Financial Controller


Monpi Coffee Experts Limited is currently looking for a Financial Controller to join the team.

Timely and accurate monthly reporting to the Country Manager and our overseas financiers.

Job description

  • Profit & Loss / Balance sheet
  • Status of company fixed assets -Movements during the month purchases, disposals and US$ depreciation of the month.
  • Provide month end accruals information
  • Obtain and update average and closing exchange rate for the month to the stipulated personnel as allocated by the overseas financiers.
  • Reconciled Inter-company account (financial figures and quantities)
  • Timely monthly submission of the asset and liability report
  • Calculate deferred tax asset/liabilities on a monthly basis
  • Coordinate with all branch accountants to ensure all accounting records are submitted at least on a weekly basis
  • Submission of monthly reporting based on the overseas financier calendar deadline and requirement
  • Ensure that accuracy of all submitted results and discrepancies must be addressed immediately.
  • Proficient in PNG GAAP and its latest development is required
  • Ensure compliant with Group standard Chart of account and policy
  • Ensure completion of year-end audit in accordance to the fancier audit completion deadline
  • Maintain Internal Control System and ensure proper documentation as required by the Group
  • Prompt reply to Financier Group request including request from Group and Regional Controller and Operational manager or other Group management team for the PNG entities

Key responsibilities

Monthly Management Account Reports

Compile every month before 15th a set of management reports:

  • Actual figures for the month budget & previous month
  • Detailed Profit & loss a/c with relevant back up (eg: direct costs and O/H analysis, etc…)
  • Detailed Balance Sheet with significant movement analysis including inventory movements.
  • Aging report of outstanding receivable / payables
  • Inform management about significant issues and provide recommendations
  • Report inventory for the purpose of FB at each month end in accordance to Group deadline

This report is reviewed and discussed with other senior managers at monthly management meetings.

  • Liaising with Local Revenue Authority, other official bodies, Auditors
  • Annual filing of corporation tax
  • Ensure submission of VAT return and follow up regularly progress of claim
  • Timely and accurate submission of payroll taxes each month
  • Liaise with auditors on audit issues

Job requirements

  • Minimum bachelor’s degree in Accounting & Management.
  • Minimum of 3-5 years’ work experience at a Senior Accountant level.
  • Auditing experience whilst not necessary would be looked at favorably.
  • Proven commercial experience within a similar Coffee role to demonstrate skills within production yields and commercial awareness.
  • Excellent Management and Team Leading skills.
  • Be comfortable and confident working with various levels of the local team in a challenging environment
  • Demonstrate leadership and encourage good team working skills.
  • Be a team player prepared to work closely with the Country Manager and the local team

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