Financial Controller: Stellenbosch - COFCO International



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COFCO International Accounting / Finance Jobs in Western Cape


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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.


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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.


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