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Business Controller: Ssa
2 weeks ago
**Location**:
Stellenbosch, Stellenbosch, ZA
Regional Business Controller / CIL Sub-Saharan Africa
(Group Consolidations SSA / CIL Finance)
**Job Responsibilities/Purpose**:
Business Controlling - 60%
The Regional Business Controller reports directly to the Regional CFO and the matrix reporting line to Global G&O Controller.
The Business Controller works in collaboration with commercial and operations teams, monitoring Regional financial performance as well as helping with its sustainable improvement.
Supporting Regional CFO, the Business Controller must work closely with Country Managers, Traders and Country Controllers, providing guidance and coordinating timely PnL reporting. With a view on the Position reporting (Traders and Operations responsible for accurate position).
The Regional Business Controller, under the direction of the Regional CFO, can be also a primary point of contact for Global Finance functions (i.e. FP&A, Product & Corporate Controlling) ensuring Regional adherence to the Group Finance KPIs.
Key stakeholder management -link between commercial, operations, finance, especially with regards to understanding the environment and management thereof.
Group SSA consolidations - 20%.
The Regional Business controller will dedicate time to support Group G&O Controller on all management accountant functions as required. This will include but not be limited to systems enhancements, financial reporting enhancement, Finance function efficiencies, financial analysis of monthly YTD and full year costs and other projects as requested.
Business Control Team Management - 20%
**Business Performance**: Monitors all financial aspects of the trading, logistics and processing activities, their costs, Team KPI’s and provides analysis to support the decision-making process. Identifies issues and advises management on action plans and operational strategies to resolve. Implement and maintain processes to record transactions with all required accounting analytics. Drive the development and implementation of new procedures to strengthen internal controls and gain operating efficiencies. Supports the Regional business to drive appropriate cost structure, productivity optimization and capital efficiency. Closely monitors Working Capital and related charges.
PBT Accuracy
Position Management, CFTC
Independent Price verification
Balance Sheet Integrity
Daily PNL
FX Exposure Integrity
**Financial Reporting**: Establishes and oversees processes and tools necessary to obtain transparent and reliable financial data and business information in SAP/BPC. Ensures high quality and compliance with financial data and business information in line with defined standards & financial closing schedules.
Trade & Budget Analysis
Group & Volume Reporting
Management Reporting
Data Availability
**Business Planning and Forecasting**: Supporting Regional CFO on budget preparation and long term financial and operational plans. Oversee the business planning and forecasting process executed by local teams. Evaluates financial implications of various strategic decisions and supports the CFO to build scenarios and recommend actions.
Monitor Budgets and provide feedback to Regional CFO and local commercial team.
Coordinate Internal and External Auditing.
**Risk management**: While CIL’s Risk Department does not have a presence in each office, the Regional Business Controller acts as a support helping to assess business risk exposure and to implement risk mitigation strategies, reducing potential negative impact on business performance. He/she also helps to identify and communicate commercial and financial risks and opportunities from business propositions.
**Finance Projects**: Works on Global Finance projects upon request, ensuring that core Business Controlling tasks for SSA are not left unattended.
**Related accounting/financial systems, SAP**: primary users of these system tools.
Payment Approvals.
**Communication with internal stakeholders**: Ensure timely, effective and efficient communication with relevant personnel at local CIL offices within SSA as well as the Head Office in Geneva. Deliver key messages and be open to receiving information from the offices particularly identify areas for Finance process improvement.
**Additional comments**:
Sub Saharan Africa has a sizeable operation, managing an integrated supply chain of agricultural commodities including origination, crushing, logistics, distribution and trading of Grains and Oilseeds. Short and long-term growth are guaranteed by ongoing projects. In this dynamic environment, a resolute, dedicated Business Controller is a key resource to ensure the region will grow on a sustainable manner and deliver stable revenue streams as mandated by COFCO.
Educational background
University degree in related field.
Minimum 5 years demonstrated experience in a similar role.
**Must Have Skills**:
Fluent in English and Afrikaans.
Deep understanding of trade position management and trade PnL.
Solid
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