Job Description

Stellenbosch, Stellenbosch, ZA



COFCO International is a global agri-business with a clear vision, strong values and a positive culture, focused on being a leader in the global grains, oilseeds and sugar supply chains. We provide the food the world needs in a responsible way. Headquartered is Geneva, Switzerland, we are ambitious, with the right structures and culture to meet the world's increasing and changing needs. With 11,000+ people in 35 countries, our global portfolio includes assets across the Americas, Europe, Africa, Middle East, and Asia-Pacific. We trade with over 50 nations, while providing farmers unique direct access to the growing Chinese market.



Responsibilities

1. 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.

2. 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.

3. Budget and forecasts:

Annual and monthly OPEX, CAPEX and Balance Sheet.



4. 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.

5. Accounts Payable and Receivable Management:

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

6. 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.

7. 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.

8. Assets:

Fixed asset maintenance and counts;



IFRS16 leases;



Insurance.

9. 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.



10. 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.

11. 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.

12. System enhancements:

contribute to successful implementation as per the project plan. Continuously improving the month end reporting process to ensure all deadlines are adhered.



13. 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.



COFCO International is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, national origin, disability status, protected veteran status or any other characteristic protected by law.



Please refer to our Candidate Privacy Notice to know how COFCO collects and processes your personal data during your job application.