Financial Controller CS Services - ContiTech at Continental

• The ContiTech group sector develops and manufactures, for example, cross-material, environmentally friendly and intelligent products and systems for the automotive industry, railway engineering, mining, agriculture and other key industries. Guided by the vision of “smart and sustainable solutions beyond rubber,” the group sector draws on its long-standing knowledge of the industry and materials to open up new business opportunities by combining various materials with electronic components and individual services.

Job Description
ACCOUNTING

• Take ownership and responsibility for full accounting function of CS Services (including Industrial Hose and Replacement Hose), Contitech Botswana and Veyance Technologies Zambia (including drawing up Annual Financial Statements.) within strict designated daily and monthly deadlines.
• Monitor and follow up on all inter-company aging of customer and vendor transactions with Manila IC
• Accurately apply mathematical principals to calculate appropriate taxes ( VAT) within different countries.
• Assist in month end closing by raising accruals and journal entries.
• Review month end journal entries posted by certain South Africa accounting staff.
• Reconcile certain general ledger accounts on Blackline, follow up and correct discrepancies.
• Verifying the accuracy of financial information processed by Manila Team. This involves checking the account and cost center assignment, to assure charging the appropriate account and cost centre and profit centre.
• Accurately file and maintain records after processing and ensures ease of retrieval as needed.
• Perform analytical reviews on month end results
• Provide instructions for IC Service entries / billings if branches perform work in other entities.
• Responsible for ensuring the accuracy and completeness of the financial results of CS SERVICES (incl Industrial Hose and Replacement Hose) operations
• Ensure accurate segment accounting across subsidiary and head office for CS SERVICES.
• Prepare accurate monthly journals to allocate service charges and profit share across head office and subsidiaries in accordance with shareholders' agreement
• Ensure correct treatment of RoU Assets and liabilities (IFRS16)

BUDGETING AND FORECASTING:

• Responsible for all budgeting and monthly FC for CS SERVICES
• Ontime uploading of FC and Budget within strict corproate deadlines.
• Calculate annual sales cost factors and MTP prices
• Preparation and presentation of Budget to mancom and BU

CONTROLLING:

• Back-up to CS EMEA and PTG Controller & Plant Controller
• Assist and manage other projects as needed.
• Display creativity by developing new and streamlined methods of accomplishing assigned tasks as needed
• Perform all Equalization calculations and upload into tool within deadlines and oversee subsequent invoicing process
• Perform variance analysis for reporting purposes for each month end close
• Supervise Finance Accountant and GBS Manila Service centre associates (virtuall).
• Inform finance team of any updates from Corporate Accounting / Controlling / FIRE/ GTC team
• Review TX Matching data compiled by GBS
• Ensure timeous monthly FIRE FC and ACTUALS
• Prepare monthly detailed product profitability reports for local mancom
• Assist with Group FIRE NOTES POSITION and other reporting on monthly basis
• Submit timeous IT FIRE reporting
• Prepare instructions for Fixed Asset capitalizations for Service Branches
• Ensure compliance with Contitech Fixed Asset Accounting Policy (Oversee e yearly fixed asset counts)
• Ensure compliance with Contitech Inventory stock count policy

BUSINESS SUPPORT:

• Provide financial and operational support for the SERVICES sales team and extract information for monthly management reports
• Calculate commission payable to branch agents and submit for approval and payment to branch companies.
• Administer Operational leases schedules
• BAck up for invoice approvals - excercise judgement in evaluating completeness and accuracy of invoices submitted for payment, including discrepancies identification, determination and implementation of corrective action to resolve errors of self and others involving GL account numbers and cost centre assignments.
• Supervise Botswana accounting clerk
• Ensure payment on timely manner to avoid disruption in suppliers
• REsearch discrepancies in payments and vendor billngs and effect problem resolution where necessary on daily basis for African subsidaries
• Oversee and asssist with managing past dues for service companies
• Assist with obtaining statutory documents for tender purposes
• Drive cost savings and load respective monthly savings into SPRINT tool
• Perform annual MySuccess reviews
• SAP support
• Support WOC initiatives and monthly meetings

TAXATION:
As Public Officer for Contitech Services, handle all coresspondance and interaction with SARS

• Ensure compliance with all tax legislation (VAT, Income tax, Dividend tax, Provisional tax, Tax Administration Act, etc.)
• Review monthly VAT201 before deadline and oversee VAT reasonability recons.
• Perform Income and deferred tax calculations.
• Ensure deadlines are met for all tax returns and payments
• Submit all tax audit supporting documentation to SARS
• Timeous and accurate GTC submissions in FIRE

TREASURY

• Oversee Treasury functions for African subsidaries
• Authorised signatory for payment processing
• Authorised signatory for inward FX receipts and outward FX spot payment
• Submit accurate and timeous quarterly FX exposure reports
• Submit accurate and timeous monthly CLP (Corporate Liquidity Planning reports) for the group
• Oversee / support Manila with monthly BaF reporting

REPORTING

• Prepare monthly branch profit and loss summaries for ALL agents and mancom.
• Ensure timeous monthly FIRE FC and ACTUALS submissions
• Assist with Group FIRE NOTES POSITIONS and other reporting on monthly basis
• Accurate and timeous weekly FRT sales tracking report

COMPLIANCE
Ensure that all areas of responsibility comply with internal Contitech policies, FRM, IFRS and South African legislation (i.e. Companies Act)

• Assist African companies with maintaining statutory records
• Coordinate, complete and oversee year-end financial year end audits for all entities
• Assist with quarterly & monthly sales Stats SA reports
• Implement, Monitor and Maintain Required Internal Controls to Mitigate Financial Risks of the Company
• Perform controlling counter-signatures in terms of P20.1 policy (incl eSign, CEOS, Tangro etc tools}

Qualifications

• Education: Bachelors Degree in Accounting + CA(SA)

Skills/ Knowledge:

• Expert knowledge on International Financial Reporting Standards
• Good Analytical Skills
• Expert Excell Skills
• Good Business Acumen
• Professional experience: min 3-4 years in Controlling
• Project/Process experience: At least 10 years experience in financial accounting. Project Management skills needed.
• Leadership experience: Team leading experience, facilitation skills, drive and a high level of determination, assertiveness
• Intercultural / International experience: Experienced to work in a diverse and international business environment