Wednesday, 8 February 2012

Finance Graduate Role objectives

Based in London, Gazprom Marketing and Trading is a global business that provides customers with integrated energy solutions. Our offices in the USA, Europe and Asia offer a unique suite of products - from gas and electricity to smart metering and carbon deals.

We are growing rapidly and, as we grow, it becomes ever more important that we preserve the enterprising spirit that helped to launch GM&T. We recruit talented individuals with the skills and imagination to match our ambition; developing their expertise, allowing them to flourish and ensuring they become part of our on-going success story.

Role objectives
GM&T is rapidly growing its capability and developing innovative products across multiple commodities within new markets. The Finance team plays a key part in supporting this drive for growth, and there are numerous opportunities for finance professionals in GM&T.

The Finance rotation will offer the chance to work across a number of our key teams and therefore gain a broad insight into the department. This will challenge an individual to understand not just the processes and responsibilities of each team but also the synergies with the rest of Finance and the Business. The rotation will provide exposure to the Finance Transformation, Financial Reporting, Financial Operations and Product Control teams.

Duties & Responsibilities
On our programme you will have the opportunity to develop your passion for innovation and helping others achieve their goals with skills that will take you into new and stimulating areas.

It is the chance to take advantage of great training and development, and to realise your ambitions of developing a rewarding and successful career in Finance.

We work closely with all areas of the business from front office through to back office and the solutions we deliver give you an opportunity to develop your knowledge of the energy trading domain.

Graduates will have the opportunity, through rotation and support of our teams, to actively experience and participate in the four core areas of finance:

- Finance Transformation

The key areas of focus for Finance Transformation are; assisting with strategic projects, BAU (incremental changes to systems), process reengineering, analysis for tactical development, helping to coordinate the Finance deliverables for the business plan implementation work, and improving the application of the values within the department and subsidiaries.

- Financial Reporting

The role of the Financial Reporting team is to prepare timely and accurate information, in accordance with IFRS, regarding the performance of GM&T, GGLNG and the Group as a whole for a wide variety of the Group's stakeholders, both internal and external. The team prepare the financial results for GM&T and GGLNG as well as consolidating financial results from all the Groupss companies worldwide to report on the Groupss overall performance.

- Financial Operations

The financial operations team is made up of two areas; Accounts Payable and Settlements. The Settlements team is responsible for ensuring that the billions of pounds of energy bought and sold is accurately confirmed, validated, invoiced and settled according to the individual contract terms in place. Such activity spans across multiple currencies form the euro to the yen, as well as multi commodities, including gas, power, carbon, storage, LNG, oil, biomass, capacity and financial trades, spanning varying timescales, from prompt to twenty year time horizon. Accounts Payable is part of the Finance function and is responsible for processing payments to our suppliers in a controlled, effective and efficient manner in line with Gazprom's policies and procedures.

- Product Control

Product Control is one of Finance's newest teams and has responsibility for the following areas: Production and validation of all daily P&L, position and exposure reports on an economic and IFRS basis. Validation of all month end and year end results within Financial Reporting at a gross margin level. Review and validation of new products, markets etc from a valuation and reporting perspective. This entails working closely with Risk, Front Office and Technical Accounting. Product Control is a global team, acting as a centre of expertise on the products that GMT trade.

- Training and development

We are committed to providing all employees with focused training and development opportunities directly relevant to the department's corporate goals, and provide specific resources for this purpose. Beyond the graduate programmes, we run a number of courses in leadership and management skills, core professional knowledge and skills and languages.

Skills & Competencies
We need excellent contributors and leaders within our business. As our organisation grows, we are keen to develop graduates within who can help us deliver excellence. Our closely knit teams are core to our success, working both individually and together to deliver value through solutions tailored for GM&T's needs. The characteristics that we feel contribute to this are:

- Highly motivated and proactive individual and team player
- Self-sufficiency and confidence to put your ideas forward
- Problem solving attitude
- Organisational and planning skills
- A desire to learn new skills

source= thenationalstudent.com

Tuesday, 31 January 2012

David Cameron accused of 'appeasing' Nick Clegg over


The Prime Minister is facing a revolt among Tory MPs over the “circumventing” of his veto which blocked a new EU treaty to deepen further fiscal union among eurozone countries at a summit last month.

