Energy and Risk Accountant

In brief

**Overview** This role is for an Energy and Risk Accountant at SoluGrowth (Pty) Ltd. The position is focused on financial accounting, reporting, energy trading support, pricing analysis, and risk management, particularly concerning petroleum products, commodity trading, and financial instruments. **What you will do** * Prepare and review month-end and year-end financial results related to trading, inventory, pricing adjustments, and hedging activities. * Account for petroleum product inventory in line with IFRS and company policy (including stock revaluations, timing differences, and losses). * Ensure accurate cost allocation across refineries, depots, pipelines, and retail/wholesale operations. * Support statutory reporting, audits, and management reporting packs. * Account for physical and derivative trades (e.g. swaps, futures, options) relating to crude oil and refined products. * Reconcile trading systems to the general ledger. * Support regulated fuel price calculations and recoveries (e.g. Basic Fuel Price components). * Monitor margin movements across supply, trading, and marketing portfolios. * Measure and report market risks (price, foreign exchange, inventory exposure). * Support hedge effectiveness testing and valuation of financial instruments. * Monitor exposure limits and produce risk dashboards for management. * Ensure compliance with internal risk frameworks and delegated authorities. **Requirements (from the original advert)** * Bachelor’s degree in Accounting, Finance, or a related field * Minimum 3–5 years’ relevant experience in financial accounting, reporting, or financial control. * Strong knowledge of month-end reporting, general ledger reconciliations, inventory accounting, cost allocation, and financial reporting. * Understanding of IFRS and the accounting treatment of inventory and financial instruments. * Exposure to commodity trading, derivatives, fuel pricing, hedging, or trading margin analysis. * Understanding of market risk, foreign exchange exposure, internal controls, and risk reporting. **Who should apply** An ideal candidate will hold a Bachelor's degree in Accounting, Finance, or a related field, coupled with at least 3-5 years of relevant experience in financial accounting, reporting, or financial control. They should possess strong knowledge of core accounting functions such as month-end reporting, general ledger reconciliations, inventory accounting, cost allocation, and financial reporting, alongside a solid understanding of IFRS and the accounting treatment of inventory and financial instruments. Furthermore, the candidate should have exposure to commodity trading, derivatives, fuel pricing, hedging, or trading margin analysis, and an understanding of market risk, foreign exchange exposure, internal controls, and risk reporting. **Deadline** Not specified **Reference** Original posting: https://www.jobmail.co.za/jobs/engineering/petro-chemical/gauteng/energy-and-risk-accountant-id-7602064 Source: jobmail

Summary drafted with AI assistance from the original advert. The advert itself is the authority — how we use AI.

At a glance

• At least 3 years of experience.

• IFRS

Extracted automatically from the advert; confirm requirements on the original listing.

Job description

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