Forex and Hedge Accounting Specialist
2 weeks ago
Direct message the job poster from Quest Staffing Solutions. Forex and Hedge Accounting Specialist Midrand, Gauteng – 6 month contract. Role Purpose The Specialist: Forex and Hedge Accounting will form part of the team responsible for managing foreign transactions and accounting processes in accordance with operating procedures, policies, SOX requirements, compliance standards, and IFRS 9 . This role ensures accurate hedge accounting treatment, timely forex payments, and effective handling of forex receipts. The ideal candidate will thrive in problem‑solving, process improvement, and maintaining strong working relationships with internal and external stakeholders, including Business Units, Vendors, Subsidiaries, and Markets. A culture of continuous improvement is essential to achieving world‑class operational performance. Key Accountabilities Ensure complete and accurate accounting and reporting of foreign exposure and hedge accounting in line with IFRS 9 . Provide support for forex‑related requests and queries. Build collaborative relationships across Finance Operations, Finance Business Partners, Group Treasury, and the Transactional Cash Management team. Engage with Global Process members, Shared Services teams, and cash management stakeholders. Advise stakeholders on forex transactions, IFRS 9 processes, and related reporting. Identify opportunities to optimize forex‑related cash flows and streamline processes. Your Responsibilities Will Include Daily and Monthly Activities Execute IFRS 9 accounting, processes, and reporting, including month‑end deliverables aligned to the financial calendar. Monitor forex payment and receipt sub‑processes. Manage applications to the South African Reserve Bank. Perform monthly variance analyses, investigate anomalies, and provide explanations. Analyse reported data to identify trends and investigate exceptions. Collaborate with stakeholders to resolve forex‑related issues promptly, ensuring accurate accounting treatment and reporting of forex transactions. Identify cost drivers, key vendors, and trends in forex‑related spend. Compliance & Control Ensure adherence to relevant Group policies. Maintain SOX compliance and ensure all compliance requirements are met. Collaborate with cross‑functional teams to resolve compliance issues. Interim and Year‑End Reporting Prepare separate and consolidated statutory packs. Support interim and year‑end close processes. Deliver accurate and timely interim and annual financial statements (separate and consolidated). Minimum Qualifications Experience 5+ years’ relevant experience with a strong financial reporting background. Strong working knowledge of IFRS 9 . Job‑Related Skills Analytical thinking and problem‑solving Innovation and adaptability Interpersonal and influencing skills Ability to work under pressure, with ownership and a drive for impact High attention to detail and quality focus Excellent planning and organising Discipline and deadline‑driven Job Knowledge Solid understanding of accounting principles, specifically IFRS 9 Experience in financial and statutory reporting Advanced proficiency in MS Office (Excel, Word, PowerPoint) Experience with SAP ERP , HFM , and SOX compliance Additional Information Duration: 6 months Salary: R400 per hour Seniority level Executive Employment type Full‑time Job function Finance Industries Financial Services and Accounting #J-18808-Ljbffr
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Specialist: Forex and Hedge Accounting
3 weeks ago
Midrand, South Africa A 1L Realization (Pty) Ltd Full timeRole Purpose/Business Unit:The Specialist: Forex and Hedge Accounting will be a member of the team managing the foreign transactions and accounting processes in a timely and accurate manner, in accordance with defined operating procedures, policies, SOX, compliance, IFRS 9 and business partnering. The Specialist: Forex and Hedge Accounting is responsible for...
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Specialist: Forex and Hedge Accounting
3 weeks ago
Midrand, South Africa A 1L Realization (Pty) Ltd Full timeRole Purpose/Business Unit:The Specialist: Forex and Hedge Accounting will be a member of the team managing the foreign transactions and accounting processes in a timely and accurate manner, in accordance with defined operating procedures, policies, SOX, compliance, IFRS 9 and business partnering. The Specialist: Forex and Hedge Accounting is responsible for...
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Forex & Hedge Accounting Specialist
1 week ago
Midrand, South Africa Optimal Growth Technologies Full timeForex and Hedge Accounting Specialist Contract duration: 6 months Location: Midrand Role Purpose The Specialist: Forex and Hedge Accounting will be a member of the team managing the foreign transactions and accounting processes in a timely and accurate manner, in accordance with defined operating procedures, policies, SOX, compliance, IFRS 9 and business...
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Forex & Hedge Accounting Specialist
3 weeks ago
Midrand, South Africa Optimal Growth Technologies Full timeForex and Hedge Accounting Specialist Contract duration: 6 months Location: Midrand Role Purpose The Specialist: Forex and Hedge Accounting will be a member of the team managing the foreign transactions and accounting processes in a timely and accurate manner, in accordance with defined operating procedures, policies, SOX, compliance, IFRS 9 and business...
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Midrand, South Africa Optimal Growth Technologies Full timeSenior Specialist: Forex, Hedge Accounting & Cash Flow Contract duration: 6 months Location: Midrand Role Purpose Senior Specialist: Forex, Hedge Accounting & Cash Flow will be a member of the FinOps team managing the following processes relating to transactions in foreign currency and cash flow related processes in a timely and accurate manner, in...
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Midrand, South Africa Optimal Growth Technologies Full timeSenior Specialist: Forex, Hedge Accounting & Cash Flow Contract duration: 6 months Location: Midrand Role Purpose Senior Specialist: Forex, Hedge Accounting & Cash Flow will be a member of the FinOps team managing the following processes relating to transactions in foreign currency and cash flow related processes in a timely and accurate manner, in...
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Senior Forex
2 weeks ago
Midrand, South Africa Optimal Growth Technologies Full timeA financial solutions company in Midrand is seeking a Senior Specialist: Forex, Hedge Accounting & Cash Flow. The ideal candidate will have a BCom degree in Accounting and at least 6 years of relevant experience. Responsibilities include managing hedging strategies, cash flow forecasting, and collaborating with banking partners. This role offers a dynamic...
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Midrand, South Africa Optimal Growth Technologies Full timeA financial services company in Midrand is seeking a Forex and Hedge Accounting Specialist for a 6-month contract. The role involves managing foreign transactions, ensuring compliance with IFRS 9, and communicating with various stakeholders. The ideal candidate will have a BCom in Accounting and over 5 years of relevant experience. Strong analytical and...
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Senior Specialist: Forex, Hedge Accounting
3 weeks ago
Midrand, South Africa A 1L Realization (Pty) Ltd Full timeEssentialMatricBCom graduate, in Accountancy, Investments, Economics, Treasury or business related field8+ years relevant experience, of which at least 5 years working experience in a Banking Treasury environment, specific to forex, hedging strategy and hedge accountingKnowledge and understanding of SARB RegulationsExperience dealing with the SARB & Exchange...
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Senior Specialist: Forex, Hedge Accounting
3 weeks ago
Midrand, South Africa A 1L Realization (Pty) Ltd Full timeEssential Matric BCom graduate, in Accountancy, Investments, Economics, Treasury or business related field 8+ years relevant experience, of which at least 5 years working experience in a Banking Treasury environment, specific to forex, hedging strategy and hedge accounting Knowledge and understanding of SARB Regulations Experience dealing with the SARB &...
