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6 Out
2022
Full-time Specialist – Statutory and Management Reporting Accountant
Descrição da Vaga
The Republic of Mozambique Pipeline Company (ROMPCO) intends to recruit one (1) Specialist – Statutory and Management Reporting Accountant, based in Maputo.
Job purpose:
- To prepare branch annual financial statements;
- To review the Trial Balance for compliance to Moz Gaap and IFRS on a monthly basis;
- To prepare INSS Reports;
- To prepare management reports;
- To prepare statutory report submissions;
- To manage the cash and liquidity management strategy;
- To assist with repatriation of funds from Mozambique to South Africa;
- To monitor the individual budgets of ROMPCO functions;
- To develop and update the financial forecasting model and cash flow forecasts for Mozambique;
- To respond to ad hoc shareholder requests;
- To act as technical advisor/expert on all matters pertaining to financial reporting, compliance and standards;
- To perform monthly fixed asset accounting and reporting, this includes creating projects on system, creating asset master data with correct useful lives, capitalising assets on BO date, monthly depreciation runs, etc;
- To perform selected general ledger maintenance activities to facilitate segregation of duties;
- To perform selected general ledger reconcilations – To monitor and report on the Finance Business Scorecard;
- Assist in developing long-term financial strategies and targets;
- Report on ROMPCO’s finances and business performance in an accurate and compliant manner;
- Ensure continuous compliance with all statutory reporting requirements;
- Define the annual finance strategy and financial targets;
- Aid in delivering overall ROMPCO budget and financial forecasts and in developing cost-control initiatives;
- Deliver ROMPCO branch financial statements;
- Develop capital expenditure plans to ensure liquidity;
- Fixed asset reporting.
Responsibilities:
Finance Function:
- Act as technical advisor/expert on all matters pertaining to financial reporting, compliance and standards;
- Support and provide input into the development of function budgets;
Financial Strategy Definition:
- Analyse ROMPCO’s external financial/business environment and financial position;
- Aid in developing the Finance function vision, mission, KPIs and goals;
- Develop/amend finance policies/processes;
Budgeting and Control:
- Develop/update the financial forecasting model;
- Produce short- and long-term forecasts for ROMPCO;
- Track actual ROMPCO spend against annual budget per function;
- Recommend budget adjustments and cost control initiatives for functions;
Financial reporting:
- Prepare budget variance and cost management reports;
- Prepare financial and operational KPI reports;
- Produce management reports;
- Produce financial reports;
- Develop and implement corrective, preventative and continuous improvement initiatives;
- Ensure repatriation of funds based on financial reports;;
Treasury:
- Produce monthly and annual cash flow forecasts;
- Implement the cash and liquidity management strategy;
- Determine capital needs, and develop investment policies and annual investment plans;
- Manage cash and cash-equivalents – Manage bank accounts;
- Oversee foreign currency transactions.
Requirement:
- Bachelor’s degree in Accounting, Finance or Economics;
- 6+ years of relevant work experience;
- Financial and accounting background, including an understanding of cash flow management and general finance;
- Strong technical knowledge and understanding of the IFRS, and all other financial reporting, compliance and standards;
- Experience in producing financial statements and reports;
- Experience in managing budgets for a company with a turnover > USD 150mn, and across multiple geographies;
- Working knowledge of SAP (or similar ERP systems and tools);
- Demonstrated ability in developing accurate financial forecasts;
- Experience in treasury management and optimisation of working capital;
- Experience in regulatory reporting would be an advantage.
Competencies:
- Leadership and behavioural competencies;
- Strategic thinking — Intermediate;
- Communication — Advanced;
- Problem solving — Advanced;
- Results orientation – Advanced;
- Financial and business analysis — Expert;
- Financial planning — Expert;
- Budgeting — Expert;
- Financial operations — Expert;
- Financial reporting — Expert;
- Regulatory and compliance — Advanced;
- Attention to detail — Expert;
- Risk management — Intermediate.
How to Apply?
Applications in the form of a comprehensive CV must be sent to the HR Manager via email
mpho.sekoala@rompco1.com
DATA LIMITE DE CANDIDATURA: 14 de Outubro de 2022.
Indique a fonte da vaga na sua candidatura.
No late applications will be considered.