Finance Associate at Japan Tobacco International (JTI)

PURPOSE

This position is established to support the Finance DIrector and the local Management Team in the following areas

• General Ledger management inline with JTI operating guidelines and statutory requirements
• Periodic reporting and closing, reconciliation of KA, O2C & P2P management Financial planning cycles (ASP/LE/OL), analysis and reporting of the actual business performance,
• Financial reporting of volumes and financials, with related variance analysis and roadmaps
• Improvement of the entity internal controls environment and business processes, review and upgrade of the local policies and procedures, integration of local information systems,
• Control and management of OPEX and marketing budget and actual spend.

Functional Skills

• Excellent knowledge of Financial & Management Accounting, IFRS, Tax accounting,
• Ability to work with tight deadlines,
• Strong analytical skills,
• Excellent communication skills, team player,
• Proactive, self-starter.

MAIN AREAS OF RESPONSIBILITY

• Entity Monthly Closing / Reporting
• To perform analysis and reporting of variances and fluctuations on OPEX on a monthly basis
• To take charge of monthly/quarterly reporting to Corporate Accounting e.g. Monthly/quarterly financial packs
• Closely crosscheck and monitor all postings on S4, carry out all reconciliations and make necessary correction where required on a timely and accurate basis
• Work closely with GSC team on all inventory postings made on S4 and ensure proper reconciliation
• General Ledger
• To prepare on monthly basis Key Account reconciliation and provide explanation of all balances each of the GL accounts
• To provide support to other function when raising a PRs on the system to ensure that appropriate Materials number, GL accounts, Cost center are used in creating PR’s.
• Ensure proper postings to appropriate class of account, cost centers and make an adjustment reclass where necessary.
• Ensure that all entries are accurate and that transactions are reported in accordance with accounting standards and government regulations and make changes where necessary
• To monitor the maintenance of Master Data with respect to creation of new vendors and FSV account maintenance for the entity to ensure appropriate classification
• Compliance
• Develop assertiveness to cope with the challenging environment, especially when dealing with role Local auditors / consultants, Tax authorities, Vendors and Internal stakeholders to advocate finance as compliance watch dog
• To Put measures in place in ensuring all compliance structures are in place in view of all audit (statutory, internal and relevant tax audits) as the case may arise.
• Proactively support during statutory and/or Tax audit & queries with the preparation of documentations, reconciliations and any other information as may be required
• Assist the Finance Manager (Entity)/FD WA) in the compliance of all regulatory laws and make recommendations for internal control improvement as the case may arise
• Ensure the compliance of all invoices received are in compliance with P2P policy
• Others
• To proactively perform my task as capex manager on EAM
• Proactively support the Lease accounting team to ensure appropriate classification of Lease transactions in line with IFRS standard
• Monitor and update all accruals, prepayment made for the entity.
• Support other team members (GSC, Marketing, Admin & PPO) as the case arises

Minimum Requirements

• University Degree in Finance & Accounting; Accounting Qualification is required or in process.
• Minimum 3 years preferably in a similar position within an international environment or in an financial consulting firm.
• Fluent in English & Microsoft Office tools (Excel & Power point) is a must. SAP HANA & GPM knowledge is a plus.