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 value

Minimum 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 required
Syspro or SAP experience ideal

Duties & Responsibilities

Through close interaction with senior management, commercial and financial accounting teams, operations and other functional stakeholders, deliver on the following:

CAPEX MANAGEMENT

Overall 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 appropriate
Calculation 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 funds
Coordinate post capex implementation reviews
Manage actual vs target vs forecast spend monthly
Submit all required capex-based reporting to HO in accordance with the national time scheduling and guidelines

COST CENTRE MANAGEMENT / SYSTEM MAINTENANCE

Overall cost centre management and maintenance
Cost reviews and Variance analysis
Empower cost centre owners to manage their spend through maintenance, development and monitoring of appropriate trackers
Identification and management of cost saving opportunities Tracking cost and efficiency initiatives Month-end close reviews
Review and maintain rate tables in the ERP where required

REPORTING

Weekly performance Dashboards & Trackers
Drafting inputs to flash reporting, dashboards, variance analysis reports & commentary Savings pipelines tracking and reporting
Draft deliverables including quantitative analysis and explanations for deviations against demonstrated norms
Driving the month-end timetable i.e. stock counts
Ad hoc reporting where required

BOM MANAGEMENT

Maintain 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” process

BUDGETING AND FORECASTING

Maintain / develop flexible and robust forecasting tools and models
Supporting the annual business plan and quarterly forecasting processes for all operations in accordance with the national time scheduling and guidelines
Expense business plan for the service functions of the operations in line with national guidelines and economic indicators
Reporting 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 CONTROL

Coordinate the process of monthly stock count and communicate with related teams
Investigate stock variances and take corrective action
Assess the stock control procedures on a continuous basis ensuring proper internal controls
Compile reformulation variance reports and tracking of corrective actions
Analyse and report to HO monthly reformulation variance including explanations Initiate corresponding financial entries regarding stock take variances

GOVERNANCE

Ensure 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 MANAGEMENT
Drive complete, accurate and timeous operational KPI reporting by ops teams
Share relevant data with management teams to enable reliable business decision making
PROJECTS AND AD-HOC
Drive optimisation of current financial operations to realise strategic objectives of the business
Provides support to all commercial projects