Treasury Associate JTI (Japan Tobacco International)

What this position is about:

Reporting to the Finance Manager, the role exists to support the organisation in the implementation of its Finance strategic goals through:

• Accounts Payable/Treasury management.
• Effective cashflow and working capital management.
• Timely and accurate statutory financial reporting and Audit.
• Adherence to all financial related JSOX controls, as required by Group guidelines.
• Ensuring full compliance to ALL applicable taxes in business operations.

What you will be doing:

Efficient Management of Accounts Payable

• Ensures timely processing of vendor invoices and adherence to supplier payment terms. Reconciles vendor accounts and resolving outstanding issues.
• Ensuring invoices and credit notes comply with statutory requirements.
• Monthly review of aged advance payment balances in SAP and ensures timely follow up. Monthly review of GR/IR account and timely follows up mismatches with PR/PO Creators
• Work with Global Business Services to support the company treasury needs.

Cash and Treasury Management

• Prepares weekly and monthly cash requirements forecast.
• Reports daily bank balances to ensure adequately funded for payments (no cash outs).
• Monthly reports for bank and finance charges.
• Maintains Petty cash, cheque Books and manage in line with petty cash policy.
• Performs monthly bank reconciliations for all responsible bank accounts and clear old items.

Contribute to Tax, Audit and Compliance

• Participates in the preparation of monthly tax returns.
• Ensures payment of taxes and monitors import customs duties.
• Ensures all treasury and accounts payables postings have correct tax treatments.
• Participates in preparation of monthly tax returns.

Your Qualifications and Experience:

• University degree in Accounting/Finance/Business Administration.
• Must be a registered member of ZICA.
• Minimum 2 years experience in Treasury/Accounts Payable.
• Must have general knowledge of taxation laws and regulations pertaining to the tobacco industry.
• Fluent in English with excellent skills in MS Office tools and SAP.
• Strong interpersonal and communication skills.

Applications close on Thursday January 4, 2024