GROUP CONTROLLER

A. JOB SUMMARY

The Controllerassures legitimacy and propriety of all financial transactions of the company. He provides strategiccorporate direction and leadership from afinancial perspective to ensure continued alignment with corporate business plans and programs and profitability of cold storage plant business.

The Controller defines, plansand oversees strictimplementation and maintenance of allnecessary systems thatwill properly recordand reportallfinancial information pertaining to the business. He maintains a reasonable modicum of financial controls and prepares and recommends appropriate policies.He reviews,improvesand overseesfinancialsystems andprocedures as necessary for conductingcompanybusiness and complying with statutory obligations under generally accepted accounting procedure.

B. DUTIES & RESPONSIBILITIES

Finance Organization Duties

• Define, plan and organize the tasks to be carried out by the Finance Department.

• Define, propose implement and maintain all systems that are necessary for keeping proper recording of all financial information pertaining to the business.

• Define, review, improve all financial procedures and system as necessary to the company for conducting its business and educate and train all company’s staff to the application of financial procedures.

Finance Information Duties

• Properly maintain and supervise all financial books of the company (General Ledger, Sub-ledgers, Journals, Inventory lists, Trial balances,…) with related supporting documents and justifications from pre-audit to post audit including generation of timely financial reports both regulatory and shareholders/management interest.

• Undertake all closing processes (monthly, quarterly, half year, annually) of financial books according to statutory requirements and financial guidelines and procedures of the company/group.

• Prepare all budget information that are necessary for the company to meet its obligations in this respect.

• Define, propose, develop and implement new tools, procedures, information systems to enhance the quality of financial information.

• Manage the relationship with appointed auditors of the company

Cash Management Duties

• Propose any scheme, process or system and participate to the management decision process pertaining to the definition of terms and conditions for dealing with customers, suppliers and any third party of the company.

• Control the strict application of such approved terms and conditions as defined above.

• Carry out any due diligence regarding the credit worthiness of any customer, supplier or third party.

• Constantly manage, maintain and protect the value of all company’s assets.

• Implement and control application of any system as designed for monitoring and controlling the costs as incurred by the company for conducting its business.

• Perform all necessary analysis and reviews that are necessary to the management of the company to understand accumulation of revenues, expenses and costs for comparison to any business plan/budget as defined by the company.

• Define, propose, develop and implement any new tools, procedures, information systems to enhance the productivity of the company’s operations towards improvement of its financial performance.

• Maintain make maintained and supervise proper records of all cash transactions in the company with appropriate supporting reconciliation documents and justifications.

• Deal with all related third parties (banks, financial institutions…) that are involved in the cash management of the company to deal in the most appropriate way with its investment obligation (assets acquisitions, financial deposits etc.).

• Define, maintain and supervise strict application of any cash collection system.

• Propose to the management and maintain any procedure pertaining to the most appropriate way for the company to meet its