
Operational Finance Professional
2 days ago
Job Title: Operational Controller
- Prepare the FX position daily and coordinate with Head of Finance to ensure that FX exposure is within the required limit.
- Assist in preparation of the budget and coordinate with the regional team.
- Prepare daily Adhoc profit & loss for cotton and report to regional management after reconciling with the position and getting it validated by the commercial team.
- Prepare weekly Adhoc profit & loss for cotton and report to regional management after reconciling with the position and getting it validated by the commercial team.
- Assist in the preparation of documents and data required for internal and external audits.
- Maintain a proper stock register and reconcile it with the execution records.
- Calculate MTM independently and ensure it is correctly reflected in the SAP.
- Monitor the commodity hedge and report the variance.
- Ensure that CP balances always reflect the true position.
- Prepare the aging inventory and share it with the Head of Finance.
- Maintain an accurate record of forward contracts and highlight once the lifting date is approaching.
- Coordinate with the Manager of Taxation to ensure that any abnormal impact of tax is properly highlighted for the cotton platform.
- Prepare and circulate the credit risk report on a weekly basis.
- Prepare the monthly and weekly cash flow forecast.
- Prepare a reconciliation between flash and finalized P&L and provide quantified explanations for the variance.
- Work on automation and digital transformation to improve the accuracy of the numbers.
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