Sr Analyst, Product Control

$70,000 - $95,000/Yr

World Kinect Corporation - Miami, FL

Full-time - Mid Level

Remote - Miami, FL

1,001-5,000 employees

Merchant Wholesalers, Nondurable Goods

About the position

The Sr Analyst, Product Control at World Kinect is responsible for managing the production of end-of-day (EOD) Profit and Loss (P&L) reports, ensuring accuracy and providing explanations of key P&L movements related to trading activities across Marine, Aviation, and Land segments. This role requires a strong understanding of financial derivatives and market volatility, as well as the ability to lead system improvements and handle various reconciliation processes.

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 vs 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.

Nice-to-haves

• Knowledge of Oracle and related programs.
• Knowledge of Enverus MarketView.
• VBA, PowerBi, SQL, and/or QuickBase experience.

Benefits

• Health Benefits including Medical with HSA and FSA options, 100% coverage of preventative care, Dental, Vision, Teledoc, Employee Assistance Program.
• 401K Retirement Plan with match.
• 160 hrs Paid Time Off and 9 Paid Holidays/2 Floating.
• Short-Term Disability, Life and AD&D Insurance covered by WFS.
• LinkedIn Learning for Learning and Development.
• Long Term Disability Insurance, Accident & Critical Illness Insurance, Legal & Identity Theft Protection.