General Ledger & Reporting

1. Monthly, quarterly and yearly reporting to HO as per DSV and JV Financial Manuals.

2. Statutory reporting in accordance with local laws and requirements.

3. Assists Shared Service Centre as operational interface & query handling.

4. Approves and submits journal entries (excluding standard accrual).

5. Reviews and approves G/L account reconciliations.

6. Co-operation with external and internal auditors and follow-up of their reports.

7. Conducts Internal compliance activities.

8. Reviews regulatory reporting package for submission.

9. Requests post period adjustments.

Tax (Corporate Income Tax)

10. Reviews and sign-off tax & statutory returns and hands over to authorities and, if necessary, assists resolve inquiries.

11. Submits periodical declaration on payment & remittances.

12. Lead local tax audits.

13. Maintains local tax documentation.

14. Review the monthly / quarterly / annual tax reporting and tax calculation.

Accounts Payable/Receivable

15. Focus on net working capital improvement.

16. Maintains list of vendors and timing relevant for reconciliation.

17. Approves non forwarding invoices.

18. Reviews and advises reports on monthly recurring payments, urgent payments and direct debits.

19. Handles electronic uploads of vendor invoices (electronic invoices).

20. Reviews, advices and authorizes payment proposal as well as submits and confirms payment request to bank.

21. Ensure to clean vendor debit balances before month end.

22. Signs and sends cheques if applicable.

23. Approve urgent payments.

24. Negotiate vendors for better payment terms.

25. Coordinate vendors for ICV improvement plans.

Fixed Asset Accounting

26. Manages fixed assets tag and numbers.

27. Reconciles fixed assets/ organizes local fixed assets reconciliation and addresses differences accordingly.

28. Periodical asset counts and reconciliations.

Treasury

29. Review guarantee wordings along with regional treasury team.

30. Coordinate with Commercial and regional treasury teams for guarantee requirements.

31. Monitor bank guarantees for renewal and cancellations.

32. Maintain and update bank signatories.

33. Monitor and hedge foreign currency exposure.

Cash Management

34. Weekly liquidity reporting.

35. Weekly Networking capital charge reporting

36. Approve bank reconciliation and resolve disputes and issues.

37. Manages general cash flow to ensure timely transfer of customs duties and vendor payments.

38. Reconcile and update custom duty advances with customer and vendors.

Key Performance Indicators

· Timely closing (part of Group Finance KPI)

· Number of adjustments of reporting package/ tax too after deadline (part of group finance KPI)

· Days payable outstanding (DPO) and Days sales outstanding (DSO)

· Tax compliance for computation, declaration, timeline

· Daily monitoring of FX positions and P&L development and cash forecast

· Avoid bank overdrafts (exceptions coordinated with group)

· Ensures daily bank reconciliation (with ISSC)