Right wing Tory MPs were due to meet in Westminster to plot how to make clear their unhappiness ahead of a statement by Mr Cameron in the Commons tomorrow.

source=telegraph.co.uk

Wednesday, 25 January 2012

Prepare to be scrutinised at university open days


The approach of open day used to mean it was time for Britain's campuses to be scrubbed until they shone, then plastered with information about course subjects and extracurricular activities. Nowadays, it's just as likely to be potential students who dress up and gen up for open day. With demand for places on many courses remaining high despite newly increased tuition fees, admissions tutors now see the open day as an early chance to hunt for undergraduates who stand out from the crowd.

That's why the first rule of the day for applicants is to censor mum and dad. "One of the things that stands out about the prospective student is someone who comes up and chats to you, where they do the talking, not their parents," says Linda Thompson, faculty director at Staffordshire University. "Too many students turn up at open days, pick up literature and attend presentations – but don't speak to anyone. Or they let their parents do all the talking."

source=guardian.co.uk

Tuesday, 24 January 2012

Fishing and Whiskey



One Saturday morning,Glen decided to go fishing.

He sat there for hours,but nothing.The bottle whiskey that he've took with him,was also empty.He throw the empty bottle into pieces against a nearby rock.

All of a sudden,there was something on the hook.He pulled the fish out of the water.The only fish for the day so far.The fish was so small,Glen decided to throw it back.

The little fish was so exited,to such an extend,that it decided to give Glen one wish.

He asked the little fish for some more whiskey.The fish said,"Allright then,when you're urinating,it will be pure whiskey."

So Glen sat there,and wonder,can this really be ? Glen took a glass and urinate in it.It was pure,pure whiskey.

A while later,a women,who was standing nearby,comes to him and asks,"sir are you allright ? I saw you drinking your own piss."no,said Glen,it's whiskey.

The women laughed.He urinate into the glass,and gave it to her.She could'nt believe it.

So they sat there almost for the rest of the day, drinking whiskey.

After about the seventh double,she asks Glen for a nother one.He looked her in the eye,throw the glass into pieces against the rock and said "What about drinking out of the bottle ?"

source=funs.co.uk

Monday, 23 January 2012

Mario Party 9 trailer looks like fun


The new trailer below shows off a bunch of the new mini games built for the new Wii release, which arrives in EU on March 2.

The whole Mario crew compete in 80 new mini games "which will find players making pizzas, escaping haunted mansions, and even racing snowmobiles", says Nintendo.

Offering four player multiplayer support, it introduces new boss battles at the end of each stage, as well as fresh gameplay that lets players "ride across stages together in special vehicles"

source=computerandvideogames.com

Saturday, 21 January 2012

Student Loans Company's fraud alert

The Student Loans Company is contacting some of its customers by telephone amid fears of a fraud attack.
The company says it is calling those customers whom it has "identified as being at risk of having their details compromised".
The student loan system is facing sustained "phishing" attacks, with 1,400 websites shut down this year.
Customers are being told to be "vigilant with their personal details".

source=bbc.co.uk

Thursday, 19 January 2012

Umar Gul inspires victory in Dubai

Trailing by 146 runs, England made a disastrous start as Umar Gul (4-63) removed Andrew Strauss, Alastair Cook and Kevin Pietersen cheaply.
Spinners Saeed Ajmal and Abdur Rehman then claimed three wickets apiece as England were skittled out for 160.
Pakistan's openers easily knocked off the required 15 runs to seal victory.
Just as it had been in the first innings, England's batting performance made a mockery of their number one Test ranking as their technique and concentration were found wanting.

source:news.bbc.co.uk