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Assistant Manager Finance
ETG
South Africa, Johannesburg
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ETG has emerged as one of Africa’s largest and most respected traders in agricultural products. ETG’s supply chains extend across sub-Saharan Africa, North America, Europe, the Middle East and South East Asian countries. ETG annually moves almost five million metric tonnes of agricultural commodities around the world and directly employs more than 7 000 people globally. ETG’s portfolio of over 25 different commodities includes: cashews; oilseeds; sugar; coffee; pulses; wheat; fertilizer; rice; maize and sesame seeds. Following a comprehensive strategic review the Group has identified 5 key Verticals aimed at delivering the next phase of growth within select markets. These Verticals are comprised of: Fertiliser; Exchange Traded Commodities; Cash Traded Commodities; Consumer Brands and Warehousing and Logistics.As one of Africa’s leading traders in food-related commodities, ETG has over the past 30 years steadily capitalised on opportunities to improve margins and grow shareholder value by diversifying into consumer branded products across a number of key East, Central and Southern African markets including the UK. Job Purpose: The Assistant Manager - Finance will play an active and key role within the finance function of the Exchange Traded Commodities Vertical. It is expected that the successful candidate will be responsible for the maintenance, integrity and accuracy of all accounting records and will assist in the preparation of all financial reporting packs required and consolidation of accounts for various entities within the vertical.Key Responsibilities:General responsibility for the posting, recording and maintenance of all accounting records, including assisting with the preparation of the monthly Management Reporting Pack and submission to ETC Group Finance and ETCV Corporate Controller. Assisting with presentation of the monthly Management Reporting Pack to EXCO team during the monthly review callsResponsibility for assisting in the preparation of local entity annual budget (SGA) and any re-forecasting exercises as requiredReconciliation of all general ledger accountsPreparing and handling petty cash requirements for expenses Preparing and sending cash reports on a daily basisBank Reconciliation of all banks to be reviewed weeklyDaily broker account postingsMonthly reconciliation of all broker accounts to broker statementsReview of booking of expense entries in the accounting software after getting requisite approvalMaintenance and control over the supplier reconciliations and ensuring timely remittance of vendor invoices and paymentsHandling administrative mattersPreparation of all supporting daily, weekly, monthly and annual supporting schedules and reconciliationsPreparation of ad-hoc financial reports as and when requestedPreparation of weekly forex exposure and working capital reportsCall-backs to verify vendor banking detailsTDS monthly reconciliations and submissionsQualifications and Requirements:Relevant accounting degrees and qualifications, preferred experience in commodities industry as an Assistant Manager - Finance, auditor background will be considered an advantagePost graduate qualifications would be advantageousCompleted SAICA articlesStrong IFRS knowledgeExperience in agri business and branded food & beverage industry would be a plusExposure to international trade2-3 years post article experienceAdvanced knowledge of Microsoft Office (emphasis on Excel, Word & PowerPoint)Strong initiative and ability to manage multiple projectsAbility to complete projects timely (deadline driven) and accurately is criticalExcellent Communication skillsMust be detail oriented with strong organizational and analytical skillsAbility to work well with others (teamwork) in a fast paced and dynamic environmentThe role requires a hands-on and independent-minded individualConsummate professional with the highest integrity and ethical standards#J-18808-Ljbffr
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