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Commodity Accountant Jobs (NOW HIRING)

As a Commodity Accounting Analyst, you will be responsible for producing consolidated hedging reports and conducting detailed analysis on commodity markets that are crucial to Smithfield's operations.

As a Commodity Accounting Analyst, you will be responsible for producing consolidated hedging reports and conducting detailed analysis on commodity markets that are crucial to Smithfield's operations.

Support commodity accounting, including inventory and transaction tie-outs * Assist with monthly close for operational entities * Maintain procedures and internal controls for settlements and gross ...

The position is part of a collaborative accounting team supporting commodity and derivative activities across energy markets, including natural gas,and other related products. The team works closely ...

We are looking for a CapEx Commodity Manager to join our team in one of today's most exciting ... Work with Accounting Team to support invoice payment reconciliation and approval. * Have business ...

We are looking for a CapEx Commodity Manager to join our team in one of today's most exciting ... Work with Accounting Team to support invoice payment reconciliation and approval. * Have business ...

Staff Accountant - Revenue Accounting (ASC 606) Location: Fairfield County, CT (hybrid work model ... You'll work hand-in-hand with project management, commodity management, and logistics teams ...

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Commodity Accountant information

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$36.5K

$98K

$160K

How much do commodity accountant jobs pay per year?

As of Jun 28, 2026, the average yearly pay for commodity accountant in the United States is $98,041.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,000.00 and $114,000.00 per year, depending on experience, location, and employer.

What is a Commodity Accountant job?

A Commodity Accountant is responsible for managing financial transactions related to commodities such as oil, gas, agriculture, or metals. They ensure accurate recording of trades, reconcile accounts, analyze market price fluctuations, and ensure compliance with accounting standards and regulations. Their role often involves working with traders, risk management teams, and finance departments to maintain accurate financial reporting. Strong analytical skills, attention to detail, and knowledge of commodity markets are essential for success in this role.

What are some common challenges faced by Commodity Accountants in their day-to-day work?

Commodity Accountants often work with complex and fluctuating data due to the volatile nature of commodity markets, which requires precision and adaptability. Reconciling trading activities, managing large volumes of transactions, and ensuring compliance with various financial regulations can present daily challenges. Additionally, they frequently collaborate with trading, logistics, and risk management teams to resolve discrepancies and support accurate financial reporting. Being detail-oriented and proactive in communication helps to navigate these challenges and ensure smooth operations.

What are the key skills and qualifications needed to thrive in the Commodity Accountant position, and why are they important?

A Commodity Accountant should have strong analytical abilities, a solid understanding of accounting principles, and preferably a bachelor’s degree in accounting or finance. Experience with ERP systems (such as SAP or Oracle), commodity trading software, and knowledge of compliance regulations or CPA certification are often highly valued. Excellent attention to detail, problem-solving aptitude, and effective communication skills enable success in fast-paced environments. These qualities are crucial for maintaining accurate financial records, managing risk, and supporting the business's commodity trading operations.

More about Commodity Accountant jobs
What cities are hiring for Commodity Accountant jobs? Cities with the most Commodity Accountant job openings:
What are the most commonly searched types of Commodity Accountant jobs? The most popular types of Commodity Accountant jobs are:
What states have the most Commodity Accountant jobs? States with the most job openings for Commodity Accountant jobs include:
General Accounting Senior - Commodity

General Accounting Senior - Commodity

Sempra Infrastructure

Houston, TX • On-site

$70K - $88K/yr

Full-time

Posted 15 days ago


Job description

Primary Purpose
Executes complex reconciliations and reporting tasks, ensuring compliance with accounting standards. Provides insights through analysis that support operational improvements and financial integrity. The position is part of a collaborative accounting team supporting commodity and derivative activities across energy markets, including natural gas,and other related products. The team works closely with cross-functional partners, including Risk, Commercial, and Operations. The environment offers exposure to evolving processes, market dynamics, and technical accounting topics.
Duties and Responsibilities
  • Supports the accounting and reporting for commodity transactions and derivative instruments, including analysis of contractual terms, valuation support, settlement activity, mark-to-market accounting, hedge-related impacts, and related financial statement disclosures.
  • Prepares and reviews journal entries, account reconciliations, and month-end close activities related to trading and commodity operations
  • Contributes to the preparation of financial reports and supporting schedules for internal and external reporting purposes. Contributes to the accounting/analysis of physical and financial transactions, providing visibility into how business activities translate into financial performance.
  • Supports audit activities by preparing documentation and responding to auditor requests
  • Carefully reviews and compares complex financial records, identifies issues, and applies effective solutions to resolve them.
  • Develops and evaluates long-term financial plans, forecasts, and budgets, offering thoughtful suggestions to support decision-making.
  • Prepares and shares detailed financial reports and summaries, helping leaders understand key financial information.
  • Ensures that all departments follow consistent procedures for processing and labeling expenses, keeping financial records accurate and organized.
  • Works closely with both internal teams and outside reviewers to make sure all financial practices follow company rules, professional standards, and legal guidelines.
  • Performs other duties as assigned.

Required Qualifications
Education
  • Required: Typically requires a 4 year degree in a relevant field, or equivalent combination of relevant education and experience.

Experience
  • Required: Typically requires 5 years of related experience.

Knowledge, Skills and Abilities
  • Required: Financial Accounting - The process of recording, summarizing and reporting a company's business transactions through financial statements.
  • Required: General Ledger Administration - The record-keeping system for a company's financial data, with debit and credit account records validated by a trial balance.
  • Required: Financial Regulatory Reporting - Financial reporting is a standard accounting practice that uses financial statements to disclose a company's financial information and performance over a particular period, usually on an annual or quarterly basis.
  • Required: Data Analysis - Measuring and managing organization data, identifying methodological best practices and conducting statistical analyses.
  • Required: Regulatory Compliance - Ensuring an organization's adherence to laws, regulations, guidelines and specifications relevant to its business processes.
  • Required: Account Reconciliations - Comparing sets of financial records to ensure accuracy and prevent balance sheet errors.
  • Required: Financial Analysis - Analyzes the financial statements and data to provide insights about the financial performance and position of the organization over time.
  • Required: Document Management - Creating, distributing, using, maintaining and disposition of recorded information maintained as evidence of business activities and transactions.
  • Required: Accounting Standards - Apply financial reporting framework prescribed by the relevant governing body to ensure all transactions meet regulatory requirements.
  • Required: Financial Forecasting - The ability to prepare and present financial statements and reports, such as monthly financial statements and work-in-progress reports, to stakeholders.

Preferred Qualifications
  • Preferred: Commodity Accounting: understanding of accounting for commodity purchase, sale, transportation, storage, and trading related transactions
  • Preferred: Experience with energy trading and risk management (ETRM) systems, such as Endur/Openlink
  • Preferred: Derivative Accounting: knowledge of accounting for derivative instruments, including recognition, measurement, valuation considerations, settlement accounting, financial statement presentation, and disclosure requirements
  • Preferred: Certified Public Accountant (CPA) or pursuing