Junior Trade Accountant at COFCO International

Minimum qualifications and experience

• Ideal candidate should have a tertiary qualification in Risk Management, Financial or Accountancy and/related; and
• Minimum 2 year’s demonstrated experience in a similar role. 
• Demonstrated knowledge of accepted accounting practices and principles.
• Exposure to derivative markets and risk management environments, as well as grains industry.

Duties & Responsibilities

• Review Trade Position Accuracy
• Review on 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
• Monthly intercompany reconciliations and recording of transactions
• Execute usual accounting functions, which include 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
• Any ad-hoc duties that may arise from time-to-time

Essential skills

• Intermediate to Advanced MS Excel proficiency.
• Understanding of derivative markets and/or risk management.
• Excellent numerical reasoning and problem-solving skills.
• Excellent attention to detail and high a degree of accuracy.
• Experience of working in a fast-paced environment.
• Ability to work well within a team environment.
• Ability to work under pressure while always maintaining attention to detail.
• Planning, organising and excellent time management skills.
• Critical thinker with emotional resilience to overcome obstacles.
• The ability to be proactive and 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

• Completed SAFEX examination: Agri Market Dealers.
• Exposure to 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.
• Financial year end is December.
• Harvest and seasonal (high volume periods) are generally March to August/September.