Plant Controller

Cape Town, Western Cape, South Africa

Job Description


Sealed Air designs and delivers packaging solutions that protect essential goods transported worldwide, preserve food, enable e-commerce and digital connectivity, and help create a global supply chain that is touchless, safer, less wasteful, and more resilient. We strive to foster a caring, high-performance growth culture that will deliver consistent, sustainable profitable growth and accelerate our performance - a culture where accountability is clear and aligned, and where we reward business outcomes and impact. That culture guides everything we do, including how we partner with our customers and suppliers, how we attract and retain top talent, and how we create and deliver value for our stakeholders. In 2023, Sealed Air generated $5.5 billion in revenue in 2023 and had approximately 17,000 employees operating out of 46 countries/territories and distributing products in 115 countries/territories around the world. To learn more, visit .Manage and direct the financial and accounting affairs of the LiquiBox operations in South Africa and provide daily on-site financial support by partnering with operations and functional leadership teams.Lead the administration of accounting and financial activities, including cash management, preparation of interim and final financial statements with supporting schedules, analyzing monthly results, preparing forecasts, and leading the annual budget process for the reporting entity's management. Ensure cash flow optimization, cost control and company profitability through continuous process improvements. Responsible for monthly delivery of financial information to corporate and statutory reporting to the regulatory agencies in compliance with the company's financial policies, internal controls and accounting practices, and with local requirements. Responsible for the maintenance of the company's fiscal records and registrations, Supervise control of bank accounts, foreign exchange exposure and transactions, cost accounting, and compliance with accounting regulations and statutory filings.ResponsibilitiesMaintain and reconcile general ledger accounts on a recurring basis, including posting monthly journal entries, completing account reconciliations, providing variance analysis and investigating discrepancies.

  • Conduct month and year end closing, reconcile and balance all accounts and review monthly journal entries
  • Assist in establishing accurate and timely plant level financial statements
  • Maintain the company's system of accounts and bank accounts, and keep books and records on all company transactions, cash and assets. Maintain these books and records in compliance with all applicable tax laws and in compliance with generally accepted accounting principles (GAAP) Ensures appropriate internal controls are in place and supports effective and efficient annual corporate and statutory audits
  • Assist RM/MD/GM with weekly and/ or monthly submission to COO of operational targets and provide explanations for variances to those targets as part of the standard plant management reporting
  • Identify possible weaknesses and implement process/system solutions to ensure compliance with control procedures
  • Direct and coordinate the preparation of the budget and financial forecasts, institutes and maintain other planning and control procedures (including the cost accounting system) and analyze and report variances
  • Coordinate and direct financial audits ensuring proper interface with external auditors, timely completion of all audit procedures, and submission to investors according to the Articles of Association
  • Coordinate all finance activities with department leaders including production, maintenances, sales, engineering, procurement, HR, and IT
  • Focus on operational productivity improvements in terms of spending, resource planning, productivity initiatives, and related manufacturing variances vs. standards costs
  • Pro-actively propose process improvements to reduce costs and increase productivity
  • Review and analyze monthly results in terms of sales, margins, costs, cash flow, and capital spending vs. targets. Identify specific initiatives to improve productivity
  • Outline working capital initiatives to ensure we meet established targets
  • Manage a rolling forecast outlining developments for sales, costs, EBITDA, and working capital performance
  • Prepare & review monthly management reporting package, identifying improvement areas to drive appropriate action
  • Monitor standard costs for accuracy, driving cost revaluations
  • Provides the cost accounting expertise for the manufacturing operations
  • Support in the collections of customer accounts receivables on an as needed basis
  • Execute payments to vendors based on required payment terms
  • Lead the physical inventory counts approving book to physical adjustments
  • Review all Capital Appropriation requests, ensuring adequate ROI is achieved
  • Various ad hoc business analysis
  • Supervise accounting, administrative and other staff ensuring effective and timely results that comply with all domestic and international laws, accepted financial principals and internal controls
  • Evaluate and recommend insurance coverage for protection against property losses and potential liabilities, process claims, and support risk reduction initiatives
  • Manage the performance of the Finance and Accounts team
Qualifications, Skills and Knowledge
  • BCom in Accounting or Finance, CPA, CA (SA)
  • Strong computer skills including intermediate or higher MS Excel capability. Experience with ERP systems (Oracle a plus)
  • 10+ years of work experience focused in a senior Finance or Controlling role in a manufacturing environment
  • Cost accounting, budgeting, forecasting, experience; knowledge of financial processes, reporting and internal controls
  • Experience leading and working within a high performing team, multi-tasking projects in an efficient manner
  • Active Listening - Ability to actively attend to, convey, and understand the comments and questions of others
  • Business Acumen - Ability to grasp and understand business concepts and issues
  • Change Management - Ability to encourage others to seek opportunities for different and innovative approaches to addressing problems and opportunities
  • Interpersonal - Ability to get along well with a variety of personalities and individuals
  • Negotiation Skills - Ability to reach outcomes that gain the support and acceptance of all parties
  • Working Under Pressure - Ability to complete assigned tasks under stressful situations
  • Accountability - Ability to accept responsibility and account for his/her actions
  • Communication, Oral - Ability to communicate effectively with others using the spoken word
  • Communication, Written - Ability to communicate in writing clearly and concisely
  • Coaching and Development - Ability to provide guidance and feedback to help others strengthen specific knowledge/skill areas
  • Ethical - Ability to demonstrate conduct conforming to a set of values and accepted standards
Requisition id: 50042Relocation: NoSealed Air is committed to attracting, selecting, and developing talent that reflects the diversity of the communities and customers we serve. We take pride in our selection process to identify, infuse, and grow talent to align with our culture, values, and norms. Sealed Air prioritizes talent development, fostering a culture of continuous growth and career progression. The company is committed to providing equal employment opportunities to all applicants for employment and to all employees, without regard to race, color, religion, gender identity or expression, national origin, age, protected disability, veteran status, or any other protected status in accordance with applicable federal, state and local laws.*Please be cautious of fraudulent recruiting efforts using the Sealed Air name or logo. Sealed Air will never request private information during the application process, such as a Driver's License or Social Security Number. If you have any concerns about information received from SEE during the application process, please reach out to us directly at globalta@sealedair.com.LINK1 MON1WHY WORK AT SEALED AIR?It is our responsibility to leverage what we have to affect positive and meaningful change for our communities and planet using Sealed Airs global resources and expertise.Corporate sustainability. Its about improving the lives of people around the world by addressing pressing needs in the communities where we and our customers operate.Customer Success. Meeting our customers' needs. At Sealed Air its more than a goal, its an integral part of our business practices, our innovative solutions, and our values.Leaving our communities better than we found them through dedication of time, talent and resources.

Sealed Air

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Job Detail

  • Job Id
    JD1373605
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Cape Town, Western Cape, South Africa
  • Education
    Not mentioned