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Stellenbosch

    Junior SAFEX Accountant - Stellenbosch, South Africa - Helen Wilson Recruitment

    Helen Wilson Recruitment
    Helen Wilson Recruitment Stellenbosch, South Africa

    Found in: Job Placements ZA C2 - 1 day ago

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    Full time
    Description

    Western Cape
    Base Salary + Benefits

    JOB DESCRIPTION

    This is a very hands-on, high visibility role and will require intensive commitment.
    Incumbent will be required to be involve in a wide variety of tasks which will vary from routine capturing and daily PNL reporting to FX hedging and accounting.

    Essential Requirements for consideration:

    • Relevant Bachelor's degree or studying towards degree with 1 year's work experience in a SAFEX environment (Agri Commodity Trading)

    Education and Experience

    • Preference will be given to individuals with exposure to the grain industry
    • Knowledge of accepted accounting practices and principles

    Main Responsibilities

    • Daily Pnl
    • Compile daily trade Pnl.
    • Review position and market price to ensure accuracy of Pnl.
    • Prepare supporting schedules according to monthly close schedule.
    • Prepare Commercial Reports
    • Ensure accurate recording and analysis of transactions.
    • Perform daily and monthly reconciliations between the PNL and general ledger.
    • Brokers
    • Entering of daily SAFEX trades into front office trading system
    • Review, Analise & Reconcile Brokers Accounts
    • Posting of Monthly Journals
    • Prepare supporting schedules according to monthly close schedule.
    • Prepare Commercial Reports
    • FX
    • Involvement in calculating FX position, Pnl and exposure.
    • Send instructions to FX desk to book trades.
    • Reconcile trades between central FX system and front office trading system.
    • Balance sheet reconciliations
    • Payment review and approval
    • Data validation and integrity
    • Preparation for internal and external audits
    • Execute usual accounting functions, which include operating the general ledger system and month-end close responsibilities.
    • Ad hoc duties as required

    If you have not received any feedback from us within 5 working days please consider your application unsuccessful.

    **By sending your CV along with other additional documents you give consent to HWR to process and retain your personal information for the current opportunity as well as for future opportunities**