Job Description: Responsibilities & Requirements
Main Purpose:
Financial Controlling
KEY RESPONSIBILITIES:
Margin analysis
- Monthly reporting of reliable business margin through correct inventory valuation and proper rationalisation of segmentation performance vs in-country principles (price structure).
- Preparation of monthly customer and site profitability.
- Price updates and discount review: Review price updates for new customers and discounts for reasonability/ accuracy/competitiveness before they are input into the system by the price analysts.
Reporting
- Prepare daily controls
- Prepare weekly volume flash and bi-weekly flash report
- Ensure timely and accurate reporting of country financial results (Full P&L, Line of business and FX reviews)
- Preparing monthly reporting packs for the country performance reviews
- Review fixed cost by account and cost centres to ensure that they are reasonable and spending is within budget and that all exceptional items are properly explained
- Focus on providing quality information to the Business with a proper explanation for all the elements of the P&L
- Propose new actions for the business in order to be more efficient
- Prepare a 3-month rolling cash flow in conjunction with the treasury
- Drive ad-hoc analysis as required by the business
- Review stock positions monthly
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Budget and Plan
- Prepare annual P&L budget and strategic plan according to group timelines
- Deliver quality budgets on time with the alignment of numbers with key stakeholders stating clear assumptions and cross-checking of anchor points
- Preparation of the annual CAPEX budget
Capex/Investment review
- Ensure adherence of procurement procedures relating to CAPEX
- Ensure CAPEX budget is adequately utilized by running bi-weekly Capex calls
- Ensure accurate CAPEX reporting (Actual and forecast)
- Review of projects prior its approval as per DOA
- Perform business case analysis (P&L, DCF, IRR, etc)
Tax
- Comply with all Group, Statutory and Regulatory requirements of the company, such as Financial Statements and Monthly regulatory reporting eg Petroleum Activities Reports (PAR), Slate, Compensation recoveries
- Liaise with the tax team to ensure Tax reporting is correct.
- Ensure that all compliance requirements are submitted accurately and on time.
Ad-hoc
- Provide reports/recommendations to management on any control issues.
- Ensure that the company’s control framework is effective and fit for purpose and that it is aligned with the Group’s Control Framework
- Assist in providing information for statutory and internal audits in line with set timelines
- Assist the FM in enforcing controls including DOA compliance
Key Relationships and Department Overview:
- Country GM, Country Finance manager, Commercial teams, Accounting, Treasury, Tax, Regional management Regional finance, global stakeholders
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Main Purpose:
Financial Controlling
KEY RESPONSIBILITIES:
Margin analysis
- Monthly reporting of reliable business margin through correct inventory valuation and proper rationalisation of segmentation performance vs in-country principles (price structure).
- Preparation of monthly customer and site profitability.
- Price updates and discount review: Review price updates for new customers and discounts for reasonability/ accuracy/competitiveness before they are input into the system by the price analysts.
Reporting
- Prepare daily controls
- Prepare weekly volume flash and bi-weekly flash report
- Ensure timely and accurate reporting of country financial results (Full P&L, Line of business and FX reviews)
- Preparing monthly reporting packs for the country performance reviews
- Review fixed cost by account and cost centres to ensure that they are reasonable and spending is within budget and that all exceptional items are properly explained
- Focus on providing quality information to the Business with a proper explanation for all the elements of the P&L
- Propose new actions for the business in order to be more efficient
- Prepare a 3-month rolling cash flow in conjunction with the treasury
- Drive ad-hoc analysis as required by the business
- Review stock positions monthly
ADVERTISEMENT
CONTINUE READING BELOW
Budget and Plan
- Prepare annual P&L budget and strategic plan according to group timelines
- Deliver quality budgets on time with the alignment of numbers with key stakeholders stating clear assumptions and cross-checking of anchor points
- Preparation of the annual CAPEX budget
Capex/Investment review
- Ensure adherence of procurement procedures relating to CAPEX
- Ensure CAPEX budget is adequately utilized by running bi-weekly Capex calls
- Ensure accurate CAPEX reporting (Actual and forecast)
- Review of projects prior its approval as per DOA
- Perform business case analysis (P&L, DCF, IRR, etc)
Tax
- Comply with all Group, Statutory and Regulatory requirements of the company, such as Financial Statements and Monthly regulatory reporting eg Petroleum Activities Reports (PAR), Slate, Compensation recoveries
- Liaise with the tax team to ensure Tax reporting is correct.
- Ensure that all compliance requirements are submitted accurately and on time.
Ad-hoc
- Provide reports/recommendations to management on any control issues.
- Ensure that the company’s control framework is effective and fit for purpose and that it is aligned with the Group’s Control Framework
- Assist in providing information for statutory and internal audits in line with set timelines
- Assist the FM in enforcing controls including DOA compliance
Key Relationships and Department Overview:
- Country GM, Country Finance manager, Commercial teams, Accounting, Treasury, Tax, Regional management Regional finance, global stakeholders