A leading global commodities trading firm is seeking a Senior Product Control Analyst with strong Physical Oil experience to join their Dubai office. This senior role is central to the trading business, responsible for delivering accurate P&L, ensuring robust valuation controls, and partnering closely with front‑office teams to support commercial decision‑making.
Key Responsibilities
- Own the end‑to‑end daily and monthly P&L production for physical oil trading books, ensuring accuracy, transparency, and timely delivery.
- Perform detailed P&L attribution, explaining key drivers such as market movements, optionality, logistics, and execution impacts.
- Oversee valuation methodologies, including mark‑to‑market, forward curves, pricing models, and derivatives hedging alignment.
- Reconcile physical stock movements across tanks, barges, vessels, and pipelines, ensuring accurate inventory valuation and exposure reporting.
- Strengthen product control processes, controls, and systems, identifying gaps and leading improvements across trade lifecycle workflows.
- Partner with Traders, Risk, Operations, and Finance to ensure consistent reporting, challenge assumptions, and support strategic commercial decisions.
- Provide senior‑level commentary to management, including performance insights, risk sensitivities, and cost analysis.
- Support audits, regulatory requirements, and internal governance frameworks.
Experience & Skills Required
- 8–10 years’ experience in product control, market risk, or finance roles within physical oil trading or broader energy markets.
- Deep understanding of P&L reporting, valuation controls, exposure management, and derivatives hedging.
- Strong knowledge of physical oil logistics, inventory valuation, and trade lifecycle processes.
- Proven ability to challenge front‑office assumptions and communicate clearly with senior stakeholders.
- Advanced Excel skills; familiarity with ETRM systems is highly beneficial.
- Accounting qualifications such as ACA, ACCA, or CIMA are advantageous.
- Strong analytical mindset with a continuous‑improvement approach.