BB Energy has a legacy spanning more than six decades. Today, the Group provides expertise across energy trading, operations, logistics, storage and retail. Our diversified portfolio cuts across many segments of the energy industry from trading crude oil and petroleum products to natural gas and renewables. With global operations anchored out of five hub offices in London, Dubai, Singapore, Houston and Athens, BB Energy has a global network of nearly 500 employees in a dozen offices across five continents. Growth and diversification remain cornerstones of BB Energy's business strategy as it supports an energy ecosystem capable of delivering affordable, secure, and increasingly clean energy to the societies that need it most.
For our office in Singapore, we are looking for a proactive and detail-oriented Accountant to join our Finance team. This role will be responsible for the full spectrum of accounting and financial reporting for several investment holding entities, as well as supporting critical financial processes for our main trading entity. The ideal candidate will have strong technical accounting skills, ability to manage audit processes, and a solid grasp of accounting for trading operations and investment holding entities.
Why Join Us?
We are a fast growing business in one of the most dynamic markets.
Our team includes some of the leading experts in this field.
We have a strong entrepreneurial spirit
We are a well established business with a strong heritage and track record of success globally.
We have a flat management structure and open management style - all voices heard and all voices count.
Competitive salary and benefits package offered.
Main Responsibilities
Full Set Accounts - Investment Holding Companies
Handle full set of accounts for several investment holding entities, including:
Daily bookkeeping of transactions
Manage monthly financial close process and preparation of schedules for analysis
Ensuring accuracy and completeness of all journal entries
Review and reconciliation of key balance sheet and P&L accounts.
Preparation of consolidated financial statements as required, and review of reporting packages submitted by subsidiaries to ensure accuracy, completeness, and compliance with Group accounting policies and IFRS.
Trading Entity
Responsible for the accurate and timely booking of all paper trade transactions for the main trading entity including:
Futures, options, swaps across various commodities
Posting and reconciliation of margin calls and returns with brokers
Monthly reconciliation of hedge positions with trading and risk management systems.
Booking of all non-cargo trade invoices, ensuring correct classification, timing, and alignment with contractual terms.
Posting and reconciliation of all trade-related bank transactions, including loans, payments, receipts and finance costs.
Audit, Financial Reporting and Tax Compliance
Lead the year-end audit process for investment holding entities
Preparation and submission of quarterly and annual financial reporting packages for companies assigned.
Preparation of all necessary audit schedules and liaise with external auditors
Preparation of Discounted Cash Flow (DCF) models for subsidiaries and associates as part of annual impairment assessment process including analysis of subsidiary performance, key assumptions and discount rate and ensuring compliance with IFRS.
Analysis of periodical results and presentation to management when required.
Preparation of corporate tax computation, GST and withholding tax reporting as necessary
Liaise with external tax consultants and ensure compliance with local and group tax requirements as necessary
Assist in ad hoc projects and work, including system enhancements and process automation.
Desired Skills & Experience
Degree in Accounting; CA/CPA/ACCA qualifications is preferred
Big 4 audit experience is preferred
3 years+ relevant experience
* Strong knowledge of IFRS and financial reporting
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