Trade Accountant

SUMMARY:
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POSITION INFO:

We are currently seeking a dynamic individual for the position of Trade Accountant within a well-established finance division. This specialized role involves the daily monitoring of derivatives and physicals, ensuring accuracy in reporting. The successful candidate will be engaged in a hands-on role with high visibility, requiring a strong commitment to maintaining independence and accuracy.

Minimum Qualifications and Experience:

• Tertiary qualification in Risk Management, Financial, or Accountancy, and related fields.
• Minimum of 5 years demonstrated experience in a similar role.
• Knowledge of accepted accounting practices and principles.
• Exposure to derivative markets, risk management environments, and the grains industry.

Duties & Responsibilities:

• Review Trade Position Accuracy.
• Review Open Contracts.
• Compile Daily PNL Report.
• Daily Valuation of New Deals.
• Daily FX Valuation.
• Realized PNL Valuation.
• Ensure accurate recording and analysis of revenues and expenses.
• Prepare supporting schedules according to the monthly close schedule.
• Monthly account reconciliations per commodity.
• Monthly intercompany reconciliations and recording of transactions.
• Execute usual accounting functions, including operating the general ledger system and month-end close responsibilities.
• Prepare commercial reports.
• Preparation for internal and external audits.
• Balance sheet reconciliations.
• Payment review and approval.
• Data validation and integrity.
• Address any ad-hoc duties that may arise.

Essential Skills:

• Intermediate to Advanced MS Excel proficiency.
• Understanding of derivative markets and/or risk management.
• Excellent numerical reasoning and problem-solving skills.
• Attention to detail and a high degree of accuracy.
• Experience working in a fast-paced environment.
• Ability to work well within a team environment.
• Strong planning, organizing, and time management skills.
• Critical thinker with emotional resilience to overcome obstacles.
• Proactive and able to work under pressure.
• Good interpersonal and organizing skills.
• Strong communication and listening skills.
• Positive attitude.
• Computer Literacy (MS Office, Word, Outlook, web-based platforms).
• Ability to work collaboratively at all levels within the business.
• Excellent written and verbal communication skills.
• Aptitude for continuous system enhancements and automation.

Desirable Skills:

• Exposure to the grains industry.
• SAP experience.
• Experience using an ERP system.

General:

• 18 days annual leave.
• Office based in Techno Park, Stellenbosch.
• Reports to Contract Desk Controller.
• Salary is market-related basic salary with provident fund and medical aid benefits.