Contract | Oil Product Control Analyst | London

London  ‐ Onsite
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Description

Contract | OIL Product Control Analyst | London

Global Oil Trading company requires OIil Product Control Analyst for expanding team.

The role:

  • Responsibility for the preparation and production of the daily P&L reporting process and timely provision of monthly key performance indicators to enable the business team to understand and manage commercial & trading performance, including daily volumetric exposure, stock control, P&L reporting, analysis, limit monitoring and monthly MI (Management Information) to MA (Management Accounts) reconciliations;
  • Close liaison with sales desks and traders in contract locations to ensure data is accurate and timely; and with the physical operations teams for reviewing all stock movements, either in tank, barges, waterborne, in pipe, etc (delivered or to be delivered);
  • Help to implement process and system improvements to streamline activities performed by core team and enable increased focus on results analysis;
  • Reviewing and checking daily physical and paper transactions have been posted correctly, are within Trading Delegations of Authority, and also to ensure the hedging is carried out correctly each day;
  • Proactively providing to the business beneficial commercial analysis. Specifically monthly commercial performance measures, fixed cost reporting and analysis, analysis of pricing and basis risk around physical operations;
  • Stock control; To analyse the operative performance of our barges (loadings, deliveries, transfers, loss control) and terminals and look for cost reduction opportunities;
  • Ensuring integrity of data through the implementation and use of suitable controls;
  • Maintenance of suitable infrastructure in support of business growth;
  • Assisting with the month end close process;
  • Help coordinate and review the proper flow of necessary documentation, eg for validation purposes etc;
  • dd hoc (financial) analysis and reporting, as requested;

Candidates will need to have a background within:

  • Minimum 3 years relevant experience within oil trading; additionally the candidate will have held other relevant positions within an energy trading environment
  • Strong understanding of risks and P&L attribution;
  • Excellent communication and relationship management skills, internationally across the group; and externally;
  • Track record of improving existing procedures;
  • Experience in physical oil operations;
  • Experience of managing or supporting business growth;
  • Working under pressure and to tight deadlines;
  • Fast learner, active thinker who can gain an in-depth knowledge of the business and detailed familiarization of the daily reports. To identify easily when something doesn't look or feel right;
  • Able to take and maintain an independent approach and challenge where appropriate;
  • Good Excel capabilities.

Only candidates with Oil Trading background will be considered.

Start date
ASAP or 4 Weeks
Duration
6 months+
(extension possible)
From
Olive Delta
Published at
12.01.2018
Project ID:
1483072
Contract type
Freelance
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