Finance Controller

2 weeks ago


Johannesburg, Gauteng, South Africa Puma Energy Full time

Main Purpose:
Financial controlling

Knowledge Skills and Abilities, Key Responsibilities:

ROLES AND RESONSIBILITIES:
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 prices updates for new customers and discounts for reasonability/ accuracy/competitiveness before they are input in the system by price analyst.
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 centers 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 proper explanation for all the elements of the P&L
  • Propose new actions to the business in order to be more efficient
  • Prepare 3 month rolling cash flow in conjunction with treasury
  • Drive adhoc analysis as required by the business
  • Review stock positions monthly
Budget and Plan

  • Prepare annual P&L budget and strategic plan according to group timelines
  • Deliver quality budgets on time with 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 biweekly 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 tax team to ensure Tax reporting is correct.
  • Ensure that all compliance requirements are submitted accurately and on time.
  • Adhoc
  • Provide reports/recommendation to management on any control issues.
  • Ensure that the company's control framework is effective and fit for purpose and that it is aligned to 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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