Senior Corporate Controller at COFCO International

Responsibilities

Month end reporting and consolidation:

• Responsible for Group Consolidation, reporting and follow-up queries;
• Present financial analytics as per Group Key Performance Indicators;
• Monthly Business & Operational Review (MBOR) Presentation for all balance sheet related figures;
• Review of Balance Sheet Integrity month end reconciliations.

Direct and Indirect Tax – Sub-Sahara Africa (SSA):

• Corporate income taxDeferred tax;
• Transfer Pricing;
• Corporate Recharges receivable & payable (shared services);
• Monthly VAT review and submissions;
• Tax optimisation.

Budget and forecasts:

• Annual and monthly OPEX, CAPEX and Balance Sheet.

Annual Financial Statements (AFS) and Annual External Audit:

• SAP year end close;
• Preparation of the AFS in line with IFRS and Group Accounting Manual;
• Key contact person for the annual interim and external audit.

Accounts Payable and Receivable Management:

• Accurate and timeously payments of all trade and non-trade related payments.

Credit Management:

• Credit applications and credit terms;
• Local and Group invoice discounting (working capital optimisation);
• ECL provisions and annual review as per IFRS9 (simplified method);
• Credit insurance (COFACE) management.

Selling, General and Admin (SGA):

• Monthly SGA management report (budget versus actual and forecast);
• All payroll journals and reporting;
• Petty cash and corporate credit cards;
• Cost saving initiatives.

Assets:

• Fixed asset maintenance and counts;
• IFRS16 leases;
• Insurance.

Other corporate accounting functions, including:

• IAS 21 accounting: foreign currency revaluation and translation;
• Intercompany transactions and balances;
• Broker account reconciliations;
• Hedging instructions;
• Bank processing, recons and group reporting;
• Treasury: daily and monthly cash and debt reporting;
• Perform daily payment approvals.

Team management

• Responsible for professional development of the Corporate Control team members;
• Manage team members by providing guidance and training;
• Ensure team completes daily and monthly deliverables in line with Local and Group deadlines.

Internal Control Governance & Risk Management:

• Key contact person for Internal Audits, ensure all findings are adequately resolved;
• Quarterly submission of the Risk and Opportunities Report (ROR) to Group;
• Champion Finance Policies and Procedures;
• Continuously identify financial risks and implement the most appropriate internal control;
• Adhere to all Company Policies and Procedures.
• System enhancements: contribute to successful implementation as per the project plan. Continuously improving the month end reporting process to ensure all deadlines are adhered.
• Any other ad-hoc accounting tasks and requests as and when required.

Requirements

• Qualified CA (SA) with at least 5 to 10 years’ post article experience;
• Computer Literacy (MS Excel – advanced);
• Fluent in English;
• Demonstrate experience in: IFRS reporting and technical accounting, Financial analysis & Direct and indirect tax disciplines;
• Leadership and team management and development;
• Excellent presentation and communication skills;
• Numerical reasoning and problem-solving skills;
• Excellent people management and leadership skills;
• Planning, organising and excellent time management skills;
• Critical thinker with emotional resilience.