Shell Recruitment 2018 | Trading Accountant - United Kingdom - - Job Posting, News, and Entertainment Media
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Shell Recruitment 2018 | Trading Accountant - United Kingdom

Shell Recruitment 2018 - Trading Accountant
London - Strand, United Kingdom

Skillpool group: Finance

Updated: 12-Apr-2018

Reference ID: 71645BR

A great introduction to one of the world’s largest commodity trading businesses – you’ll sharpen your accounting standards expertise, learn about deal drivers and valuation techniques and become a valued business partner to diverse decision-makers all over the world.

What’s the role? 

You’ll be part of a ten-strong global team (based largely in London and Houston) who advise on the accounting treatment of new business proposals and on the ongoing accounting and reporting of commodity transactions (derivatives) for Shell’s Trading & Supply business. 

There are two strands to the role. First, you’ll be preparing IFRS-compliant derivatives accounting entries by applying IFRS accounting rules to fair value and reporting future commodity transactions. You’ll also take care of the associated analysis, commentary and year-end disclosures. Because Shell is a Trading business, this is crucial, so you’ll definitely enjoy good exposure to the deal flow. 

Then there’s the wider accounting advisory part of the job, including:
Providing financial accounting advice across Shell Trading; for example, to inter alia traders or Trading Finance leaders for new business proposals.
Determining the appropriate application of relevant accounting standards (internal and external) for Shell Trading entities; accounting advice on the accounting treatment of commodity and related derivative contracts.
Supporting the implementation of new accounting standards (including among others, IFRS 9 and IFRS 16).

You’ll focus on our European and Eastern gas, power and emissions business but you can also look forward to learning about and supporting other areas including Crude, Refined Products and Liquefied Natural Gas (LNG) businesses. 

You’ll learn that there can be material differences between Market Risk valuations (Fair economic value) and the accounting valuation – that’s why it’s vital that you can forge effective working relationships with Market Risk teams; they manage the underlying fair values calculation and identify deals that aren’t appropriate for IFRS accounting.

Shell is an Equal Opportunity Employer: This means Shell does not decline your application based on country, race, age, disability, height, etc. Follow the link below to apply in the shell local job posting websites.

Apply here in Shell job posting websites.

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