We are seeking a Product Control Specialist to join our clietns risk and finance team at a leading oil trading firm. This role is critical in ensuring accurate P&L reporting, risk monitoring, and financial controls across the company’s crude and refined products trading activities. The ideal candidate will work closely with traders, risk managers, and finance teams to maintain a strong control environment and provide valuable insights into trading performance.
Key Responsibilities
- Daily P&L production and analysis, ensuring accuracy and timely reporting of trading results.
- Monitor and explain P&L variances, reconciling trader estimates with actual booked positions.
- Verify trade entries, valuations, and market pricing across crude oil, refined products, and derivatives.
- Support month-end close processes, including balance sheet reconciliations and reporting.
- Ensure compliance with accounting standards and internal financial controls.
- Collaborate with traders, risk, and finance teams to improve trading performance visibility.
- Develop and enhance reporting tools to improve efficiency and accuracy in P&L attribution.
- Assist in valuation adjustments (mark-to-market, reserves, and fair value adjustments).
- Ensure proper booking of physical and derivatives trades in trading systems.
- Work with auditors and regulators on financial reporting and compliance