Financial Controller: Stellenbosch - COFCO International

Main responsibilities (key performance indicators)

Financial Reporting:

• Review of Balance Sheet Integrity month-end reconciliation.
• Review of Monthly Business & Operational Report (MBOR) related to all Selling, General and Admin (SGA) items.
• Review of Monthly SGA management report.
• Submit supporting schedules for the monthly consolidated financial reports.

Annual budget and forecasts:

• Compile and submit the annual and monthly CAPEX and SGA budget figures.
• Perform subsequent analysis of variances with prior year budgets and actuals.
• Prepare regular forecasts and analyse deviations from the approved budget.

Internal & External Audit:

• Ensure all audit findings are addressed and resolved.
• Implement required controls to prevent adverse audit findings.

Day-to-day management and oversight of:

• VAT calculations, review, submissions and tax authority audits
• Intercompany transactions and balances (including age analysis)
• Group corporate recharges calculations and invoicing (shared services)
• Broker account reconciliations
• Companywide Insurance Register
• Daily SGA recons and payments and accruals
• Fixed Assets, CAPEX (budget and reporting), and IFRS16 accounting
• IAS 21 accounting: foreign currency revaluation and translatio

Daily bank processing, reconciliations and Group reporting

• Hedging instructions and supporting documentation
• Petty cash and Corporate Credit Cards
• Employee claims
• All payroll journals and reporting
• Treasury: daily and monthly cash and debt reporting
• SAP year-end closing

Systems: Responsible for continuous enhancement and process improvement

• Other daily and monthly tasks:
• Payment and journal authorisations
• Ensure that all month-end deadlines are met.

Minimum Qualifications and Experience

• Relevant financial and accounting qualification with at least three years’ experience in a leadership/people management role.