KWV a renowned South African brand and industry leader in the production of world-class wines, and other spirits has a permanentvacancy for a Financial Manager - Operations, based in Paarl.

• Reporting to: Financial Director



• Department: Finance



• Division: Finance Operations

Purpose:

The incumbent is responsible for the effective management and reporting of KWV's Operations' finances which will include the budget compilation & management, Costing, Customs & Excise compliance and ensuring financial systems and controls are in place to mitigate risk. The incumbent ensures that working capital and fixed assets are optimized, reporting done accurately and internal control systems are exercised diligently in order to mitigate the associated risk. The incumbent is responsible for and will continually strive to ensure that all services performed meet applicable financial standards and requirements.

Job summary:

• Implement and maintain financial policies and procedures for Operations.



• Management and monitoring of the overall Bill of Materials (BOM).



• Alignment of BOM + Routings and wastage to actual processes.



• Compliance with standard accounting procedures.



• Evaluate and review projects and determine and measure ROI of Capital Expenditure.



• Negotiates with Suppliers to better Business targets for cost increases.



• Ensure the management and verification of all products loaded on to SAP



• Review operations financial reporting systems and identify risks and errors



• Ensure sufficient controls for the management of all operations assets



• Standard monthly reporting and analysis (OPEX, CAPEX, Net production cost and variances)



• Review and reconcile provision accounts on a monthly basis



• Oversee Excise department and impact on costing and adherence to SARS' requirements



• Review Distribution costs in various channels and its impact on profitability



• Calculate replacement costs of PPE and Inventory and engage with Insurance brokers with regard to risks, insured values and claims.



• Manage and coordinate the annual budget and year-end process and ensure the execution thereof.



• Monitor and measure the costing of products to GP level for decision making



• Development and implementation of new processes and technology to mitigate financial risks across Operations



• Ensure the management of an effective Control Self-Assessment System



• Report any discrepancies to the Financial Director



• Reports to Exco team on Business Unit Operational Expenses and Variances



• Manage staff compliment of 13



• Implement training and development initiatives and align to succession or individual development plans.



• Point of contact regarding internal external audit requests



• Build and maintain strong relationships with internal and external stakeholders to achieve business goals.

Minimum Requirements:

• B Com Degree in Cost and Management Accounting or relevant tertiary qualification



• At least 6 - 8 years of financial management (Costing, Customs and Excise) experience in an operational environment



• 3-5 years' Experience of the wine & Spirits industry and/or Manufacturing



• At least 3 years of applied experience in ERP Business Software for a manufacturing environment

SkillsRequired:

• Excellent planning and organisation skills



• Excellent analytical, interpretation and numerical skills



• Good interpersonal and communication capability