At World Kinect, our employees are the key to our global success. We are industry leaders due to the innumerable talents of our approximately 5000 strong professional team. Our people thrive in an entrepreneurial and culturally-diverse environment, where innovative thinking, collaboration and efficient execution are highly valued. Our high-performance culture is what allows us to drive sustained growth. Stronger together, we promote an environment where individuals can thrive.
The Analyst, Product Control will be managing the production of EOD P&L reports (Explanation of key P&L movements in terms of trading activity, key market drivers and attribution analysis). Markets covered will include Marine, Aviation and Land segments.
Salary range: $70k-95k
KEY RESPONSIBILITIES:
- Production of EOD PnL reports, with reconciliation to Traders’ calculations; ensuring accuracy to risk systems. Explanation of P&L movements to management in terms of trading activity, key drivers, profit attribution analysis
- Demonstrates a working knowledge of the concept of mark-to-market and can articulate market/price volatility in terms of its effect on P&L, cash flow and working capital
- Ensuring non-derivative transactions are treated with the right accounting treatment (Structured deals / Storage / Supply contracts etc.)
- Playing a lead role on commercial v accounting reconciliations
- Lead analyst on system improvements/enhancements in ETRM on automating any of the listed trade processes, including rolling out daily recs for any new accounts
- Reconciling where necessary OTC and futures positions and cash against exchanges
- Helping with the integrity checks on market data curves, to ensure EOD process is smooth
- Act as first point of contact for all non-pricing queries for Front Office/ Back office/Ops/Legal/Credit
- Daily Trade Captures exceptions reporting
- Involved in monthly IPV process (price testing, sensitivity analysis to consensus curves)
- Ad Hoc projects as initiated
REQUIREMENTS:
- 3 + years of experience in Middle Office/Product Control/Risk Management within energy trading or investment banking
- Ideally previous P&L analysis exposure for commodities-based products
- Bachelor’s degree in Business related disciplines such as Finance, Management, and Economics
- Specialized knowledge in the structure and uses of financial Derivatives as they relate to the management of fuel price risk (futures/swaps/options)
- Knowledge of Oracle and related programs desired, not essential
- Knowledge of Enverus MarketView is desired, not essential.
- Computer Proficiency and software skills (Word, Excel, Outlook), strong Excel skills / VBA skills preferred (VBA, PowerBi, SQL, and/or QuickBase experience is a plus.)
- Strong communication skills (oral and written)
- Absolute integrity.
What You’ll Love About Us:
- Health Benefits. Medical with HSA and FSA options that includes infertility benefits. 100% coverage of preventative care, Dental, Vision, Teledoc, Employee Assistance Program
- Prepare for the Future. 401K Retirement Plan w/ match
- Rest and Relaxation. 160 hrs Paid Time Off and 9 Paid Holidays/2 Floating
- Financial Peace of Mind. Short-Term Disability, Life and AD&D Insurance covered by WFS.
- Learning and Development. LinkedIn Learning
- Additional Perks We Offer. Long Term Disability Insurance, Accident & Critical Illness Insurance, Legal & Identity Theft Protection
World Kinect is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.
Top Skills
What We Do
Headquartered in Miami, Florida, World Kinect Corporation (NYSE: WKC) is a leading global energy management company, offering a broad suite of solutions across the energy product spectrum. In addition to our core energy and fuel offerings to customers in the transportation sector, we provide advisory services, sustainability and renewable energy solutions, as well as supply fulfillment for natural gas and power. We continue to focus on advancing the energy transition to lower carbon alternatives through expanding our portfolio of energy solutions and providing customers with greater access to sustainably sourced energy. For more information, visit https://corp.worldkinect.com.