Summary
Date Posted: Wednesday, April 03 2024, Base Salary: Not Disclosed

JOB DETAILS:
Job Purpose
The successful candidate will be responsible for the month end procedures of providing accurate, reliable, and complete historic financial information to all stakeholders timeously.

Specific Duties and Responsibilities
• Prepare the month-end timetable that is in line with Illovo group timelines.
• Ensure that month-end timetable is adhere to by all internal stakeholders.
• Ensure that Group Record to report policies, processes and procedures are properly implemented and adhered to
• Responsible for the month-end General Ledger closure for Kilombero and IDTL
• To review and approve relevant journal entries.
• Review post-dated journals report.
• Responsible for the management of intercompany process for Kilombero and IDTL
• Review sub-ledger reconciliations prepared by financial analysts.
• Review balance sheet analysis for Kilombero and IDTL
• Timeous and accurate response to all matters raised regarding General Ledger close.
• Review the Final trial balance for Kilombero and IDTL
• Review COAP with balance sheet variance notes for Kilombero and IDTL
• Ensure full compliance with the Companies Act and relevant IFRS’s.
• Provide technical accounting advice to the finance teams as necessary.
• Manage the co-ordination and completion of the Kilombero and IDTL Interim and year-end audits (including all group reporting requirements).
• Review of year end reporting packs
• Prepare annual financial statements for Kilombero and IDTL
• Respond to external audit inquiries timeously.
• Co-ordinate and manage the half year and year end stock counts.
• Co-ordinate and manage the asset verification.
• Review capitalization (additions), disposals and depreciation of fixed assets
• Reviewing and implementing appropriate internal financial controls and ensuring audit findings are timeously addressed.
• Manage the co-ordination and completion of the Kilombero and IDTL internal audits (including all group reporting requirements).
• Ensure that internal controls per FCFQ are in place and effective.
• Manage the interim and final external audit FCFQ reporting process, ensuring that the entities score the relevant IA findings, and that scoring is fair and appropriate.
• Review consolidated view of the entity FCFQ
• Management of financial systems
• Responsible for integrity, accuracy, and completeness of financial database
• Review new ACK’s report monthly.
• Review access granted and revoked report monthly.
• Assists and manages with implementation of any systems upgrade.
• Assists and manages with on-going system projects.
• Drive financial reporting improvement initiates across all operational sites by coordinating development focused workshops and interventions.
• Drive internal control improvement initiates across all operational sites by coordinating development focused workshops and interventions.
• To drive month end performance discussion meetings to identify opportunities for improvement and prevent reoccurrences of inefficient processes.

Job Qualification and Experience
• Bachelor’s degree of Accountancy, Business Administration, Commerce or equivalent
• Must be certified by CIMA / ACCA / CPA (T) or equivalent
• Not less than 5 years relevant working experience

Terms of Service: The successful candidate will be engaged on a Permanent Contract.
All interested candidates, who meet the above requirements should apply for the position on or before 7th April 2024.

Kilombero Sugar Company Limited is an equal opportunity employer. Women and people with disability are highly encouraged to apply.

Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure
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