Physical Oil Product Control
Job Description
A leading global commodities trading firm is seeking a Senior Product Control Analyst with strong Physical Oil experience to join their Dubai office. This senior role is central to the trading business, responsible for delivering accurate P&L, ensuring robust valuation controls, and partnering closely with frontoffice teams to support commercial decisionmaking.
Key Responsibilities
Own the endtoend daily and monthly P&L production for physical oil trading books, ensuring accuracy, transparency, and timely delivery.
Perform detailed P&L attribution, explaining key drivers such as market movements, optionality, logistics, and execution impacts.
Oversee valuation methodologies, including marktomarket, forward curves, pricing models, and derivatives hedging alignment.
Reconcile physical stock movements across tanks, barges, vessels, and pipelines, ensuring accurate inventory valuation and exposure reporting.
Strengthen product control processes, controls, and systems, identifying gaps and leading improvements across trade lifecycle workflows.
Partner with Traders, Risk, Operations, and Finance to ensure consistent reporting, challenge assumptions, and support strategic commercial decisions.
Provide seniorlevel commentary to management, including performance insights, risk sensitivities, and cost analysis.
Support audits, regulatory requirements, and internal governance frameworks.
Experience & Skills Required
810 years experience in product control, market risk, or finance roles within physical oil trading or broader energy markets.
Deep understanding of P&L reporting, valuation controls, exposure management, and derivatives hedging.
Strong knowledge of physical oil logistics, inventory valuation, and trade lifecycle processes.
Proven ability to challenge frontoffice assumptions and communicate clearly with senior stakeholders.
Advanced Excel skills; familiarity with ETRM systems is highly beneficial.
Accounting qualifications such as ACA, ACCA, or CIMA are advantageous.
Strong analytical mindset with a continuousimprovement approach.