Hedge Accountant

Posted 2 Days Ago
Be an Early Applicant
70056, Gretna, LA, USA
In-Office
Mid level
Logistics • Transportation • Energy • Renewable Energy
The Role
Compute, review, and reconcile daily and monthly hedge fund transactions against physical product costs and market prices. Analyze trades and GAAP reporting, monitor hedge funds for fraud and discrepancies, and collaborate with traders and Operations to improve investment strategies and processes. The role requires accounting, audit, or tax experience with exposure to hedge funds or alternative investments, along with occasional weekend rotations, on-call work, and overtime.
Summary Generated by Built In

Company Description: John W. Stone Oil Distributor, LLC is the local leader in dockside, mid-streaming, and offshore fueling along the Mississippi River, from Baton Rouge, Louisiana, to Venice, Louisiana, and into the Gulf of Mexico.

Position: Hedge Accountant

Reports To: Director of Financial Reporting

Worksite: Terrytown, Louisiana.

Work Schedule: 7:30am to 4:30pm, Monday-Friday. Weekend rotations, on call and overtime will be required on an as needed

Essential Job Duties: 

  • Compute, review, and analyze daily trades against physical product cost to verify cost vs market price determining success of the trade
  • Understand the products in the fund and their corresponding trades.
  • Prepare/Post/Reconcile daily/monthly transactions analyzing GAAP reporting vs product trades.
  • Data analysis to monitor and audit hedge funds for fraud, errors, and discrepancies
  • Establish good working relationships with the Operations department and the traders
  • Work closely with traders to develop investment strategies and improve various operations of the hedge fund

This job description may not be inclusive of all assigned duties, responsibilities, or aspects of the job described, and may be amended at any time at the sole discretion of the employer.

Physical Requirements: All offers of employment are conditioned on passing a drug screen and a fit-for-duty physical examination. 

John W. Stone Oil Distributor, LLC is an EOE, including disability/vets.

Qualifications

Minimum Qualifications: 

 

  • Proficient in Microsoft Office. 
  • Bachelor’s degree in accounting, Finance, Economics, or Business
  • Good verbal and written communication skills
  • Able to work independently and with minimal direction
  • 2-5 years accounting/audit/tax experience with exposure to hedge funds or other alternative investments

Skills Required

  • Bachelor’s degree in accounting, finance, economics, or business
  • Two to five years of accounting, audit, or tax experience
  • Experience with hedge funds or other alternative investments
  • Proficiency in Microsoft Office
  • Good verbal and written communication skills
  • Ability to work independently with minimal direction
  • Pass a drug screen and fit-for-duty physical examination
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The Company
HQ: Gretna, LA

What We Do

John W. Stone Oil Distributor, LLC is a leading provider of comprehensive fueling services, specializing in dockside, midstreaming, and offshore operations along the Mississippi River and throughout the Gulf of Mexico. The company supplies high-quality petroleum products, including ULSD, Marine Gas Oil, and lubricants. It is also expanding its offerings by distributing renewable diesel to help the shipping sector achieve decarbonization goals.

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