Vacancies Accounting Controller

Job Purpose

• The Accounting Controller (AC)is a finance leader who is the linking pin within the operational model (liaising with all relevant stakeholders: Commercial and ISC navigators FP&A RAC ACD and beyond) to meet the AN and operational goals for retained RTR Finance and AN as a whole locally.
• The accounting controller role has a pivotal role to ensure consistent high quality and timely group / business and statutory reporting for a set of relevant legal entity entities.
• The jobholder operates in Multi Entities setup (4) including JV Set ups (3) based in Morocco with a Paints and Coatings Manufacturing and Marketing unit. The Entities market Paints and Coatings to be supplied in Morocco for Local and Associate Customers (Locally and elsewhere) & also export to Other African Countries . Are in direct competition with other major Global Paints and Coatings manufactures that are also based in the region. The Entities arestrategically based to support supply of paints to the ME/Africa Region. The current Accounting Package platform- is SAP.
• The Primary Purpose of the Job is to support and Administer Finance and Accounting Function of the Entities within the broader policies of AKZO. Support other functional areas of the Entities in their day to day activities and reporting/meet Local management as well as the Group reporting Deadlines.

Key Accountabilities

• Provide Accounting Leadership and Business partnering for all relevant Accounting activities to relevant stakeholders
  This position also a very important role for all the Supply units of Middle East to help them in ascertaining costing and intergroup transfer pricing.
• Provide business support in working capital management through cash flow payment management. Provide and play an important role in Budget and Forecasting.
• Administer and Manage Accounting Operations /Reporting Function of Accounting Controller (AC) under AN TOM Model under a GBS structure (FFF). Shall be guided by AN FEM Accounting Policies/Rules Authority Matrix as Applicable . JV expectations along with their own Reporting/ Rules and Matrix will be managed too.
• The KPIs as below will explain the full area of operational coverage/control/reporting expected of this position
  • Timely closure of all accounting functions on the SAP System with a view to ensure that all Group Reporting deadlines are met. These are to be in line with AKZO FEM rules and policies as they change. Manage SCOA as per FEM 20%
  • Timely and accurate submission of all Monthly Financial Reporting requirements of Paints and Coatings Business within Moroccan Legal Entities and successfully resolving any queries arising there from. Group HFM monthly reporting is used as backbone. Local reports for the JV partner sent separately- 20%
  • Support Yearly Budget and revised forecasts with cross functional teams managing this as per BUs plans.
    Review analyze and plan reports for the business functionaries including Debt Cash Flow Transfer Pricing on monthly and quarterly basis.
    Treasury functions such as Hedging (as applicable ) using Group Pay Netting system
    Ensure AN Internal Control and Compliance issues are adhered to and subject to Audit/review and keep track of Finance process cycles and actions defined in CSAT. 20%
  • Support FP&A team for weekly monthly data on Sales Profitability and OWC positions
    Support CAPEX investment projects initiated by SBUs Operational requirements of the entity.
    Support ADHOC projects initiated by SBUs Operational requirements of the entity
    Support Admin and Operational Team in contracts reviews such as AMC Insurance Misc purchases etc- 15%
  • Preparing the Statutory Accounts and getting the same Audited through the Statutory Auditors in a timely and professional manner whilst solving all the queries raised by the Auditors or the Joint Venture Partners- 15%
  • Timely and accurate support Review of Tax compilation (Both Direct and Indirect) and tax payment of the Entity per Deadlines within Tax Laws/Rules. Assisting tax consultant during Tax assessment by Auditors to relevant Tax Department. Also ensure timely filing of Certain tax returns which need to be submitted to the Tax Department within specified time limits by the company so as to avoid non compliances resulting in fines and penalties- 10%
  • Fiscal accounts & Management reports to JV partners office monthly.

Responsibilities

• Implement and Monitor Expert Accounting for Entities and Businesses per AN FEM/HFM and IFRS Guidelines. Ensure required provisions Accruals and Reconciliations are adequately monitored. Support GBS Centre operations ( Pune - Accounting Operations delivering Contracted work of R2R/I2P/I2C) and monitor quality. Ensure that monthly AN /JV Reports are submitted accurately and in time.
• Be Guided by AC Governance Rules and MEC closure guidelines/Deadlines.
• Analyze financial related processes and outcomes identify gaps non-compliance and/or potential financial risk areas inform and/or draft proposals for appropriate prevention mitigation and correction and after approval monitor or participate in implementation. AN InControl and CSAT processes are embedded in the Accounting and reporting activities.
• Oversee and Manage Accurate Costing / quarterly Transfer pricing mechanism with related delivering Towers (ISC/CN/COEs) CAPEX related KPIs/reports and support operations team in the process.
• Manage Treasury and Risk Management including Insurance coverage of Entities in line with AN Treasury/Risk Management Guidelines
• All Local Fiscal / Tax laws including VAT (when applicable) and Transfer pricing as applicable are implemented/managed and reported accurately within related guidelines and timelines.
• Support/Update/Implement all periodic AN Accounting /Tax and Treasury Operational changes or any New Operational /Financial projects within the entity.

Experience

• Minimum 5years of Post Degree qualification experience in Finance and Accounting (Preferably in a Multinational/Big 4 environment)
• Excellent communication and interpersonal skills influencing result orientation problem solving (project) management entrepreneurship people management
• Fluent in English both verbal as well as in writing
• Specialized and broad experience on own financial discipline (Accounting IFRS/Local GAPP/Tax Processes)
• Experience in SAP /HFM/ MerlinXL or Equivalent ERP systems/ Financial Tools including MS Office.
• Hands on proactive able to work in a fast-paced matrix organization multitasking strong requirement to connect with people of various cultures and background
• Ability to work and delegate work under severe time pressure during month-end closures and continuously retain an eye for the details
• Drive continuous improvement agenda in the financial and transactional processes and monthly closing and reporting processes
• Clear communicator proactively and effectively communication with finance and business leadership