Junior Safex Accountant

Western Cape Base Salary + Benefits JOB DESCRIPTIONThis 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 ExperiencePreference will be given to individuals with exposure to the grain industryKnowledge of accepted accounting practices and principlesMain ResponsibilitiesDaily PnlCompile daily trade Pnl.Review position and market price to ensure accuracy of Pnl.Prepare supporting schedules according to monthly close schedule.Prepare Commercial ReportsEnsure accurate recording and analysis of transactions.Perform daily and monthly reconciliations between the PNL and general ledger.BrokersEntering of daily SAFEX trades into front office trading systemReview, Analise & Reconcile Brokers AccountsPosting of Monthly JournalsPrepare supporting schedules according to monthly close schedule.Prepare Commercial ReportsFXInvolvement 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 reconciliationsPayment review and approvalData validation and integrityPreparation for internal and external auditsExecute 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**