• Latest Job Announcement at FJAJobs Associates Limited

  • Posted on: 3 November, 2015 Deadline: Not Specified
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    Factory Finance Associate

     

    Description :    

    Position Purpose:
    The candidate will be responsible to support in performing the following assignments:

    - Take charge of continuously monitoring ITC payment to JTI SA (With full reconciliations)
    - Timely and accurate reporting to GSC Finace HQ
    - Ensure transparency over JTI Product costing manufactured by ITC,
    - Ensure adherance to GSC Policies & Procedures and internal controls in general,
    - Participate in safeguarding JTI investments (M&E, FG, SP and Materials inventories)
    - Provide assistance and support to Factory Finance Manager

    Main Areas of Responsibility:

    1. Perfome weekly / monthly follow up with ITC payment to JTI SA

    • Perfome weekly / monthly JTI SA AR reconciliations vs HL payment to ITC
    • Reconciliation of JTI SA Acc Receivable from ITC versus Materials at ITC
    • Follow up with all ITC Forex sourcing transaction and Telex copies
    • Report on ITC Credit Line & AR evolution including status of Overdue

    2. Month End Closing / Actuals reporting:

    • Support in performing monthly Actual Product Cost calculation for the JTI
    • Portfollio (4 brands, 4 SKUs) and Explain variances to Standard.
    • Prepare monthly reports for GSC Finance HQ
    • Prepare Conversion Cost make-up & variance trend analysis
    • Follow up GME postings made from Entity Finance to Factory Cost

    3. Product Cost Planning / VMCUnder the supervision of Factory Finance Mgr., prepare Standard Product Cost (VMC) during, and eventually in between (Launches), Planning cycles (A&SP, May & September LE, TDT), in an accurate and timely manner.

    4. CAPEX

    - Control the CAPEX operations from a Finance perspective, i.e. commissionning, Asset numbering, Depreciation, GlobCon Load etc.
    - Provide guidance and support on Capital Expenditure projects to facilitate the decision making process.
    - Ensure close follow-up on project development and where applicable, post-implementation assessement.

    5. GSC Pol & Procedures / Internal Controls

    - Support and assist Factory Finance Manager in maintaining adequate internal controls in order to safeguard full compliance with JTI Product Cost Policies & Procedures.
    - Closely monitor Spare Parts Management Inventory & Reporting
    - Attend Finish Goods and Materials inventory counts, reconcile with inventory records and follow-up on discrepancies.

    6. GSC & Market Management Support

    - Provide Costing expertise and assistance to Factory Finance Manager
    a) Participate in the review of Costing assumptions used by ITC for its Selling Price to JTI
    b) Review & validate ITC cross charges to JTI

    7. Other / Ad-hoc- As may be required, provide assistance during the M&E importation process (gathering of documentation, etc).

    - Handle special projects on Management request.
    - Mornitoring of Consignment Inventory (Locally purchase NTMs), Re-Order Level, Issues of Purchase Requisition and Tracking of delivery

    Qualifications :    

    • University degree, preferably in Finance or business administration
    • At least 3 year experience in finance, strong knowledge of Factory processes (preferably tobacco industry), strong analytical skills and experience in Financial Reporting & Planning. International environment.
    • Excellent knowledge of English language, written and spoken.
    • Computer Literate (MS Excel & MS Project) & SAP knowledge.

    FUNCTIONAL SKILLS:

    • Familiar with internal controls and other Factory Finance procedures
    • Knowledge of Accounting Software (SAP would be an asset).
    • Self starter able to work independently
    • Time management skills and ability to work under strict deadlines
    • Good communication and analytical skills
    • High degree of probity and integrity
    • Self-motivation, enthusiasm and desire to develop

    Method of Application

    Interested and suitably qualified candidates should send detailed CVs to irene@findajobinafrica.com

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