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Manage and coordinate budgeting and management reporting procedures at the plant and ensure availability of up-to-date and accurate information on budgeted and actual financial activities, to support informed decision-making by management.
Job Responsibility:
Circulate the annual business planning guidelines/ assumptions and provide guidance to budget holders during the planning process the plant
Oversee collation of budget inputs across the plant and prepare consolidated annual budget for the plant
Monitor approved budget allocations by obtaining information on revenue and expenditure, and reporting variances on a monthly basis
Drive periodic budget forecasting and recommend budget review as required
Develop periodic and other ad hoc budget reports, forecasts and analysis
Generate monthly business performance statements, noting major deviations from planned budget and risk areas and prepare variance analysis for Head, Plant Finance
Manage journal entries on SAP (or other system) and check with relevant documents (e.g. GRN/ SRN, invoices, etc.) to ensure uniformity of details and accuracy of postings/ reconciliations for month-end or periodic management reporting
Approve vouchers and journals for posting and manage reconciliation to various ledgers
Allocate costs for central or joint expenditure to relevant cost centres in line with DCP's cost allocation policies
Proffer relevant recommendations to the Head, Plant Finance on the financial implications and consequences of business decisions at the plant
Provide Plant Management with complete, valid, accurate and timely reports for effective decision making
Perform any other duties as may be assigned by the Head, Plant Finance
Requirements:
Bachelor's Degree or its equivalent in Accounting, Finance, Economics or other related discipline
Relevant professional certification (e.g. ACA, ACCA, CIMA, CFA)
Minimum of ten (10) years progressive HR work experience
Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry
Proven experience in planning, budgeting and forecasting activities
Very sound business acumen - financial and commercial knowledge
Strong communication and presentation skills
Good leadership and people management skills
Strong problem solving skills
High ethical standards and integrity
Ability to manage multiple priorities
Working knowledge/ experience in the use of financial systems including SAP
Good understanding of micro and macroeconomic indices and their impact on the cement business
Intermediate to advanced knowledge of IFRS, finance best practices and other applicable reporting and accounting standards
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