Purpose:

• Responsible for maintaining, preparing and reporting the financial accounts of Leaf Supply Function. Responsibility for the maintenance and reporting of the Balance Sheet, the Profit & Loss account and all areas of financial compliance. This includes working with the external auditors and professional advisors to ensure that financial statements and corporate tax are completed and filed in a timely manner. Oversee that appropriate master data is maintained in the ERP system, to include cost center and profit center, cost center hierarchies and automated reports. Satisfy various internal and external reporting requirements that may arise, such as legal, tax, insurance, pension and treasury. Oversee the performance of month end financial close process. Support Leaf Finance Director to ensure adherence to Operating Guidelines, implementation of internal controls over financial reporting.

Main Areas of Responsibility:

1. Lead Financial Accounting Functions and Coordination of GBS Activities

• Responsible for Financial Accounting functions (i.e.GL accounts analysis, green and dry leaf Accounting, intercompany transactions, payables, bank reconciliations, T&E,) in collaboration with GBS Financial transactions processing team including material ledger closing to ensure proper valuation of leaf inventory and reconciliation to general ledger.

• Support the business to appropriately allocate expenses to cost center and GL accounts by creating awareness on the current chart of accounts and cost center list, material groups mapping, and support the requisitioners as to appropriateness of material groups and ensure correction of any misallocations.

2.  Financial Period End Closing and Reporting

• Responsible for coordination of month-end/year-end financial close process and collaborate with all functions involved and monthly General Ledger reconciliation.

• Responsible for preparation of financial statements in accordance with International Financial reporting Standards (IFRS) and Companies Act. Managing and controlling actuals in order to generate entity P&L, Balance Sheet (reporting and narratives) in line with IFRS rules, Companies Act and other local requirements and support preparation of finance-related documents for local company boarding meeting/AGM.

• Responsible for quarterly reporting, disclosure information, questionnaire and ensuring timely submission to Corporate Finance Consolidation function.

3.   Compliance with Financial Policies and Procedures, Regulations and Tax

• Responsible for the section's compliance with JTI Corporate and local policies and baseline internal controls over financial reporting. Ensure that processes are properly documented in order to mitigate/avoid non-compliance (Internal and external).

• Responsible for local tax compliance by correctly accounting for and settling tax obligations, monitoring changes in local tax legislation and other related regulations. (Transfer Pricing documentation, tax audits & inspections, routine inquiries), and supporting verticalized Customs and other Indirect Tax function.

• Support Finance Director on interfaces with JTI global Corporate Tax function, local tax authorities, tax consultants and other corporate regulatory functions.

4.  Financial Transaction Cycle Coordination and Collaboration

• Responsible for local Accounts Payable and Accounts Receivable section and ensure that AR and AP transaction cycle is operating effectively, key Accounts are reconciled timely, and any exceptional items are resolved timely.

• Work in Laison with Verticalized Procurement function (P2P) on transactions to ensure smooth financial transactions processing by GBS.

• Support the accounting of fixed assets, Capex EAM activities and ensure appropriateness and accuracy of monthly actuals for additions and depreciation and complete fixed assets ledger reconciliation to general ledger.

• Collaborate with Factory Controlling and Product Costing function to ensure that transactions relating to tobacco inventory, costing and sales are accurately reported in financial account.

• Collaborate with Treasury function to ensure that transactions relating to treasury (intercompany loans, FX deals, farmer advances) are accurately reported in financial accounts.

5.   Systems, Processes, EHS and Conformance to IMS Principles

• Perform as Subject Matter Expert for finance processes and systems improvements as well as Transition Steward for new process changes and system enhancements by providing functional & system knowledge for realization of required business changes and adherence to global reference model (GRM).

• Provide Health and Safety Leadership by promoting a positive safety culture and actively demonstrating commitment to health and safety standards as prescribed in the EHS Roles and Responsibilities Matrix.

• Support the implementation and improvement of the Integrated Management System (Quality, Energy, Environment and Health & Safety) initiatives and compliance to laid down procedures and standards in line with the IMS Policy and as prescribed in IMS roles and responsibilities.

6. People management  

• Responsible for developing the accounting function team through coaching, providing feedback on performance, talent management and encouraging individual self-development.

• Support the implementation and improvement of the IMS ensuring effective implementation and operation of IMS and accountable for the Quality, Environment, Energy and Health and Safety outcomes within their areas of responsibility.

• Introduce employees with the appropriate documentation of Quality, EHS and Energy management system as well as with rules for safe work.

• Play a leading role in the implementation and delivery of IMS in Agronomy by ensuring understanding of the requirements in relation to IMS management, and comply with the requirements of the IMS Procedures

People management & related activities

• Motivate, mentor and guide the professional development of the team reporting directly and indirectly to the incumbent.

• Accountable for department's team deliverables in their day-to-day tasks.

Others

• Manage various tasks and projects as they arise and up on request.

• Control all costs associated within area of responsibility.

• Can be assigned in any other duties seen fit by management.

Job Requirements

Qualification:

• BA Degree in Accounting or Accounting & Finance

• Qualified Accountant (ACCA, CIMA or equivalent).

Work Experience:

• Minimum 6 years in a managerial position in a manufacturing entity.

• Prior experience in external audit in a reputable firm is an added advantage.

How to Apply

Submit your application letter and Curriculum vitae only through email: Careersethiopia@jti.com 

NOTE: Application email subject shall state the position title. Failure to comply with the guideline may lead to immediate rejection, Female candidates are strongly encouraged to apply.