We're looking for a Commercial Analyst at VARO Energy. Hiring with Homerun.
VARO Energy is a dynamic, fast developing, integrated European downstream company launched in 2012. Our ambitious acquisition and integration strategy
created a major midstream energy company that cares for its customers across North-Western Europe. With a refining capacity of 176,000 bbl/day and a total storage capacity of almost 2,5mio m3 we own a solid asset base in our markets. Furthermore, we are proud to be an early mover in the reduction of harmful emissions, for instance by spearheading projects on Upstream Emission Reduction (UER). Such initiatives evidence our strong strategic focus on renewable energy sources. Leveraging our knowledge in this space will not only allow us to make a positive contribution to the energy transition, it will also enable us to further grow our market share. We will do so via our strong marketing organisation with activities in wholesale, retail and endconsumer deliveries. In combination with our sophisticated Supply & Trading organisation, we excel at unlocking value from our Integrated Fuels Value Chains (FVCs).
VARO Energy offers an exciting working environment which is characterised by strong team work, a flat organisation, a fast pace, entrepreneurial thinking & acting and having fun. Everybody has the chance to make a difference, develop a career and contribute to sustainable growth in an exciting and changing industry. VARO Energy is a partnership between the international energy and commodities company Vitol and the global asset manager The Carlyle Group.
The team is responsible for the supply of finished products and the marketing of the production of our refineries. Furthermore the hedging of our inventories and marketing activities. As a CA, you will be responsible for ensuring that our P&L and market exposure are accurate and reported. You will be interacting with Traders and physical operators on a daily basis. You will be part of a dynamic and entrepreneurial team that is a strong contributor to the company's profitability. This role is an excellent introduction to the exciting world of oil trading – you will learn about commodity trading, risk management, and oil refining.
• You will make sure that we always understand our current position and P&L, and that our systems are properly updated.
• You will hedge our risk via Futures and Swaps
• You will provide our management team with daily P&L analysis and position reports.
• At the end of every month, you’ll be responsible for liaising with Finance to ensure that our activities are properly reported in our month end reporting, that our futures and mark to markets are updated as time progresses, as well as controlling that our systems align with the inventory reports we receive from our terminals and pipelines.