Vitol is a leader in the energy sector with a presence across the spectrum; from oil through to power, renewables and carbon. It trades 8 million barrels per day of crude oil and products and, at any time, has 250 ships transporting its cargoes.
Vitol’s clients include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves clients from some 40 offices worldwide and is invested in energy assets globally including: circa 16mm3 of storage globally, 480kbpd of refining capacity, 7,000 service stations and a growing portfolio of transitional and renewable energy assets. Revenues in 2019 were $225 billion.
Job Description :
- Works closely with the accounting team, other departments and overseas colleagues to ensure a smooth closing of accounts of companies managed in Singapore.
- Assists in the monthly, quarterly, and yearly closing of accounts to ensure accurate and timely reporting of financials to Head Office. This includes preparation of year-end report packages, financial statements and schedules for statutory reporting.
- Involves in accounting related to trading activities, budget monitoring and ensures accuracy of profit and loss.
- Handles accounting related queries and issues on a timely basis.
- Assists in statistics and survey preparation and submission as and when required.
- Assists in audit confirmation preparation.
- Complies with company policies, internal control procedures and accounting standards.
- Assists in the UAT (User acceptance testing) in relation to system enhancements.
- Perform accounting and other ad-hoc duties as assigned.
Qualifications :
- Bachelor of Accounting Degree or equivalent
- Minimum 5 years work experience in accounting or auditing, good knowledge or experience in commodity trading transactions
- Proactive, flexible and team player
- Rigorous, committed and good organization skills;
- Strong analytical skills
- Good communications skills and able to interact with other people
- Good working knowledge of FRS and IFRS a plus
