Snr Accounting & Treasury Analyst - #366415

Philip Morris International

Date: 4 days ago
City: Cape Town, Western Cape
Contract type: Full time
At PMI, we’ve chosen to do something incredible. We’re totally transforming our business and building our future on one clear purpose – to deliver a smoke-free future.

With huge change, comes huge opportunity. So, wherever you join us, you’ll enjoy the freedom to dream up and deliver better, brighter solutions and the space to move your career forward in endlessly new directions.

Our new vision means we’re reinventing our financial modelling, planning and forecasting tools. Join us in Finance and you’ll work across the full breadth of the business, making sure our new commercial model is profitable and sustainable. There’s something new to learn every single day: changes to integrate and challenges to conquer. If you love working collaboratively and doing things differently, you’ll be in your element here.

Our work spans the globe and includes audit, treasury, internal control and commercial financial support. Whether your skills are in financial control, planning and forecasting, data analytics or digital risk, there’s space to move your career forward in any number of directions.

Senior Accounting & Treasury Analyst ensure that financial records are maintained properly and accurately and are aligned with South African Statutory & Tax requirements, Labour Acts, US GAAP, PMI Policies and Procedures and lead statutory activities, including Financial Audits by PWC and regulatory reporting such as STATSSA submissions.

Your ‘day to day’

Statutory Financial Statements and Reporting

  • Lead and coordinate the annual Financial Audit by PWC resulting in preparation and publication of the statutory financial statements for all relevant South African entities (x3 + group) in compliant to local company acts and ensure completeness, accuracy, timeliness and a smooth audit process, resulting in an unqualified auditor's opinion. Additionally ensure the preparation of all related information for Statistics South Africa (STATSA), CIPC etc enabling the company to fulfill their legally required reporting roles.

Accounting, Reporting and Month End Closing

  • To ensure that the processing of all accounting entries and the underlying transactions within the responsibility of the Financial Analyst (Manual Journals, Advanced Payments & Sundry Sales) are performed in accordance with the appropriate accounting standards i.e., US GAAP and in accordance with a standard costing system. This includes providing advice and support to business units on the correct treatment/codification of their transactions as per PMI Chart of Accounts.
  • Ensure all balance sheet variance reporting for internal purposes are done monthly, quarterly, and annually as per PMI reporting instructions. Handle operational activities such as month end closing process for Accounting Dept while supporting Treasury, Accounts Receivables, and other Fleet & Insurance related activities.

Fixed Assets & Long-term Lease Management

  • Lead the company's Fixed Assets Management policy by supporting Asset Owners in leading the lifecycle of Fixed Assets from creation to disposal. Oversee the regular physical verifications of Fixed Assets through responsible departments and ensure accurate asset register is kept in line with internal Policy & Practice.
  • Ensure correct long-term leases are recognized as per IFRS 16 by coordinating with business counterparts and submitting records of qualifying leases into the SLAN platform


  • Oversee all corporate credit card activities working hand in hand with IBS Teams
  • Coordinating Fleet Credit facility with various banks
  • Coordinating Insurance policies with various institutions & support claims processes
  • Ensuring Signatories for fleet is maintained and updated with the various banks
  • Ensuring that budgets for fleet is set annually, and that actual lease and fuel costs are allocated in accordance with the fleet list.
  • Ensuring lease contracts are maintained in accordance with IFRS 16
  • Participate and support IBS Treasury Teams in activities like Dividends Payments, Funds allocations to correct COA


  • Support yearend Accruals process lead by IBS Cost Controlling
  • Support SAP Pricing Masterdata activities lead by IBS Masterdata team
  • Perform financial analysis on ad hoc basis based on requests received from different collaborators

Who we’re looking for

  • Bachelors in Finance, Professional Accounting Qualification like CA, ACCA,or CIMA advantageous
  • A minimum of 3 years’ experience in external audit & 2 years commercial experience ideally in a FMCG/costing environment
  • Knowledge in Accounting Principles, Knowledge in Financial Analysis (Balance Sheet and P&L)
  • Experience in SAP (Medium) and Excel (Advanced) required

Other Competencies Required

  • Financial analytical skills and Financial Statements reporting
  • Achievement orientated and results driven
  • Customer service/delivery orientated
  • Priority setting and being able to work autonomously
  • Effective communication skills, both oral and written with the ability to share ideas and influence thinking

What we offer

Our success depends on our dedicated employees who come to work here every single day with a sense of purpose and an appetite for progress. Join PMI and you too can:

  • Seize the freedom to define your future and ours. We’ll empower you to take risks, experiment and explore.
  • Be part of an inclusive, diverse culture, where everyone’s contribution is respected; collaborate with some of the world’s best people and feel like you belong.
  • Pursue your ambitions and develop your skills with a global business – our staggering size and scale provides endless opportunities to progress.
  • Take pride in delivering our promise to society: to deliver a smoke-free future.

To join our growing team…
Post a CV

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