Ubombo Sugar Limited part of the Illovo Group is a leading producer of sugar and downstream products in Eswatini. Applications are invited from suitably qualified and experienced candidates for appointment to the above vacancy that has arisen at Ubombo, in the Finance Division. This is a 6 months fixed term contract position.
The job reports to the Finance Business Partner-Support Services or his/her nominee. The Financial Planner is responsible for producing accurate, relevant and timeous management reporting and support to the Finance Business Partner. The Planner will undertake all site/function related and routine accounting deliverables.
KEY PERFORMANCE AREAS:
• Provide accurate, timely and insightful financial reporting in a standardized format done monthly, quarterly (estimates) and annually (budget).
• Complete the budget process up to approval — prepare the original budget, five year plans and estimate for the business function. Distribute budget worksheets and relevant information and prepare budget schedules.
• Attend monthly meetings with relevant budget holders and ensure that costs are controlled within budget.
• Review phasing of all budgets versus actual expenditure and assist budget holders with queries.
• Liaise with budget holders with regards to estimates and other changes and ensure major variances are investigated and support appropriate corrective actions within Illovo to get back on track.
• Coordinate and facilitate strong financial performance through detailed business analytics and insights.
• Assist in providing relevant commentary for the month end reporting packs.
• Support appropriate corrective actions within Illovo to get back on track.
• Generate the monthly and weekly cost reports.
• Maintain the TM1 forecasting modules.
• Capture operational budgets into the TM1 system and recon/upload budgets from TM1 to TQ.
• Provide CI support (PIP report and verification).
• Generate the monthly CWIP Report, track capital project performance and update the costracsystem.
• Assist users with the preparation of CEF (Capital Expenditure Forms) within the Costracsystem.
• Participate in relevant meetings (i.e., monthly customer meetings, cost meetings for service department) as required.
• Develop and maintain favorable stakeholder relationships with all stakeholders, especially functional partners
• Embrace self-development and lifelong learning to stimulate continuous personal growth.
• Must have B Com (Accounting).
• CA/ CIMA qualifications will be an added advantage.
• Minimum 3 years relevant experience in management accounting.
• Good business analysis skills to generate business insight, add measurable value.
• Must pay attention to detail
• Ability to work and communicate effectively with people at various levels of the business.
• Excellent interpersonal skills.
• Ability to priorities, manage complexity and deal with multiple stakeholders. Value alignment to Illovo values.
The position offers a competitive package commensurate with qualifications, experience and value -add.
Applications with detailed C.V, copies of qualifications. and names of two referees, marked “Financial Planner-Interim”, must be forwarded to the Human Resources Manager or emailed to Recruitment@illovo.co.za on or before 16 January 2020.
Note: if you do not receive any correspondence within 21 days after the closing date, please consider your application to have been unsuccessful.
About Ubombo Sugar Limited
Illovo has a 60% share in Ubombo Sugar Limited, with the balance of shares held on behalf of the Swati nation by Tibiyo Taka Ngwane (Tibiyo). Ubombo, situated adjacent to the Usuthu River in the south east of the country, is one of three sugar producers in Eswatini whose combined total sugar output of more than 580 000 tons is marketed and distributed by the Eswatini Sugar Association (ESA). Around 40% of Ubombo’s current sugar production is refined and sold into the SACU region, with other preferential and regional markets. A major factory expansion and power co-generation project, commissioned in April 2011, allows the Ubombo operation to produce sufficient co-generated electricity from renewable resources to cater for all of its own factory, agricultural and other requirements. In addition, the operation exports power to the Eswatini national grid on a commercial basis.