Posted on: 28 September 2023
ID 887058

Accountant (Hedging) - Free State Oil (Pty) Ltd, Head Office Reitz

Introduction

Free State Oil (Pty) Ltd is a subsidiary of VKB Agriculture (Pty) Ltd, a dynamic role player in the edible oil industry, situated in Villiers in the Eastern Free State. We offer you the opportunity to establish yourself within a professional, corporate environment in the countryside.

Job Description

The accountant will be responsible for capturing and reporting on hedge positions, as well as the costing of inventory of Free State Oil.

Requirements
  • BCom Degree with Accountancy.
  • Completed articles (SAIPA and/ or SAICA).
  • Applicable experience in a fast-moving environment.
  • Experience in similar position will be advantageous.
  • Ability to function independently within team context and to accept responsibility.
  • Strong analytical, numeracy and interpersonal skills.
  • Excellent computer skills and the ability to work with Excel on an advanced level.
Duties And Responsibilities
  • Capturing of daily trades on the hedge file.
  • Checking and capturing of daily hedge admin orders.
  • Matching of hedge trades and updating Market to market prices daily.
  • Ensuring that all hedge related entries are done according to IFRS.
  • Monthly analysing and reporting on hedging and inventory to management.
  • Monthly stock counts, and review of inventory reconciliations.
  • Monitor and manage cash flow within the budget.
  • Cost management and inventory control
  • Compile audit file on hedging and inventory.
  • Review and approve journals and EFTs on a daily basis.
  • Perform reconciliations of trial balance accounts on a monthly basis.
  • Implementing & monitoring internal controls
  • Ensuring that the relevant operational and financial information is reported accurately and timeously.
  • Continuously liaising with internal departments, auditors, clients, and suppliers with regards to relevant transactions and services
Skills
  • Strong analytical skills.
  • Attention to detail.
  • Pro-active in solving problems.
  • Taking ownership of tasks.
  • Setting a high standard to deliver quality work.
  • Ability to work independently.
  • Time management.
  • People management.
  • Good communication skills.
Other Information
  • The company can expire jobs at any time at their own discretion.
  • VKB Group and/or its subsidiary companies will use any personal data collected through the job opportunities section of this website for recruitment purposes only and, should your application be successful, for purposes connected with your employment.
  • VKB Group is an equal opportunity employer. VKB Groups approved Employment Equity Plan and Targets will be considered as part of the recruitment process aligned to VKB Groups Employment Equity & Transformation Strategy. VKB Group actively supports the recruitment of People with Disabilities
  • Things to take note of when applying through our Career Portal.
  • Use Google Chrome when accessing the portal
  • Clear copy of your CV in either PDF or Word
  • The CV should not have handwriting on the document
  • NB! Only Submit your CV on the Upload CV section of the application form and not a PDF that includes other documents such as ID, Drivers License and other documents. The application form will make provision for the candidate to upload supporting documents.
  • When uploading profile picture, make sure the minimum size uploaded is 300 x 300px
Occupation:
Farming, forestry, fishing jobs


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