Job
Description
A.P. Moller - Maersk is an integrated logistics company dedicated to connecting and simplifying supply chains, enabling global trade, and helping our customers grow. Our robust financial operations are crucial to our global success, ensuring accuracy, compliance, and strategic financial control across all our activities. We are committed to fostering a supportive environment where our employees can develop their skills and contribute to our continuous pursuit of excellence. Position Summary: We are seeking a proactive and committed Finance Specialist to join our team. This role is ideal for a professional with a strong conceptual understanding of IAS/IFRS, eager to apply their expertise in a dynamic global environment. You will be instrumental in cost accounting, capitalisation analysis, accruals management, and ensuring accurate entity and trial balance reporting. Your analytical skills, proficiency in Excel, and ability to navigate complex data will be key to your success, particularly during month-end close activities. Key Responsibilities: Month-End Process & Accruals: Drive and manage month-end processes, with a critical focus on cost accruals management and ensuring accurate reflection of financial data. Cost Accounting & Capitalisation: Perform cost accounting , including detailed capitalisation cost analysis and effective management of cost accruals. Entity / Trial Balance Reporting: Accountable for the comprehensive reporting of regional businesses , requiring a full understanding of the Trial Balance (TB) from revenue, cost, and inventory accounting perspectives. This includes Balance Sheet reporting as well as tax and financial items. Financial Controls: Implement and maintain strong financial controls, particularly in balance sheet reconciliations and volume reconciliations , and submit thorough analysis for control purposes. Analytical Insight: Critically analyze and explain month-over-month movements in the Trial Balance and the overall trading Profit & Loss, including regional-specific knowledge. Inventory Management: Oversee the tracking and management of oil inventories , understanding their interlinkages with volumes, controls, and trades for accurate reporting. ERP & CTRM Systems: Leverage your ERP system knowledge , understanding finance double-entry to the TB. Familiarity with CTRM (Commodity Trading Risk Management) systems , including data transfer and lifecycle from deal-capture to settlement, is highly beneficial. Process Improvement: Identify opportunities for independent process improvements across month-end activities, data transfer, and end-to-end financial workflows. Stakeholder Management: Effectively manage multiple stakeholders , including traders, operations, internal finance and tax teams within Maersk, external auditors, and IT, dealing professionally with ambiguous or unclear situations. Critical Requirements: Month-End Process & Accruals: Proven experience with month-end close procedures and accruals management. Inventory Management: Hands-on experience in inventory tracking and management. Accounting Experience (IFRS/Ind AS): Strong accounting background with expertise in IFRS/Ind AS , capable of handling Trial Balance, Profit & Loss, and Balance Sheet reporting. Controlling Team Experience: Experience working in a Controlling team (e.g., Financial Controller, Cost Controller). Analytical Skills: Excellent analytical skills with strong numerical aptitude and data analysis capabilities. Excel Proficiency: Good to excellent Excel skills are essential due to current manual processes (macros knowledge is a plus, but not mandatory). Stakeholder Management: Demonstrated ability to manage diverse stakeholders and senior management effectively. Required Qualifications & Skills: Qualification: CA/ICWA/CS qualification. Experience: Minimum of 2-3 years of relevant experience. Conceptual Understanding: Strong conceptual understanding of IAS/IFRS . Commitment & Learning: Exhibits strong commitment and a proactive learning attitude. Trading PL Understanding: Understanding of the entire trading P&L, including regional-specific knowledge. Reconciliation Expertise: Expertise in reconciling discrepancies to the logic of Trading/Performance P&Ls. Audit & Tax Knowledge: Strong IFRS/IAS knowledge to handle statutory, audit, and tax requirements. Oil/Commodity Trading Background: An oil/commodity trading background would be beneficial. Work Environment: Shift Timings: The shift timings will align with European working hours (12 PM to 9 PM IST), with a requirement to work in US shift timings during month-end close and as needed. What We Offer: Joining Maersk means being part of a team that is not only transforming global trade but also shaping the future of our industry. You will be part of a truly international company with a strong culture, where you will have unique opportunities to make a real impact on a global scale. We offer a dynamic environment where your financial expertise will contribute directly to our operational excellence and strategic decision-making.
