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  • Posted: May 24, 2024
    Deadline: Not specified
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Philip Morris International Inc (PMI) is the leading international tobacco company, with six of the world’s top 15 brands including the number one cigarette brand worldwide. PMI’s products are sold in more than 180 markets. We are here to give you a view #insidePMI. We are not here to promote our brands/products. By using our LinkedIn page, you a...
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    Snr Accounting & Treasury Analyst

    Your ‘day to day’

    Statutory Financial Statements and Reporting

    • Lead and coordinate the annual Financial Audit by PWC resulting in preparation and publication of the statutory financial statements for all relevant South African entities (x3 + group) in compliant to local company acts and ensure completeness, accuracy, timeliness and a smooth audit process, resulting in an unqualified auditor's opinion. Additionally ensure the preparation of all related information for Statistics South Africa (STATSA), CIPC etc enabling the company to fulfill their legally required reporting roles.

    Accounting, Reporting and Month End Closing

    • To ensure that the processing of all accounting entries and the underlying transactions within the responsibility of the Financial Analyst (Manual Journals, Advanced Payments & Sundry Sales) are performed in accordance with the appropriate accounting standards i.e., US GAAP and in accordance with a standard costing system. This includes providing advice and support to business units on the correct treatment/codification of their transactions as per PMI Chart of Accounts.
    • Ensure all balance sheet variance reporting for internal purposes are done monthly, quarterly, and annually as per PMI reporting instructions. Handle operational activities such as month end closing process for Accounting Dept while supporting Treasury, Accounts Receivables, and other Fleet & Insurance related activities.

    Fixed Assets & Long-term Lease Management

    • Lead the company's Fixed Assets Management policy by supporting Asset Owners in leading the lifecycle of Fixed Assets from creation to disposal. Oversee the regular physical verifications of Fixed Assets through responsible departments and ensure accurate asset register is kept in line with internal Policy & Practice.
    • Ensure correct long-term leases are recognized as per IFRS 16 by coordinating with business counterparts and submitting records of qualifying leases into the SLAN platform


    • Oversee all corporate credit card activities working hand in hand with IBS Teams
    • Coordinating Fleet Credit facility with various banks
    • Coordinating Insurance policies with various institutions & support claims processes
    • Ensuring Signatories for fleet is maintained and updated with the various banks
    • Ensuring that budgets for fleet is set annually, and that actual lease and fuel costs are allocated in accordance with the fleet list.
    • Ensuring lease contracts are maintained in accordance with IFRS 16
    • Participate and support IBS Treasury Teams in activities like Dividends Payments, Funds allocations to correct COA


    • Support yearend Accruals process lead by IBS Cost Controlling
    • Support SAP Pricing Masterdata activities lead by IBS Masterdata team
    • Perform financial analysis on ad hoc basis based on requests received from different collaborators

    Who we’re looking for

    • Bachelors in Finance, Professional Accounting Qualification like CA, ACCA,or CIMA advantageous
    • A minimum of 3 years’ experience in external audit & 2 years commercial experience ideally in a FMCG/costing environment
    • Knowledge in Accounting Principles, Knowledge in Financial Analysis (Balance Sheet and P&L)
    • Experience in SAP (Medium) and Excel (Advanced) required

    Method of Application

    Interested and qualified? Go to Philip Morris International on to apply

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