Job Description

Company
Puma Energy is a leading global energy business which supplies, stores and distributes petroleum products in 47 countries across six continents. Founded in 1997, Puma Energy has its headquarters in Singapore and Geneva and employs over 8,000 people globally with regional hubs in South Africa, Puerto Rico and Estonia and have recently setup a Global Delivery Centre in Mumbai (India).
Puma Energy has a network of 100 storage terminals, more than 3,000 retail sites, and a presence at over 80 airports. Our mission is to energize communities to help drive growth and prosperity by sustainably serving our customers' needs in high potential countries around the world
Puma Processing Services LLP (PEPS) established in Year 2018, represents Puma Energy's first captive offshoring unit and is based in Mumbai, India with over 200 employees. PEPS provides the Puma Group a key advantage of centralising its core competency in services at one location and allows the group the ability to scale size to increase volumes in key areas. PEPS manages mid office and back office activities for Puma Businesses across all its business verticals like Retail, B2B, Aviation, and also enabling functions like IT & Corporate. It serves the countries which are a part of the Africa Continent, Middle East and Asia Pacific and further extends the support to the Puma Group in Geneva for its core activities.
PEPS currently supports the Puma Group through the following main departments
1. Finance
2. Business Support Management (BSM)
3. HRSS &
4. IT
Main Purpose
This role is responsible for analysis and accounting of financial instruments and other balance sheet position. The role will involve discussions with various internal departments to finalize the accounting treatment and reporting to management, getting involved with various accounting projects and related activities.
Key ResponsibilitiesReconcile trade information between the various trading systems and the accounting system. Work closely with the Front/Mid Office in a fast-moving business where inherent risk must be mitigated by implementing effective controls. Raising of Sales Invoices and booking Purchase invoices. Review of trial balance and analyses / commentary of major movements. Perform revenue recognition checks to ensure compliance with accounting standard. Preparation & posting of various journals for month end process like prepayment, reclassifications etc. Evaluate accounting of various physical and derivative positions and determine application of hedge accounting where appropriate. Identify and review areas of required grossing up or netting of the balance sheet and ensure the same is applied per accounting standards. Prepare disclosure schedule / audit documentation and liaise with external auditors. Partnering on various accounting projects in related accounting areas.

ExperienceMandatory + Clear understanding of IFRS and accounting principles and ability to apply the same
+ Highly developed communication skills and experience of operating in an international environment, preferably from working for an international company.
+ Comfortable to liaise with non-accounting staff at all levels on a routine basis.
+ Self-motivated with a mature attitude. Able to work independently in a professional manner and maintain high standards of integrity.
+ Ability to question and challenge the existing processes, with a view to creating reporting efficiencies and improvements.
+ International outlook. Able to cope with working with staff in different offices worldwide.
+ Drive and determination to obtain understanding of complex, business-driven transactions and report these accurately according to the appropriate accounting standards.
+ Can work with various data sets and comfortable using various systems.
+ Having good knowledge of excel to initiate automation through use of excel. Knowledge on macro creation is an added advantage.
+ Team player with an enthusiastic approach to fresh challenges and helps various teams.
+ Chartered Accountant with prior experience in derivative accounting will be a significant advantage


Key RelationshipsBusiness Controllers /Dealers Operations /Chartering (logistics) Trade Finance External Audit teams * Internal finance and accounting teams