investing in clean energies and especially in the hydrogen ecosystem, SEFE is contributing to the energy transition. The company employs around 2,000 people globally and is owned by the Federal Government of Germany.
Our international teams work across locations in Europe, Asia, and North America. We’re passionate about energy and the important role it can play in shaping a better future.
Securing energy – now and for the future.
OUR BENEFITS
We’re committed to creating an inclusive environment that embraces diversity and fosters the development of knowledge, skills, and experience. Whatever your role, you’ll find an open, welcoming atmosphere that empowers you, and recognises your contribution.
In return we offer a competitive remuneration package supported by a comprehensive, and broad reaching benefits package which includes.
- non-contributory pension with 10% employer contribution
- bonus earning potential
- 25 days holiday plus bank holidays and volunteering days
- buy / sell holidays
- life assurance
- medical and dental insurance (family cover)
- a wide range of optional flexible benefits
- hybrid working
We are committed to supporting your career growth with opportunities to develop both your knowledge and experience through a blended approach to learning.
Join SEFE and help us secure gas supply across Europe and shape a better, more sustainable tomorrow.
