HireFT
Browse JobsHow it worksPricingAboutSuccess Stories
    Back to jobs
    VI

    Vitol

    Energy and Commodities Trading

    Accountant

    Shanghai, ChinaOn-SiteFull-time5–8 yrs experiencePosted 3mo ago
    All Vitol jobs

    Job description

    1. Trade P&L & Accounting

    • Owning the month-end close process for a range of product groups and legal entities
    • Reviewing and analysing Trade P&L, inventory valuations, accruals and balance sheet accounts
    • Performing reconciliations between the trade capture system and accounting/tax declaration systems
    • Regularly engaging with commercially-focused teams (operations, commercial analysts) and middle/back-office teams (IT systems, treasury, settlements, contracts) to understand commercial activity captured in the trading system
    • Ensuring all transactions are recorded, documented and supported in line with company policies

    2. Financial Reporting & Compliance

    • Preparing financial statements in accordance with IFRS and Chinese GAAP, including statutory accounts and management accounts
    • Supporting the annual external audit process
    • Assisting with tax-accounting reconciliation and identifying key tax-accounting differences

    3. Settlements & Operations

    • Coordinating and executing daily deal settlements and VAT special invoice flows
    • Ensuring timely and accurate processing in collaboration with relevant internal teams

    4. Process Improvement & Projects

    • Contributing to adhoc projects, including integrating new business developments and supporting IT system improvement initiatives
    • Continuously assessing and improving accounting processes and controls

    5. Finance Manager Support

    • Assisting the
      Finance Manager with ad hoc tasks and projects as directed
    • Other duties as assigned

    Successful Candidates will:

    • Demonstrate strong accountability, self-motivation and ownership of deliverables, with a proactive approach to ambiguous problems.
    • Bring a strong learning ability — picking up new concepts, systems and workflows quickly in a fast-paced environment.
    • Manage time effectively, prioritising competing tasks across multiple workstreams and meeting tight deadlines.
    • Build relationships across global teams and communicate clearly and openly with colleagues across offices and departments.
    • Continuously assess, improve and optimise processes and controls.

    Job Skillset / Knowledge:

    • Accounting: Solid knowledge of China accounting standards (China GAAP) and IFRS, with strong bookkeeping skills and hands-on experience in financial statement preparation. Candidates with group reporting experience are preferred.
    • Taxation: Working knowledge of major Chinese tax categories
      (VAT, CIT, etc.), with the ability to independently perform tax-accounting reconciliations, identify key differences, and support tax declaration processes.
    • Tools: Excellent Excel skills (including pivot tables, functions, and building auxiliary working papers). Experience with BI analysis software is preferred.
    • Language: Good English reading and writing skills, with the ability to use English as a working language.
    • Bachelor’s degree or above, majoring in finance, accounting or related field. CPA License is preferred
    • 5-8 years of experience in accounting
      (subject to adjustment based on market conditions)
    • Experience of Big Four accounting firms and/or a background in commodity trading, retail, manufacturing, or complex supply chain enterprises are preferred.
    • Please use the message to the hiring team to explain how your skills, experience, and interests make you a strong fit for this role.
    • Ability to work in a high-pressure trading environment.
    • Have a strong sense of accountability and ownership of key deliverables
    • Be comfortable undertaking new concepts and ideas associated with a fast-paced, dynamic business
    • Demonstrate the ability to both understand the ‘big picture' and have a willingness to ‘dig into the details'
    • Demonstrate the ability to clearly communicate accounting concepts to senior management and translate them in terms of the commercial business
    • Continually assess, challenge, and improve processes
    • Earn the trust of others by continuously demonstrating the ability to follow-through
    • Be curious, creative, and up for a challenge
    • Effectively communicate with other departments/ external counterparties (written and verbal)

    Vitol Asia is committed to providing equal opportunities to all staff. Globally, Vitol seeks to conduct its business in accordance with the UN Global Compact’s ten principles, including those on human rights, one of which is to “Ensure a diverse and inclusive work place, where possible, free from discrimination regardless of age, gender, race, cultural heritage, ethnicity, sexual orientation, religion or disability.”

    Only successful candidates will be contacted.

    Job details are sourced from the employer's original posting.

    Open job posting
    VI

    About the company

    Vitol

    We are the world’s largest independent energy and commodities trading company. Every day we use our expertise and logistical networks to distribute energy around the world, efficiently and responsibly. From 40 offices worldwide, we seek to add value across the energy supply chain, including deploying our scale and market understanding to help facilitate the energy transition. To date, we have committed over $1 billion of capital to renewable projects, and are identifying and developing low-carbon opportunities around the world. Our people are our business . Talent is precious to us and we create an environment in which individuals can reach their full potential, unhindered by hierarchy. Our team comprises more than 65 nationalities and we are committed to developing and sustaining a diverse work force.  Learn more about us here . ATB is owned by Vitol and it is the 7th crude refinery plant in Malaysia. Located at Pontian, Johor Darul Ta'zim, the 32kbpd refinery, is well-positioned to supply both the local bunkering and growing energy markets across the region. The refinery neighbours VTTI-owned ATB terminal which includes over 1m m3 storage as well as 6 onsite jetties and can accommodate any size or type of tanker. This unique positioning enables us to offer our customers a secure and fully integrated supply chain, from production and blending of quality marine fuels, to storage and delivery. Designed to be highly energy-efficient, the refinery deploys state-of-the-art technology including a distillation unit with a prefractionation column.

    View all Vitol jobs
    Industry
    Energy and Commodities Trading
    Open roles
    17

    Interested in this role?

    Apply with HireFT

    Free to start — no card required.

    Your fit

    How well do you match?

    Sign in to see how your résumé lines up with this role.