ORGANISATIONAL CONTEXT & JOB PURPOSE
At INEOS Energy, we produce and trade oil, gas, liquefied natural gas (LNG), and carbon credits. This is supported by our investments in low-carbon technologies, which will help sustain our business through the energy transition. Direct examples of these areas are ‘Project Greensand’, our pioneering carbon storage project in the Danish North Sea, and our investment in HydrogenOne Capital.
INEOS Energy Trading operates across Oil (crude and refined products), Natural Gas, LNG and derivatives markets. Our core mission is to fully monetise INEOS Energy’s equity Oil and Gas production across Europe and the US.
Beyond this, the Trading and Business Development teams are tasked with originating and developing complementary third-party physical business.
Our team is on an exciting growth journey, and we anticipate continued growth across both new commodities and geographies, as the business evolves to support INEOS Energy’s expanding global footprint.
We are seeking a Financial Accountant / Analyst to support the Energy Trading finance function during a period of rapid growth and increasing complexity. The role will focus on high-quality financial accounting, reporting and analysis, alongside commercial support to trading and business development activity.
This position sits close to the business, working with Trading, Risk and Operations, and plays a key role in ensuring financial information is accurate, insightful and fit for decision-making as the business scales.
RESPONSIBILITIES & ACCOUNTABILITIES
Financial Accounting & Month-End
Support the timely and accurate monthly close process, including the preparation of trading-related journals (financial instruments), accruals, prepayments, and balance sheet reconciliations.Ensure accurate recording of trading activity in line with group accounting policies and IFRS reportingReviewing data to identify possible errors, and reconciliation to source systems where possibleMaintain integrity of the financial statements and support analysis of financial performanceSupport consolidation of financial information for group reporting and board submissionsProvide technical accounting support on specific transactions and new activitySupport audit processes and respond to audit queriesAct as a key interface with Shared Service Centres, ensuring quality and timely delivery of core accounting activitiesReviewing data posted by external systems and other departments for reasonableness and identifying possible errorsPreparation of management reports, and periodic financial presentationsAnswering stakeholder questions and providing additional ad-hoc analysis
Commercial & Business Partnering
Work closely with the Finance Manager to support Trading, Operations and Business Development teams across the trade lifecycle, providing financial insight into deal activity, performance, margins and costs.Represent Finance on project teams supporting new initiatives or business linesSupport assessment and implementation of new entities, products or markets from a finance perspective
Process Improvement & Scale
Contribute to improving, standardising and automating finance processesSupport development of scalable controls and reporting as the business expandsAssist with data quality, system enhancements and documentation of finance processes
Knowledge, Skills & Experience
Strong grounding in accounting fundamentals - balance sheet structure, core accounting principles, and the ability to identify and apply the relevant standardsSolid understanding of financial processes and controls, and a clear grasp of what financial and management reporting is meant to achieveConfident manipulating data in Excel, with advanced formula skills (INDEX/MATCH, XLOOKUP, and similar)
SKILLS KNOWLEDGE & EXPERIENCE
Qualified accountant (ACA / ACCA); Newly qualified to one year post qualification experience PQEStrong financial accounting and reporting experienceStrong knowledge of IFRS 9 and/or derivative accountingHigh level of accuracy, ownership and attention to detailStrong Excel and data-handling skillsAbility to work effectively in a fast-paced, commercial environmentExposure to energy or commodity trading accounting would be preferableExperience working with ETRM systems is advantageous
Behavioural skills
Comfortable managing multiple priorities at once without losing sight of what matters mostA natural problem-solver who takes the initiative on both process and technical issuesWilling to put in the extra time and effort needed to see things through to a successful outcomeResponsive under pressure - able to turn around urgent requests to tight deadlinesStrong written and verbal communication, underpinned by thorough, well-documented analysis that translates into clear, concise conclusionsA collaborative team playerSelf-motivated, with the foresight to spot problems early and head them off before they escalate