JTI Is Recruiting to Fill the role of Factory Finance Associate in Ilorin.
Job Title: Factory Finance Associate
Position Purpose:
The candidate will be responsible to support in performing the following assignments:
Take charge of continuously monitoring ITC payment to JTI SA (With full reconciliations)
Timely and accurate reporting to GSC Finace HQ
Ensure transparency over JTI Product costing manufactured by ITC,
Ensure adherance to GSC Policies & Procedures and internal controls in general,
Participate in safeguarding JTI investments (M&E, FG, SP and Materials inventories)
Provide assistance and support to Factory Finance Manager
Main Areas of Responsibility:
Perfome weekly / monthly follow up with ITC payment to JTI SA
Perfome weekly / monthly JTI SA AR reconciliations vs HL payment to ITC
Reconciliation of JTI SA Acc Receivable from ITC versus Materials at ITC
Follow up with all ITC Forex sourcing transaction and Telex copies
Report on ITC Credit Line & AR evolution including status of Overdue
Month End Closing / Actuals reporting:
Support in performing monthly Actual Product Cost calculation for the JTI
Portfollio (4 brands, 4 SKUs) and Explain variances to Standard.
Prepare monthly reports for GSC Finance HQ
Prepare Conversion Cost make-up & variance trend analysis
Follow up GME postings made from Entity Finance to Factory Cost
Product Cost Planning / VMCUnder the supervision of Factory Finance Mgr., prepare Standard Product Cost (VMC) during, and eventually in between (Launches), Planning cycles
(A&SP, May & September LE, TDT), in an accurate and timely manner.
CAPEX
Control the CAPEX operations from a Finance perspective, i.e. commissionning, Asset numbering, Depreciation, GlobCon Load etc.
Provide guidance and support on Capital Expenditure projects to facilitate the decision making process.
Ensure close follow-up on project development and where applicable, post-implementation assessement.
GSC Pol & Procedures / Internal Controls
Support and assist Factory Finance Manager in maintaining adequate internal controls in order to safeguard full compliance with JTI Product Cost Policies & Procedures.
Closely monitor Spare Parts Management Inventory & Reporting
Attend Finish Goods and Materials inventory counts, reconcile with inventory records and follow-up on discrepancies.
GSC & Market Management Support
Provide Costing expertise and assistance to Factory Finance Manager
Participate in the review of Costing assumptions used by ITC for its Selling Price to JTI
Review & validate ITC cross charges to JTI
Other / Ad-hoc- As may be required, provide assistance during the M&E importation process (gathering of documentation, etc).
Handle special projects on Management request.
Mornitoring of Consignment Inventory (Locally purchase NTMs), Re-Order Level, Issues of Purchase Requisition and Tracking of delivery
Qualifications:
University degree, preferably in Finance or business administration
At least 3 year experience in finance, strong knowledge of Factory processes (preferably tobacco industry), strong analytical skills and experience in Financial Reporting & Planning. International environment.
Excellent knowledge of English language, written and spoken.
Computer Literate (MS Excel & MS Project) & SAP knowledge.
Functional Skills:
Familiar with internal controls and other Factory Finance procedures
Knowledge of Accounting Software (SAP would be an asset).
Self starter able to work independently
Time management skills and ability to work under strict deadlines
Good communication and analytical skills
High degree of probity and integrity
Self-motivation, enthusiasm and desire to develop
How to Apply
To apply, send your CV to irene@findajobinafrica.com
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