Trade Accountant Specialist
4 days ago
Frank Consult, a highly successful commodity trading company based in Somerset West, is seeking a Trade Accountant to join their dynamic team.
This is an exceptional opportunity for a skilled professional to work with a reputable company that values expertise, professionalism, and innovation in the industry. As the primary contact for customers and internal parties, you will play a crucial role in ensuring seamless contract execution, planning, and customer service.
Your attention to detail, excellent communication skills, and proficiency in Microsoft Excel will be key in delivering top-notch customer experiences.
The ideal candidate should have a minimum of 2 years' experience in a grain trading environment, a tertiary qualification in Risk Management, Finance, or Accountancy (or related field), and at least 2 years of demonstrated experience in a similar role.
We are looking for someone with knowledge of accepted accounting practices and principles, exposure to derivative markets, risk management environments, and the grains industry.
Key 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 monthly close schedule.
- Prepare monthly account reconciliations per commodity.
- Perform monthly intercompany reconciliations and recording of transactions.
- Execute general ledger system operations and month-end close responsibilities.
- Prepare commercial reports.
- Assist with internal and external audits.
- Perform balance sheet reconciliations.
- Review and approve payments.
- Validate and maintain data integrity.
Educational Requirements:
- Tertiary qualification in Risk Management, Finance, or Accountancy (or related field).
Competitive Salary: R600,000 - R800,000 per annum, depending on experience. Benefits include a supportive work culture, opportunities for professional growth, and a comprehensive benefits package.
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