Finance Specialist

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:

Finance Specialist

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:

1. Month-End Process & Accruals:

   Proven experience with month-end close procedures and accruals management.

2. Inventory Management:

   Hands-on experience in inventory tracking and management.

3. 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.

4. Controlling Team Experience:

   Experience working in a Controlling team (e.g., Financial Controller, Cost Controller).

5. Analytical Skills:

   Excellent analytical skills with strong numerical aptitude and data analysis capabilities.

6. Excel Proficiency:

   Good to excellent Excel skills are essential due to current manual processes (macros knowledge is a plus, but not mandatory).

7. 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.