Job Description

Applications are invited from suitably qualified and experienced candidates for the Business Unit Accountant position that has arisen at the Cotton Company of Zimbabwe.

Duties and Responsibilities

• Ensures profitable operations of the business unit to make a positive contribution to
the results of the whole Cottco business.
• Authorizes cash for cotton purchases.
• Verifies subsidiary summaries of seed cotton purchases.
• Verifies physical stocks at Common Buying Points against reports submitted.
• Reconciles seed cotton purchases against seed cotton received at the main ginnery.
• Prepares cash flow plan for seed cotton purchases.
• Requests funding on time from head office as per cash flow plan.
• Prepares intake and production reconciliations.
• Prepares operational budgets.
• Prepares financial statements for the business unit.
• Prepares a variance analysis between budget and actual expenditure.
• Designs and implements business unit internal controls
• Ensures all expenditure is within budget.
• Ensures security of all company assets including hardware and software.
• Conducts regular cash counts.
• Carries out spot and standard stock counts.
• Prepares and submits information for external audit purposes.
• Response to audit issues raised.
• Approves Business Unit payments.
• Ensures daily back up and correct system parameters are adhered to.
• Checks adherence to the ICT policy at business unit level.
• Acts as liaison or point person for audit interactions both internal and external for
the business unit
• Maintains the asset register for the business unit.
• Liaises and negotiates with the unit’s creditors.

Qualifications and Experience

• Degree in Accounting/Finance or any other related degree.
• Professional accounting qualification or working towards it is a must.
• At least 2 years’ experience in Accounting.
• Highly computer literate, MS Office, Pastel and related business and communication
tools.

How to Apply

Suitably qualified and experienced candidates should send their detailed CVs to [email protected] in PDF format on or before the 24th of January 2025 with the title Business Unit Accountant written in the subject line. Only shortlisted candidates will be contacted.