Commodity Accountant-A4

Summary

The Commodity Accountant is responsible for the accurate recording, reconciliation, and reporting of commodity transactions. This role supports trading, operations, and finance functions to ensure timely and correct accounting of commodity movements, valuations, and settlements in compliance with internal controls and external regulations.

Key Responsibilities

 Financial Accounting

• Record and reconcile commodity purchases, sales, transfers, and related financial transactions.
• Ensure accurate and timely journal entries for physical and financial commodity trades.

• Reconcile and monitor trading positions, trade costings, futures and options, foreign exchange and P&L with trading desks in accordance with internal processes.
• Investigate and resolve discrepancies in transactional data, trade P&L, and general ledger balances.

• Monitor weekly mark-to-market valuations and report on trading profit and loss.
• Assist in monthly/quarterly/annual closing processes, including valuation of inventory and open positions.
• Calculate and report monthly commodity margins, P&L statements, and inventory valuations.
• Support financial close processes, including accruals, reconciliations, and variance analysis.
• Prepare reports for internal stakeholders and regulatory agencies as required.

• Liaise with traders, operations, shipping, risk management, and trade finance teams to ensure alignment on financial data.
• Work closely with IT or system support teams on trading system enhancements and data accuracy.

Agrocorp International is a leading global agri-commodities company, connecting farmers, processors, and markets across key regions worldwide. With a strong presence in origination and destination markets, we specialize in sourcing, processing, and distributing high-quality agricultural products. Driven by innovation, sustainability, and a people-first culture, Agrocorp offers a dynamic environment where talent can grow, gain global exposure, and make a meaningful impact in the food supply chain.