Back Office Analyst Jobs in Dubai – UAE at Michael Page

Title: Back Office Analyst

Company: Michael Page

Location: Dubai – UAE

Type: Full Time

Category: Finance, Accounting

Job Description

Checking and validating trade entries and their accuracy in the trading system based on incoming trade confirmations from Counterparts and Brokers

Generating trade recaps for physical purchase and sale deals in cooperation with FO

Actualisation of deals by entering actual data in the system in an accurate and timely manner

Raising sales invoices in accordance with agreed payment terms and price

Review of supplier invoices and (first) release in SAP

Coordinate with Bookkeepers to ensure timely release of payment, correct allocation of cash receipts to invoices, and maintenance of supplier and vendor master data

Margining Calculations & reconciliations with the exchanges

Maintenance of Reference Data of Solarc RightAngle

Custodian of approved local procurement procedure and archiving procedure – ensuring that these are updated based on subsequent changes in the process

Contract Management – ensuring that the register of contract is kept updated; copies of contract and invoices are archived; following up on due invoices

Coordination with BNP, as required, especially for any new products, brokers and exchanges that needs to be set up in their system

Proactively analysing and resolving trade data discrepancies with Front Office traders and Counterparts

Work activities based on clear processes and controls within an international team

Direct interfaces to several departments in all areas of the company

Ensure compliance with Group’s Policies as well as the Group’s internal control system

Liaise with Compliance, Legal, and prospective counterparts for counterparty approval process

Support the establishment of the company functions, processes & policies, including other middle & back office functions (incl. Finance, Accounting, Risk, Settlement/invoicing, IT).

The Successful Applicant

4+ years of experience in back office functions in a commodity trading business (oil trading particularly, physical and financial)

Well-developed numerical and analytical skills. Previous ETRM systems Open link, Right Angle and SAP (FI, SEM) experience would be an advantage

Confidence, presence, resilience and determination to succeed in a dynamic and demanding business environment

Excellent attention to detail and organisation skills

Strong interpersonal skills and ability to interact and communicate at all levels

What’s on Offer

Excellent exposure

Well-reputed organisation

Contact: Setareh Ansari Back Office Analyst From email * To email *


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