Financial Controller - Cocoa

  • Category
    Accountancy & Finance - Financial Control
  • Location
    London, Greater London
  • Salary
    90000 £ - 120000 £ / Year
  • External Reference

Job Title: Financial Controller - Cocoa
Location:London (with frequent travel)

A leading commodities business based in London is currently looking for a Financial Controller within its Cocoa division. This business specialises in the origination and distribution of physical Cocoa and Coffee and the provision of value added services, including finance and risk management, to its international customer base.

This organisation global presence allows for total involvement throughout the trade. Whether it is financing the local cocoa farmers, trading commodities, or processing and shipping a variety of beans,


The Financial Controller - Cocoa is part of the Corporate Control team which works with the business and country heads in improving the overall financial performance of our overseas operations and strengthening our key business controls.

The Financial Controller - Cocoa will be a business and commercially minded individual who is able to build strong relationships across numerous departments and especially across our different origins/regions and cultures. The individual will need to develop and build an excellent understanding of the business to enable them to build business plans and define ways to identify gaps and opportunities.

In order to really know what drives the business, the individual will need to define ways to measure and report on the key indicators of its operations as well as identifying cost saving opportunities and efficiency gains.

The responsibilities of the role apply to our overseas cocoa operation and therefore the role involves frequent travels to West Africa and to a lesser extent to South America.


*Monthly Results Review:

*Provide monthly review and analysis.
*Provide commentary and feedback, have oversight of accounts receivable and larger mark to market and FX exposures of the operations.
*Report on KPI's and capital usage.

*In coordination with the financial reporting team coordinates the annual budget and business plan for the division and its profit centers.

*Liaise with Internal Audit department to ensure any deficiencies are addressed by overseas operations and provide input on key areas of risk for future internal audits.

*Financial request and analysis for overseas Capex requests

*Work as liaison between the risk department and the business and ensure we are operating under approved delegated authority and limit parameters for the areas such as but not limited to: basis/ market positions, FX position, counterparty exposure, Cocoa supplier prefinance…

*Develop standard operating procedures for position reporting and analysis and ensure there is reconciliation between risk reporting and financial reports.

*Liaise with our Group shared services teams.

Skills & Experience:
-Qualified Accountant or equivalent experience in a Controller role.
-University degree in Finance, Accounting, Business or equivalent.
-Minimum 10 years of experience in the soft commodities industry within a related or similar role.
-Proven experience of managing remote global teams.
-French or Spanish is a plus.
-Willing to travel.
-SAP experience is a plus.
-Ability to manage tasks and deadlines.

Badenoch and Clark acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers. Badenoch and Clark UK is an Equal Opportunities Employer.

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