My client is currently looking for a Management Accountant to join the baking team.
The role will be based in Pretoria and will report to the Commercial Manager.
The role requires an analytical individual with commercial and operations experience The Management Accountant will be dealing with key issues in providing support and technical input to the commercial and ops teams to deliver insightful analysis, drive process improvement (operations and reporting) in line with the RCL strategy and ultimately maximize business valueMinimum Requirements:Minimum B.COM Accounting/Management Accounting (non-negotiable)At least 5 years operational cost and management accounting experience, including commercial costing At least 3 years working experience in a plant/factory environment Manufacturing or complex plant experience requiredSyspro or SAP experience idealDuties & ResponsibilitiesThrough close interaction with senior management, commercial and financial accounting teams, operations and other functional stakeholders, deliver on the following:CAPEX MANAGEMENTOverall responsibility for the Capex process and adherence to the relevant Limits of Authority for the Division.Review all capex applications prior to submission and provide commercial / business case input as appropriateCalculation of return on investment for proposed business plan capital projects in order to assist management with prioritisation of Capex, and ensuring that capital business plans are aligned with group allocation of fundsCoordinate post capex implementation reviewsManage actual vs target vs forecast spend monthlySubmit all required capex-based reporting to HO in accordance with the national time scheduling and guidelinesCOST CENTRE MANAGEMENT / SYSTEM MAINTENANCEOverall cost centre management and maintenanceCost reviews and Variance analysisEmpower cost centre owners to manage their spend through maintenance, development and monitoring of appropriate trackersIdentification and management of cost saving opportunities Tracking cost and efficiency initiatives Month-end close reviewsReview and maintain rate tables in the ERP where requiredREPORTINGWeekly performance Dashboards & TrackersDrafting inputs to flash reporting, dashboards, variance analysis reports & commentary Savings pipelines tracking and reportingDraft deliverables including quantitative analysis and explanations for deviations against demonstrated normsDriving the month-end timetable i.e.
stock countsAd hoc reporting where requiredBOM MANAGEMENTMaintain product costing system.Develop, oversee and drive momentum of continuous BOM and routing audit processes to be conducted by Processing and QA resources.Support initiatives designed to control costs and maximise profitability.Review and provide insight into proposed changes to product costs (as a result of trials or change in specifications) and new product proposals.Maintain the integrity and support proper execution of the NPD approval process for BOM changes/additions.Load new BOM's for trial codes requested from Master Data Calculate and implement any approved changes to product costing, clearly outlining the impact of such changes on the cost base and ultimately, profitability.Monitor, review and provide feedback on the actual impact of changes that have been made and new product costing as part of the "post launch" processBUDGETING AND FORECASTINGMaintain / develop flexible and robust forecasting tools and modelsSupporting the annual business plan and quarterly forecasting processes for all operations in accordance with the national time scheduling and guidelinesExpense business plan for the service functions of the operations in line with national guidelines and economic indicatorsReporting of the business plan and quarterly forecasts according to the formats supplied by National Office Assist with the preparation, consolidation and review of plans and budgets for the unit (Operational and Capex).Aids operations regarding general budgeting and financial reporting needs, including business plans, costing and pricing proposals, etc.STOCK CONTROLCoordinate the process of monthly stock count and communicate with related teamsInvestigate stock variances and take corrective actionAssess the stock control procedures on a continuous basis ensuring proper internal controlsCompile reformulation variance reports and tracking of corrective actionsAnalyse and report to HO monthly reformulation variance including explanations Initiate corresponding financial entries regarding stock take variancesGOVERNANCEEnsure that companies ethical standards and the requirements of the RPM are adhered to Report and or escalate any areas of non- compliance appropriately INFORMATION AND DATA MANAGEMENTDrive complete, accurate and timeous operational KPI reporting by ops teamsShare relevant data with management teams to enable reliable business decision makingPROJECTS AND AD-HOCDrive optimisation of current financial operations to realise strategic objectives of the businessProvides support to all commercial projects