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Financial Controller

Stellenbosch, Stellenbosch, ZA

Company: COFCO International South Africa (Pty) Ltd Vacancy: Financial Controller

Location: Stellenbosch, South Africa Department: Finance

We are looking for an experienced and dynamic Financial Controller to oversee the financial functions within our Corporate Control division. This role is responsible for ensuring accurate and timely financial reporting, while supporting the best practices in accounting and financial management across all operations.

Key Performance Areas:

Financial month end reporting and reviews:
- Balance Sheet Integrity month end reconciliation
- Monthly Business & Operational Report
- Supporting schedules for the monthly consolidated financial reports
- IAS 21 accounting: foreign currency revaluation and translation
- Intercompany transactions and balances (including age analysis)
- SAP Year end closing
Selling, General and Admin (SGA):
- Monthly SGA management report
- Compile and submit the annual and monthly SGA budget figures
- Perform subsequent analysis of variances with prior year budgets and actuals
- Prepare regular forecasts and analyse deviations from the approved budget
- Daily SGA recons and payments and accruals
- Petty cash and Corporate Credit Cards and Employee claims
- All payroll journals and reporting
- Identify any cost saving initiatives and opportunities
Internal & External Audit:
- Ensure all audit findings are addressed and resolved.
- Implement required controls to prevent adverse audit findings.
Fixed assets:
- Fixed Assets Register and Asset counts
- CAPEX reporting
- IFRS16 accounting
- Companywide Insurance Register
- Compile and submit the annual and monthly CAPEX budget figures.
Team management:
- Management and training of the accounting team and their career development plans
- Development of back-up planning procedures, cross-functional and rotation plans
- Standard Operating Procedures and Policy documentation for key business processes
VAT calculations, review, submissions and tax authority audits
Other daily and monthly tasks:
- Group corporate recharges calculations and invoicing (shared services)
- Broker account reconciliations
- Daily bank processing, reconciliations and Group reporting
- Hedging instructions and supporting documentation
- Treasury: daily and monthly cash and debt reporting
- Payment and journal authorizations
- On-farm depot financial reviews and presentation to MD and CFO
Systems and innovation: Continuous drive for system and process enhancement and automation
Risk Management: continuously identify financial risks and implement the most appropriate internal control while adhering to all Company Policies and Procedures.
Perform back-up functions for the Reporting Controller and Snr. Corporate Controller as and when required.

Minimum Criteria:

- Qualified CA (SA
- 4 Years relevant experience in a similar role
- With two years’ experience in a leadership/people management role
- Computer Literacy (MS Excel – advanced)
- Fluent in English

Competencies

- Planning and organizing
- Leading and Supervising
- Relating and networking
- Presenting and communicating information
- Analysing and interpreting information
- Adapting and responding to change
- Delivering results and meeting customer expectations
- Writing and Reporting

Skills, Knowledge and Experience required:

- 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

Desirable skills

- Grain and Agri industry and commodities trading background
- Previous experience working for a multinational company
- SAP S4 Hana, SAP BPC

General

Office based in Techno Park, Stellenbosch.
Reports to the Senior Corporate Controller.
Market related base salary + provident and medical aid benefits.
Work model - Monday to Friday with ad hoc flexibility working from home.
Seasonal activities / harvest run from April to August.
December is financial year end.

How to apply

The company is offering a competitive salary with provident and medical benefits. Exciting incentive opportunities, a rewarding work environment, product and supply chain knowledge and exciting career growth opportunities for the right candidate.

Interested parties should submit a comprehensive CV and covering letter, outlining why you feel that you are suited to the position on the COFCO Careers website https://www.cofcointernational.com/careers/ by searching for vacancies in South Africa, licking on the listed positions available, and following the prompts when clicking “Apply” on the job description, and answering all related questions in full to complete your application.

Only applications submitted directly on the COFCO Careers website will be considered.

If you do not hear from us within 14 days of the date of application, please regard your application as unsuccessful. Only short-listed candidates will be moved through the Talent Pipeline and contacted.

The company appoint in line with our employment equity plan.

By contacting COFCO International South Africa (Pty) Ltd., you acknowledge and agree that COFCO International South Africa (Pty) Ltd. has a legitimate business purpose to collect and process your personal information (as defined in Protection of Personal Information Act 4 of 2013 and any amendments thereto (“POPIA”)) to review your personal information and to comply with its legal obligations. COFCO International South Africa (Pty) Ltd will process your personal information in accordance with POPIA and in accordance with and the purposes described in COFCO International South Africa (Pty) Ltd.’s privacy policy available at https://www.cofcointernational.com/data-privacy-policy/

You hereby confirm that you have read, understood, and agree with the terms of COFCO International South Africa (Pty) Ltd.’s privacy policy, and consent to the processing of your personal information.

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