Account Manager
Trade Wave FZ-LLC
Posted 21 hours ago
Job Details
Requirements for Finance Manager (Oil Trading) – Dubai
* Minimum 5 years of experience in finance, preferably in oil & petroleum trading.
* Strong understanding of petroleum products trading, including pricing, cargo economics, demurrage, freight, laytime, and settlement calculations.
* Experience with financial control of trading transactions from contract execution to final settlement.
* Daily cash flow management and liquidity planning.
* Monitoring accounts payable and accounts receivable.
* Preparation and control of supplier and customer payments.
* Bank relationship management, including opening accounts, KYC updates, trade finance, and banking documentation.
* Experience working with auditors and preparing financial information for annual audits.
* Budget preparation, financial forecasting, and management reporting.
* Reconciliation of trading transactions, invoices, and bank accounts.
* Monitoring profitability of each trade and preparing margin analysis.
* Knowledge of international trade documentation (Commercial Invoice, Bill of Lading, Certificate of Origin, etc.).
* Understanding of Letters of Credit (LC), Bank Guarantees (BG), Standby Letters of Credit (SBLC), and trade finance instruments.
* Knowledge of IFRS and UAE accounting standards.
* Experience with VAT and Corporate Tax requirements in the UAE.
* Strong Excel skills (advanced formulas, Pivot Tables, financial models); experience with ERP systems is an advantage.
* Ability to work independently, meet deadlines, and manage multiple transactions simultaneously.
* Excellent analytical and problem-solving skills.
* Fluent English (written and spoken); Russian is a strong advantage.
Key Responsibilities
* Manage all daily financial operations of the company.
* Control financial aspects of petroleum trading transactions.
* Prepare daily cash flow reports and payment schedules.
* Coordinate with banks regarding payments, financing, and compliance matters.
* Liaise with external auditors and tax consultants.
* Monitor financial risks and ensure compliance with internal controls.
* Prepare monthly management reports and financial analysis.
* Support management in strategic financial planning and decision-making.
* Minimum 5 years of experience in finance, preferably in oil & petroleum trading.
* Strong understanding of petroleum products trading, including pricing, cargo economics, demurrage, freight, laytime, and settlement calculations.
* Experience with financial control of trading transactions from contract execution to final settlement.
* Daily cash flow management and liquidity planning.
* Monitoring accounts payable and accounts receivable.
* Preparation and control of supplier and customer payments.
* Bank relationship management, including opening accounts, KYC updates, trade finance, and banking documentation.
* Experience working with auditors and preparing financial information for annual audits.
* Budget preparation, financial forecasting, and management reporting.
* Reconciliation of trading transactions, invoices, and bank accounts.
* Monitoring profitability of each trade and preparing margin analysis.
* Knowledge of international trade documentation (Commercial Invoice, Bill of Lading, Certificate of Origin, etc.).
* Understanding of Letters of Credit (LC), Bank Guarantees (BG), Standby Letters of Credit (SBLC), and trade finance instruments.
* Knowledge of IFRS and UAE accounting standards.
* Experience with VAT and Corporate Tax requirements in the UAE.
* Strong Excel skills (advanced formulas, Pivot Tables, financial models); experience with ERP systems is an advantage.
* Ability to work independently, meet deadlines, and manage multiple transactions simultaneously.
* Excellent analytical and problem-solving skills.
* Fluent English (written and spoken); Russian is a strong advantage.
Key Responsibilities
* Manage all daily financial operations of the company.
* Control financial aspects of petroleum trading transactions.
* Prepare daily cash flow reports and payment schedules.
* Coordinate with banks regarding payments, financing, and compliance matters.
* Liaise with external auditors and tax consultants.
* Monitor financial risks and ensure compliance with internal controls.
* Prepare monthly management reports and financial analysis.
* Support management in strategic financial planning and decision-making.
Language
English
Nationality
Filipino, Indian
Company Size
11-50
Benefits
As per UAE law
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