- Johannesburg
- Salary: Market Related
- Job Type: Permanent
- Sectors: Hospitality Finance
- Reference: 68022
Vacancy Details
Employer: AVI Limited
NATIONAL BRANDS LIMITED operates 5 manufacturing sites, offering world class manufacturing facilities in Isando (Johannesburg), Rosslyn (Pretoria), Westmead and Durban (KZN). It is home to some of the best-known South African tea, coffee and creamer brands, including our delicious range of much-loved savoury and sweet biscuits, and our melt-in-your-mouth snack range.
An opportunity has become available for an experienced FINANCE MANAGER reporting directly to the Operations Executive of Coffee & Creamer and dotted line to the Commercial Executive. The incumbent is expected to have an affinity for operational and commercial issues and be able to interact effectively with a diverse range of people across various functions. The role will be based at the Isando factory
Line Manager: Operations Executive
Job Specification:
Key Performance Areas:
- Financial Controls
- Manage and monitor company accounting procedures and policies, and internal controls, according to internal standards.
- Implement and communicate Corporate Governance charter / sound accounting practices to management on site.
- Consolidate budgets, plans and forecasts for site with adherence to strict deadlines.
- Manage expenditure in relation to approved budgets.
- Analyse and report to local management and head office all operational variances from budget on expenditure items also highlighting priorities to support improvement.
- Monthly maintenance of general ledger, and authorise timeous adjustments wherever necessary.
- Address any queries with accounts payable on request.
- Ensure month end procedures are adhered to according to predetermined deadlines.
- Working capital management and reporting.
- Review of IT authorisation / access controls and release strategies.
- Assist with completion of annual insurance declaration.
- Financial Reporting
- Prepare detailed and insightful monthly management accounts covering the performance of the factory. This will include providing monthly feedback to Exec’s in the factory operational review.
- Report on Income Statement variances and provide necessary commentary.
- Review General Ledger transactions and report on budget vs. actual.
- Report on irregular variances that have been investigated.
- Report on site performance measurements.
- Provide financial input on Ad hoc project work and, where applicable, take ownership of delivery of project
- Asset Management
- Monthly maintenance, verification and reporting on fixed asset register.
- Prepare, submit and track Capex workflows for the acquisition, transfer or disposal of fixed assets.
- Conduct regular audits on fixed assets to ensure accuracy of fixed assets register.
- Capital Expenditure
- Assist with compilation of the annual Capital Budget.
- Oversee the authorisation and financial aspects of the acquisition of fixed assets.
- Account for any over expenditure on acquisitions.
- Process workflows for the updating of fixed assets register.
- Preparation, assistance and review of EVA (Economic Value Added) Capital Expenditure Proposals.
- Post Capex Evaluations.
- Audits
- Handle internal & external audits.
- Recommend and implement corrective action.
- Activity-based and Product Costing
- Review accuracy of the bill of material on SAP.
- Ensure all BOM’s are current.
- Financial integrity of the bill of material.
- Maintain & update monthly standard cost sets.
- Generate budget and forecast cost sets.
- Generate ABC models on SAP for budgets & forecasts.
- Active participation in NPD forums,
- Formulate SCE’s in full based on NPD requirements
- People / Quality Management
- Recruit and retain appropriate quality staff.
- Create an environment which is conducive to learning and development (on-the-job learning)
- Manage performance feedback process in accordance with set goals.
- Create a team culture of commitment and delivery against predetermined objectives, values and business requirements.
- Create and maintain a culture of accountability and responsibility.
- Participate in maintaining the QMS programme (ISO9001, HACCP, Environmental management)
Minimum Requirements:
Experience:
- At least 10 years' Accounting or Financial Management experience (of which a minimum of 5 years at a Management level) gained within a FMCG or Manufacturing environment.
Qualifications:
- Completed relevant qualification Cost & Management Accounting, Financial Accounting or similar
- CIMA Added Advantage
Additional Requirements:
- Experience in COSTING, BILL OF MATERIALS and administration, financial management and accounting in a manufacturing / factory environment.
- Excellent understanding of standard costing principles.
- Advanced computer literacy and knowledge of MSWord, Excel, PowerPoint and an integrated accounting system.
- SAP experience not negotiable.
- Project management experience.
- A good understanding of the ABC costing methodology.
- It is expected that the incumbent will have an affinity for factory operational issues and be able to interact effectively with a diverse range of people across functions.
Competencies:
- Thinking Analytically
- Interpreting Data
- Challenging Views
- Meeting Deadlines
- Attention to Detail
- Minimising Risk
- Planning & Organising
- Taking Initiative
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