Accountant - Free State Oil (Pty) Ltd, Head Office Reitz at VKB Group

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 EFT’s 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.

Closing Date 11 July 2023