ETG - Manager - Finance - Cashcoa Vertical

Finance Manager - Cashcoa Vertical

1) Financial Insights - Demonstrates in-depth knowledge on financial/ management accounting principles to be able to accurately reflect the business performance.

Risk Management :

2) Compliance- & Assurance - Demonstrates ability to evaluate business risks and its impact on overall business delivery, helping in developing and/or modifying control processes as required. Also, ensures compliance to legal and statutory requirements applicable to the business.

3) Reporting & Process Efficiencies - Demonstrates conceptual ability to ideate and implement robust systems and processes suited to business/ country. Also displays accuracy and efficiency in MIS reporting, budgeting and EOY forecasting through proper business understanding.-

4) Business Partnering: Displays a combination of commercial, financial, and analytical mindset that provides support to overall business success. Good liaising with country finance team is expected.

Accounting & Reporting :

- Manage day to day accounting

- To enable smooth running of all financial aspects of the vertical and implement appropriate controls over incoming and outgoing transactions. Manage month end closing and reporting process

- Assisting Vertical FC To provide information in a timely, complete, and accurate manner to Group Level Entity. Assisting Vertical FC in timely review and closing of Management information system (Group MIS) with detailed analysis and insights on the accounts/reports prepared and received from overseas subsidiaries, including GCM received from Treasury entity. Having in-depth review of country level MMR for Cocoa, Cashew and Kernel, have full knowledge of balance sheet items. And must discuss with the CEO, Business Head, Product FC on keeping the vertical related Balance Sheet and PNL clean.

- Having in-depth review of country level MMR for Cocoa, Cashew and Kernel, have full knowledge of balance sheet items. And must discuss with the CEO, Business Head, Product FC on keeping the vertical related Balance Sheet and PNL clean.

- Review Country Procurement Report on daily Basis, presenting a consolidated report on procurement.

- MIS Development - Presenting consolidated Desk PnL to the CEO by 18th of the succeeding Month. This PNL will be additional report and will have to be in line with Group MIS PNL that is released at the month end. The idea is to present the business head with PNL as soon as Country Level MMR is released. TCB Verification of Origins/Overhead Budget Verification of Origins Daily Tracking of IM/VMLiaise with Financial matrix (FC/PFC/RFC), and Business Head.Budgeting/ Forecasting

- TCB Verification of Origins/Overhead Budget Verification of Origins Daily Tracking of IM/VM

- Daily Tracking of IM/VM

- Liaise with Financial matrix (FC/PFC/RFC), and Business Head.

Budgeting/ Forecasting:

- Liaise with Financial matrix (FC/PFC/RFC), and Business Head.

- Assist in the preparation and analysis of annual budgets and business plans.

- Actively participate in the preparation of the annual budgets, comparison of actual performance against the budget, identifying and analyzing variance, devise and monitor implementation of necessary actions. (For all business Unit RCN/Cocoa/Kernel/Beyond Beans)

- Monthly forecasting reports for the Vertical

- Monthly variance reporting (Operation review)

- Formulating budgets, implementing systems/ procedures, conducting ageing analysis, preparing key reports to exercise financial control and enhance overall efficiency of the vertical.

Treasury and Working Capital:

- Close liaison with Country Finance Team on Fund Requirement for procurement. (Weekly)

- Sharing the same with Vertical FC for disbursement after approval from CEO. (Weekly)

- Weekly working Capital Deployment report for the vertical to be published.

- Have full insight on Stock at Origin/Destination. Reconciliation of stock at origin vis- vis Warehouse Receipt issued.

- Providing timely shipment report to treasury in discussion with Traffic Team.

- Facilitating Bank Guarantee with Dubai treasury against Deblocage in Ivory Coast.

- Approving incoming and outgoing transactions, validating all the invoices for payments from various vendors and mapping it with agreed rates and budgeted cost sheet. (POL/POD supervision, freight, DTHC, dressing material, Instore handling cost, fumigation, transport payments, D&D, insurance premium

Audit :

- Assisting Product FC in handling Corporate reporting and annual statutory audit for the Business Unit.

- Providing all information required by the Group Team regarding Provision, MTM Working, Sustainability w.r.t cocoa.

Supervises Internal Controls:

- Assisting Vertical FC in handling Corporate reporting and annual statutory audit for the Cashcoa Vertical.

- Standardize and Establish vertical-wide standards for systems, data and processes.

- Review Country Procurement Report on daily Basis, presenting a consolidated report on procurement.

- Reviewing Credit limit on daily basis, flagging the same in case of breach.

- Flagging and following on Non-Moving Supplier balances for Current season/old supplier balances.

- Preparing Weekly reviews and reports - Namely Consolidated Weekly Global Outstanding, Business Exposure in terms of overall Long/Short position (Cashcoa Vertical)

General:

- Eliminate excel and off-line reports and focus on systemization through D365 Reporting

- Review any specific areas agreed with Vertical FC/Operation Head/Business Head/CEO

- Handling all onboarding related work, along with reviewing several contracts, POA being executed in Europe, US for instore/DDP delivery. Validating landed weight/quality analysis and mapping it with budgeted cost sheet. Implementing systems/ procedures, conducting ageing analysis, preparing key reports to exercise financial control and enhance overall efficiency of the organization. Working closely with Vertical FC, Country Finance team and Shared Services Team and help vertical related accounting transaction to be executed by Shared Service Office. In absence of CTRM solution keep reporting model running through excel utilities.