Trader’s Assistant – Free State Oil (Pty) Ltd, Head Office at VKB Group

  • Project Management Jobs In South Africa
  • Full time
  • 2 months ago
  • South Africa
  • Salary Rand 18000-20000 / Monthly
  • Shift Full Time
  • Job Qualifications Grade 12
  • Job experience 3 years
  • Job level Officer

Job Description

VKB Group suitably invites qualified and experienced candidates for the Trader’s Assistant – Free State Oil (Pty) Ltd, Head Office at to join our dynamic team.

Duties & Responsibilities

The successful applicant will be responsible for but not limited to the following job functions:

What you’ll do

  • Monitor and manage expenses.
  • Post daily Mark to Market, Initial Margin & Booking Fee journals.
  • Monitor and manage expenses related to trading that includes Brokerage Fees and Variation Margin.
  • Comply to VKB’s Risk Management policy.
  • Continuously monitor and report on the progress and availability of stock on contracts.
  • Verify the accreditation process to ensure FICA documents of all clients and suppliers are in place before the transaction takes place.
  • Reconcile of Purchase Orders, loading sheets, Raw Materials and Finished Goods
  • Review external load sheets to ensure correctness.
  • Ensure correctness of reconciliations and timeous distribution to the relevant personnel.
  • Review the Hedge- & Sales Admin orders and report deviations from normal business practice to the Financial Manager.
  • Report recon items on stock reconciliations to ensure that they are resolved timeously.
  • Continuous liaison with internal departments with regards to relevant transactions.

 Required Knowledge and Experience

We pride ourselves with having the best people, which are our most important assets. Our company has been recognized for having the highest ethics and strives for excellence through distinctly higher standards than the norm.

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We therefore urge only candidates with these unique requirements and experience to apply for this stimulating position.

  • Grade 12/ NQF4
  • Proficient in MS Office with the ability to work on EXCEL on an advanced level
  • 3 Year’s previous experience in a financial administrative role
  • Proven understanding of financial transactions

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How to apply: Interested and qualified? Visit vkb.simplify.hr Africa South

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