# Accountant: Forex at Ackermans > South Africa · Unspecified · Other · open. Source: https://alderhq.app/jobs/teamtailor%3Aackermans%3A407fc2ca-49cb-41f7-9ef9-e117087d6f54 (read 2026-11-14). ## Facts (observed) - Company: [Ackermans](https://alderhq.app/companies/ackermans) - Location text: Cape Town, South Africa - Where it can be done from (inferred): South Africa (evidence: "Location: Cape Town, South Africa") - Posted: 2026-11-05 (9 days ago) - First seen by alder: 2026-11-10 · last verified: 2026-11-13 - Reposted: 0 times · edited: 0 times - Apply on the employer's site: https://careers.ackermans.co.za/jobs/8669929-accountant-forex ## Pay and sponsorship - Posted pay: not posted ## Description (the employer's text) We've got an exciting, brand new opportunity at Ackermans as a Accountant: Forex in our Finance Retail Accounting team. This role will manage and administer the total forex function, including technical accounting and other relevant compliance matters for Ackermans and the Pepkor Speciality retail brands. We're a fully in-office team. This role is based at our Support Centre in Kuils River, Cape Town. ### QUALIFICATIONS required ### Essential B.Comm or equivalent financial qualification ### Preferred B.Comm (Hons) or CIMA certification Articles of financial clerkship completed or in progress ### KNOWLEDGE required Knowledge of banks & financial institutions Ability to identify risks in financial processes Knowledge relating to foreign currency transactions and the financial accounting thereof. Good knowledge of general accounting principles & practice Experience with Budgeting, Forecasting, Costing & Profitability Analysis and Management Reporting Knowledge of various operational business cycles. ### EXPERIENCE & SKILLS required ### Essential Minimum 3 years’ relevant experience at an Accountant level. ### Preferred Retail experience will be an advantage. Experience in forex management will be an advantage. ### SKILLS required Ability to work under pressure High Levels of computer literacy – advanced Excel Attention to detail Deadline driven Excellent time management, planning & organising skills Ability to work independently as well as in a team Performing detailed financial analysis & forecasting Problem solving Sound numerical and analytical skills Prioritising multiple tasks Good communication skills ### KEY RESPONSIBILITES ### 1) Forex Management 1.1) Forward cover buying To ensure compliance with, and relevance of, Group forex policy Timely execution & recording of forward cover purchases & subsequent settlement thereof Monthly and ad-hoc reporting of forward cover position Accuracy of quarterly hedge accounting (including tax calculations on affected contracts) Timely communication of all relevant exchange rates and ensuring all systems reflect the correct rates 1.2) Forecasting & Budgeting Accurate forecasting of forex impact on I/S & CFC account balances Budgeting of currency differences for annual budget 1.3) Risk Management Assess opportunities for systemization and process enhancements Constant evaluation of most effective forex products & structures to be used Ensure optimum utilisation of Rand invoicing through engagement with Supply Chain 1.4) Forex requirements • Engagement with relevant stakeholders (internal & external) to obtain, maintain & critically assess the forward cover requirements. 1.5) Reconciliations Perform monthly reconciliations of forex accounts. Ensure only valid reconciling items appear on the reconciliations and that the reconciling items are cleared timeously. 1.6) General Perform relevant research and technical analysis, including the attendance of economic presentations. Continuously assess the impact of market news & events on our forward cover buying strategy. Attend to all month end, year-end & external audit matters ### 2) Stakeholders 2.1) Internal & External Understanding relevant business needs and interpreting the impact and requirements from finance Build and manage good relationships Manage & build relationships with external & group service providers. --- Data: alder (https://alderhq.app). Cite https://alderhq.app/jobs/teamtailor%3Aackermans%3A407fc2ca-49cb-41f7-9ef9-e117087d6f54 and the date you read it. Observed facts come from the employer's own listing; location reach, level, family and skills are inferences.