Job Purpose:To provide overview and analysis of COS and Gross Contributions Stats, as well as assist with sales related projects and complete ad-hoc feasibility projects for Financial Executive.
Reporting to the Finance and Commercial Manager.Minimum Requirements:Matriculation/Grade 12 school leaving certificateBachelor of Commerce / Diploma in Financial Accounting2 + years' experience in management accounting role within the Automotive Industry or Manufacturing Environment Main Responsibilities: Financial Strategy:Participate in organisational strategy management from a financial management perspective General Financial:Provide Financial analysis and support to management and all operational areas of the businessMaintain and update accounting system (ERP: BPCS)Ensure compliance with internal control Cost Accounting:Prepare and review details product costing analysis for all new partsAnalysis all current parts and make recommendations for the financial recovery on distressed partsCalculate and propose potential price increasesReview GP percentage of individual BOM's and identify distress partsParticipate in continuous improvement initiatives Costing:Provide indicative "what-if" costings and impact on profitability for: New Product Generation and Specification to existing productsWorked closely with technical team to ensure integrity of the control sheetWorked closely with factory accountants to facilitate an understanding of and ensure that most current costs (both production and distribution) are used when calculating the profitabilityEffectively communicate and present findings as well as recommendations to the commercial manager, business development manager, technical team and the rest of the cross functional team Costing Analysis:Provide meaningful profitability information and recommend ways to optimise OEM profitability and project profitability for new businessRecover margin in underperforming categories by highlighting commercial impact (margin enhancement vs volumeopportunity) and assisted in strategic decision makingSupport the business development managers in the use of system tools regarding costing and profitabilitySupport Commercial manager in considering product rationalisation, mix comparisons and other business improvementopportunitiesChallenge product enhancement opportunitiesAttend customer and commercial meetings to provide insight to ongoing projects and commercial items Reporting:Create a platform within quarterly profitability review to evaluate the success of project post launch review, providing insight and learnings which can be taken into future launchesDevelop suitable standard of commercial reports that will provide insight, stimulate further discussion, and assist in decision making across RFQ patchWorked closely with IT to automate reporting where possibleWeekly tracking of costings done to create visibility of projects manage workload with project and customer team Effective teamwork, self-management, and management of staff:Take ownership and accountability for tasks and activities.
Demonstrate effective self-management in terms of planning and prioritising, and self-developmentFollow through to ensure that quality and productivity standards of work are consistently and accurately maintainedInform relevant parties in the event of tasks or deadlines not met, the potential risks thereof and provided appropriate resolutionSupport and drive the business core valuesManaged colleagues and client's expectations and communicated appropriatelyDemonstrate willingness to help others and "go the extra mile" to meet team targets and objectivesParticipate and drive regular performance appraisals and ensure that own targets and goals are clear and achievableMaintain a basic appreciation and awareness of employee relations climate and ensure corrective action is taken where required in line with relevant legislation and company policy