Commodity Fund Accountant

Black River Global Fund Services LLC (BRGFS), a wholly owned subsidiary of Cargill, is an independently run global fund administration company with offices in nine countries and more than 20 years of worldwide back and middle office experience. BRGFS provides these services to Black River Asset Management, formerly Cargill's proprietary trading operation Cargill Global Capital Markets. BRGFS will offer a wide range of back and middle office services supported by experienced professionals, rigorous internal control processes and a well-established global infrastructure. BRGFS is embarking on a new strategic path to expand its business and to take advantage of the growth opportunities within the administration arena.



Black River Global Fund Service an equal opportunity employer.



A successful candidate will be responsible for the accounting books of an assigned fund as well as required to ensure that the balance sheet and profit and loss account are accurately reported on a timely basis within tight deadlines.


Principal Accountabilities:



50% Daily Accounting

- Handle daily accounting for assigned Funds, including reconciliation of the general ledger P&L to trader estimate, review of balance sheet and ensuring that reconciling items are investigated and resolved, or escalated in a timely manner.

- Required to ensure daily controls are in place and accounts are accurate on a daily basis, providing clear and accurate management information to support decision-making.

- Work with Portfolio Manager and traders for the assigned fund to improve knowledge of financial products and trading strategies

-  Work with team peers in operations, risk and credit departments as necessary.



20% Month End Tasks

- Fully reconcile the month end trial balance to the inventory system and independent support for the assigned fund.

- Ensure balance sheet is reported in accordance with US GAAP, Investment Company Audit Guide and Black River accounting policies as appropriate.



20% Price Products

- Daily and monthly product pricing for assigned Funds.

- Understanding the pricing methodology and valuation models for applicable products in sufficient detail to be able to ensure absolute accuracy.



10% Identify and implement work process improvements with regards to efficiency and ensuring that strong internal controls are maintained.

- Run ad-hoc reporting inquiries.
REQUIREMENTS




Required:3+ years of commodity financial markets accounting experience. 4-year Bachelor degree in Accounting. Strong technical accounting knowledge, including tax and GAAP. Demonstrate a clear understanding of internal control standards.

Desired:

Working knowledge of electricity and power products. Demonstrates good team work and the ability to builds relationships with internal and external customers. Strong analytical, organizational skills and problem solving skills. Excellent written and verbal communication skills with the ability to communicate information to a diverse audience. Ability to influence outcomes with peers, customers and vendors. Strong self motivation with attention to detail