Junior Trade Accountant

COFCO South Africa (PTY) LTD 

Job Title: Junior trade Accountant - Crush

Department: Finance

Location: Stellenbosch
 

JOB DESCRIPTION
 

This is a dynamic, high-visibility role that requires a hands-on approach and a strong commitment to working closely with traders daily. The incumbent will be engaged in a diverse range of responsibilities, from routine data capturing and daily P&L reporting to FX hedging and accounting. The role offers the opportunity to contribute directly to key financial operations, requiring adaptability, attention to detail, and the ability to manage multiple priorities in a fast-paced environment.

Essential Criteria 

• Afrikaans and English Language
• Bachelor’s degree in accounting/finance
• Exposure to the agriculture industry background will be given preference  
• Minimum of 2 years’ work experience  

 Main Responsibilities

• Daily Pnl

• Compile daily trade Pnl.
• Review position and market price to ensure accuracy of Pnl.
• Prepare supporting schedules according to monthly close schedule.
• Prepare Commercial Reports
• Ensure accurate recording and analysis of transactions.
• Perform daily and monthly reconciliations between the PNL and general ledger.

• Brokers

• Entering of daily SAFEX trades into front office trading system
• Review, Analise & Reconcile Brokers Accounts
• Posting of Monthly Journals
• Prepare supporting schedules according to monthly close schedule.
• Prepare Commercial Reports

• FX

• Involvement 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.

• SAP (ERP) System Management for Month end reporting

• Generate and distribute month-end financial reports from the SAP system.
• Process journal entries and ensure accurate financial data recording.
• Perform ad-hoc financial analyses and reporting as needed

• Balance sheet Management

• Monthly balance sheet reconciliation

• Assisting with Annual Audit (Internal & external) 

• Assist in all Audit Queries  
• Liaise with Auditors regarding all things Crush 
• Ensure no repeat audit findings are recorded

• Data validation and integrity
• Execute usual accounting functions, which include operating the general ledger system and month-end close responsibilities.
• Ad hoc duties as required

• Essential skills 

• Ability to work cross functional with all teams 
• Excellent written and verbal communication skills 
• Computer Literacy (MS Excel – advanced) 
• Aptitude for continuous system enhancements and automation 
• Numerical reasoning and problem-solving skills 
• Ability to work under pressure while always maintaining excellent attention to detail and high a degree of accuracy. 

• Desirable skills 

• Grain and Agri industry and commodities trading background 
• SAP financial modules experience  
• Ability to work independently with minimal review required 
• Planning, organizing and excellent time management skills 
• Critical thinker with emotional resilience to overcome obstacles 

How to apply

The company is offering a competitive salary with provident and medical benefits.  Exciting incentive opportunities, a rewarding work environment, product and supply chain knowledge and career growth opportunities for the right candidate.

Interested parties should please submit a comprehensive CV and covering letter, outlining why you feel that you are best suited to the position on the COFCO Careers website https://www.cofcointernational.com/careers/ by searching for vacancies in South Africa, clicking on the listed positions available, and following the prompts when clicking “Apply” on the job description, and answering all related questions in full to complete your application.

Only applications submitted direct on the COFCO Careers website will be considered.

If you do not hear from us within 21 days from date of application, please regard your application as unsuccessful.

Only short-listed candidates will be moved through the Talent Pipeline and contacted.

Privacy Policy

By contacting COFCO International South Africa (Pty) Ltd., you acknowledge and agree that COFCO International South Africa (Pty) Ltd. has a legitimate business purpose to collect and process your personal information (as defined in Protection of Personal Information Act 4 of 2013 and any amendments thereto (“POPIA”)) to review your personal information and to comply with its legal obligations. COFCO International South Africa (Pty) Ltd will process your personal information in accordance with POPIA and in accordance with and the purposes described in COFCO International South Africa (Pty) Ltd.’s privacy policy available at https://www.cofcointernational.com/data-privacy-policy/  You hereby confirm that you have read, understood and agree with the terms of COFCO International South Africa (Pty) Ltd.’s privacy policy, and consent to the processing of your personal information. Preference may be given in line with our Employment Equity plans

COFCO International is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, national origin, disability status, protected veteran status or any other characteristic protected by law.   www.cofcointernational.com

Please refer to our Candidate Privacy Notice (https://www.cofcointernational.com/data-privacy-center/global-candidate-privacy-policy/) to know how COFCO collects and processes your personal data during your job application.