Financial Controller – Farming

3 months ago

Stellenbosch, South Africa Frank Consult Full time

Ensure independent and accurate accounting and operational reporting to support our client’s farming operations. This is a very hands-on, high visibility role requiring intensive commitment.

Essential Criteria:

  • Proficiency in English and Afrikaans
  • Bachelor’s degree
  • Exposure to the agriculture industry and farming background preferred
  • Minimum of 3 to 5 years’ work experience
  • Management experience required
  • Experience in a similar role

Role & Responsibilities:

Approval & Management:

  • Approve all invoices, PO’s, JNL’s, and SVA’s related to farming within 24 hours of receipt.
  • Manage the Farming Admin team, including backup planning, cross-functional training, one-on-one meetings, and career development.

Financial Management:

  • Calculate, report, and manage the Farming Business P&L.
  • Ensure all harvested tonnages are accounted for in the T1 system.
  • Perform transport reconciliations to identify discrepancies between harvested and delivered tonnages.
  • Capture and allocate all correct “basis” costs (handling, silo diffs, transport, etc.) per farm, crop, and silo.
  • Ensure manual calculations balance with T1 deliveries, MIS uploads, SAP GL & MBOR reports daily, MTD & YTD for volumes and GM per crop type.
  • Review trade position accuracy and ensure reporting accuracy and completeness in BPC, MBOR, SS & WD4.

System Management:

  • Manage SAP (ERP) system for the Farming Business, including uploading new farming locations and managing budgets at the WBS level.
  • Create and manage new WBS’s.
  • Assist with annual budgeting and forecasting processes, including OPEX/CAPEX budget compilation and presentation.
  • Enter budget data into relevant BPC & SAP templates for upload and ensure forecasting accuracy.
  • Compile and manage budget vs. actual reports.

Balance Sheet Management:

  • Perform monthly BSI reconciliations.
  • Manage the NESTA system for IFRS16 calculations.
  • Manage the SHED inventory system, ensuring all inventory amounts are accurate and complete.
  • Ensure the biological asset amount is complete and accurate.

Efficiency Gains:

  • Improve procedures and data integrity.
  • Automate processes and implement new technology such as Power BI.

Audit Assistance:

  • Assist with annual internal and external audits.
  • Handle all farming audit queries and liaise with auditors.
  • Ensure no repeat audit findings (e.g., inventory count, IFRS16).

Operational Support:

  • Prepare farmer reconciliations and profitability analysis.
  • Coordinate between farming operational and accounting teams.
  • Prepare operational reports to support the Farming Manager.
  • Handle VAT: Diesel submission (monthly) and rebate journal.
  • Perform any ad-hoc duties as required.

Other Responsibilities:

  • Assist Farming Operations with the Farming “Schedule A”.
  • Serve as the point of contact for any financial farming operation questions.
  • Assist the Business Control Manager in training other team members.

Essential Skills:

  • Excellent leadership skills
  • Ability to work cross-functionally with senior management
  • Excellent written and verbal communication skills
  • Advanced computer literacy (MS Excel)
  • Aptitude for continuous system enhancements and automation
  • Numerical reasoning and problem-solving skills
  • Ability to work under pressure while maintaining excellent attention to detail and a high degree of accuracy

Desirable Skills:

  • Background in grain and agri industry and commodities trading
  • Experience with SAP financial modules
  • ERP experience
  • Ability to work independently with minimal review required
  • Planning, organizing, and excellent time management skills
  • Critical thinker with emotional resilience to overcome obstacles

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