Job Description

Job Title: Stocks Accounts Controller

ACTIVITIES

• At all times remain cognizant of the company’s safety requirements with regard to the position and conduct, including abiding by the 12 golden rules on safety. Report all cases of near misses encountered and use a STOP card where necessary.
• Manages all Petroleum Taxes (Preparation of Petroleum Tax schedules and ensuring appropriate Taxes are paid to the Government)
• Costing of fuel products into SAP.
• Costing Bitumen Product imports into SAP
• Preparing inventory count documents and entering count in the system for materials gains/losses
• Preparation of Consignment Stock report – M+10
• Reversal of goods issue in SAP
• Responsible for material master data for products, packaging materials, and service articles in SAP
• Ensure that material master files are prepared and sent to Paris on a timely basis for material code creation and modification.
• Ensuring that outstanding items based on supplier reconciliation reports are thoroughly investigated and adequately explained.
• Monthly evaluation of obsolete/slow-moving stock.
• Assist with margin analysis.
• Ensure the implementation of best practices in the MM module (MM Key User).
• Training of all staff on MM module in SAP.

Supervisory Roles

• Oversight responsibility towards the Stocks Officers.
• Supervises monthly reconciliation of fuels stock, Lubricants, and related products.
• Review ALL Monthly Reconciliations to General Ledger and ensure variances are adequately explained.

Context and environment

Context

Ghana is an Anglophone country and has over sixty (60) active Oil Marketing Companies. Total

Petroleum Ghana Limited is the leading OMC in Ghana with two [2] main competitors, namely, Shell and Goil. it has a cumulative Market Share of more than 20%. Currently, the market in Ghana is

partially deregulated. The local currency is the Cedi which shows signs of volatility from time to time.

Accountabilities

• Update the file of Taxes and Levies.
• To complete product movement reconciliation by M+4 with the support of the Customer Service and Operations Departments.
• To ensure that our suppliers are not over/underpaid and paid on time to guarantee our supplies.
• To update creditors’ accounts, reconcile levies accounts in SAP.

Candidate profile

Qualification

• A good University degree or a part qualified member of any of the Professional Accounting bodies
• Very good interpersonal, communication, and analytical skills.
• Must have excellent organizational skills.

Additional Information

Dimensions

Volume (K Ton) 477

Turnover excluding tax (in millions USD) 475

Gross Margin Variable cost (in millions USD) 44

Operating profit (in millions USD) 19

Activities

• At all times remain cognizant of the company’s safety requirements with regard to the position and
• conduct, including abiding by the 12 golden rules on safety. Report all cases of near misses
• encountered and use a STOP card where necessary.
• Manages all Petroleum Taxes (Preparation of Petroleum Tax schedules and ensuring appropriate
• Taxes are paid to the Government)
• Costing of fuel products into SAP.
• Costing Bitumen Product imports into SAP
• Preparing inventory count documents and entering count in the system for materials gains/losses
• Preparation of Consignment Stock report – M+10
• Reversal of goods issue in SAP
• Responsible for material master data for products, packaging materials, and service articles in SAP
• Ensure that material master files are prepared and sent to Paris on a timely basis for material code
• creation and modification.
• Ensuring that outstanding items based on supplier reconciliation reports are thoroughly investigated and adequately explained.
• Monthly evaluation of obsolete/slow-moving stock.
• Assist with margin analysis.
• Ensure the implementation of best practices in the MM module (MM Key User).
• Training of all staff on MM module in SAP

Supervisory Roles

• Oversight responsibility towards the Stocks Officers.
• Supervises monthly reconciliation of fuels stock, Lubricants, and related products.
• Review of ALL Monthly Reconciliations to General Ledger and ensure variances are adequately explained.
• Oversees and checks network activities of all storekeepers and depot stock officers in SAP(MM).

Context

Ghana is an Anglophone country and has over sixty (60) active Oil Marketing Companies. Total

Petroleum Ghana Limited is the leading OMC in Ghana with two [2] main competitors, namely, Shell and Goil. it has a cumulative Market Share of more than 20%. Currently, the market in Ghana is

partially deregulated. The local currency is the Cedi which shows signs of volatility from time to time.

Accountabilities

• Update the file of Taxes and Levies.
• To complete product movement reconciliation by M+4 with the support of the Customer Service and Operations Departments.
• To ensure that our suppliers are not over/underpaid and paid on time to guarantee our supplies.
• To update creditors’ accounts, reconciliation levies account in SAP

Qualification

• A good University degree or a part qualified member of any of the Professional Accounting bodies
• Very good interpersonal, communication, and analytical skills.
• Must have excellent organizational skills.