Reporting Controller

COFCO International; South Africa; On-site; ZAR 1,000,000 - 1,350,000; Full time

Job summary

COFCO International in SA seeks a Reporting Controller to ensure timely, accurate financial reporting, consolidation, and analysis for SSA entities. You will maintain strong controls, manage tax computations, and drive process improvements within a multinational agri-business context.

The role requires a CA(SA) with at least 2 years post articles, strong IFRS knowledge, and hands-on experience with SAP tools. A market-related package and provident fund benefits are offered.

Qualifications

• Qualified CA (SA) with at least 2 years’ post article experience.
• Demonstrated IFRS reporting and technical accounting knowledge.
• Experience in direct and indirect tax disciplines.

Responsibilities

• Month end reporting and consolidation with group deadlines.
• Reconcile back-end systems and consolidate figures accurately.
• Prepare MBOR presentation for balance sheet figures.
• Manage SSA corporate income tax and deferred tax calculations.
• Coordinate transfer pricing with Tax Consultant.
• Prepare IFRS-based Annual Financial Statements and support external audit.
• Maintain balance sheet integrity reconciliations and improve processes.
• Assist with daily payment approvals and back-up to controllers.

Skills

IFRS reporting

Financial analysis

Tax disciplines

Analytical thinking

Planning & organising

Attention to detail

Communication skills

Education

CA(SA) with 2+ years post article

Tools

Excel

SAP S4 Hana

SAP BPC

Caseware

Job description

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 in Geneva, Switzerland, we are ambitious, with the right structures and culture to meet the world’s increasing and changing needs. With 12,000+ 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.

Reporting Controller

Vacancy: Reporting Controller

Department: Finance

Contract: Permanent

Job purpose

To ensure accurate and timely financial reporting, consolidation, compliance and analysis while maintaining balance sheet integrity and effective financial controls across the SSA entities.

Minimum qualifications and experience

Qualified CA (SA) with at least 2 years’ post article experience.

Main responsibilities (key performance indicators)

• Month end reporting and consolidation:
  • Timely and accurate consolidation as per Group deadlines and reporting requirements.
  • Accurate reconciliation between all back-end systems and final consolidated figures.
  • Distribution of consolidation pack to Management for review and sign-off.
  • Accurate calculation of financial analytics as per Group Key Performance Indicators (KPIs), and interpretation thereof.
  • Daily year-on-year and month-on-month detailed comparisons to identify and investigate any discrepancies and/or anomalies.
  • Prepare the Monthly Business & Operational Review (MBOR) Presentation for all balance sheet related figures, per business unit.
• Direct and Indirect Tax – Sub-Saharan Africa (SSA) Companies:
  • Corporate income tax: accurate calculation and submission of provisional and final assessments, including monthly estimates.
  • Deferred tax: accurate calculation of the monthly and annual deferred tax balance.
  • Transfer Pricing: liaise with Tax Consultant to draft and submit the annual Transfer Pricing Local File.
  • Corporate Recharges receivable: accurate calculation of the annual Corporate Recharges receivable.
  • Corporate Recharges payable: ensure all supporting required documentation is prepared and submitted for SARB payment approvals, including Audit Reports.
  • Tax optimisation: SSA companies’ assessed losses adequately are utilized to manage optimal corporate tax liabilities.
• Budget and forecasts:
  • Submission of all budget items (OPEX, CAPEX, Balance Sheet and Working Capital).
  • Prepare and compile the annual budget of all Balance Sheet items, including the Presentation to Group.
  • Perform subsequent analysis of any variances with prior year budgets and actuals.
  • Prepare regular working capital forecasts and analyse deviations from the approved budget.
• Annual Financial Statements (AFS) and Annual External Audit:
  • Responsible for the preparation of the full IFRS AFS.
  • Ensure the SSA companies’ accounting treatment are in line with IFRS and Group Accounting Manual.
  • Clean external audit – all previous control deficiencies resolved (no repeat audit findings) and AFS are signed within the Group deadline.
• Balance Sheet (BS) Integrity reconciliations: prepare and review certain BS reconciliations.
• System enhancements: contribute to successful implementation as per the project plan. Continuously improving the month end reporting process to ensure all deadlines are adhered.
• Risk Management: continuously identify financial risks and implement the most appropriate internal control. Adhere to all Company Policies and Procedures.
• Perform daily payment approvals.
• Perform back-up functions for the Financial Controller and Corporate and Asset Controller.
• Any other ad-hoc accounting tasks and requests as and when required.

Essential skills

• Demonstrate experience in:
  • IFRS reporting and technical accounting
  • Financial analysis
  • Direct and indirect tax disciplines
• Computer Literacy (MS Excel – advanced)
• Aptitude for continuoussystem enhancements and automation.
• Ability to adapt to change.
• Numerical reasoning and problem-solving skills.
• Ability to work under pressure while always maintaining excellent attention to detail and a high degree of accuracy.
• Excellent presentation and communication skills.
• Ability to work collaboratively at all levels within the business and within a team environment.
• Planning, organising and excellent time management skills.
• Knowledge of Transfer Pricing.
• Previous experience working for a multinational company.
• Knowledge of what constitutes best practice regarding consolidated financial reporting.
• SAP S4 Hana
• SAP BPC
• Caseware
• Grain and Agri industry and commodities trading background.
• Analysing
• Planning and Organising
• Delivering Results and Meeting Expectations
• Following Instructions and Procedures
• Applying Expertise and Technology
• Adapting and Responding to Change

General

Reports to Corporate and Asset Controller.

Salary is market related basic salary with provident fund and medical aid benefits.

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.