Commercial Finance Manager needed at RCL FOODS
RCL FOODS’s job vacancy, Career and Recruitment
Job title : Commercial Finance Manager jobs in Gauteng
Job Location : Gauteng, Pretoria
Deadline : August 25, 2022
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Minimum Requirements
Qualifications & Experience:
- BCom coupled with CA (SA) or CGMA/CIMA qualification (non-negotiable)
- Experience working for a manufacturing plant within the commercial/costing/operational finance space
- Be an innovative, confident, and creative thinker with the ability to make quick decisions
- Proven ability to influence and build collaborative relationships with a wide range of stakeholders
- Track record of managing cross-functional teams
- Extremely proficient in Excel and Microsoft applications including PowerPoint, PowerPivot, PowerBi
- SAP/Syspro experience is preferable
- Skillset and attributes required:
- Ability to manage a team and stakeholders in a matrix organization
- Eager & determined individual to get to the bottom of and resolve issues
- A project manager mindset, being able to handle numerous profitability/costing projects at one time and being flexible with the type of work you are involved in.
- Patience to work through complex technical issues as well as understand an operating unit’s needs, to keep on asking until you get to a clear understanding that can be simply communicated to others
- Ability to identify and investigate issues and provide commercial insights for continuous improvements
- Acting as a trusted business advisor to the broader commercial team and Managing Executives, including providing a clear point of view, demonstrating forward-thinking, risk analysis, and challenging existing ways of doing things
- Identify areas of improvement by uncovering the root cause and developing processes to ensure continuous improvement and overall effectiveness
- Basic awareness of different cultures and working practices across operating units
Duties & Responsibilities
Key Accountabilities
- Provide commercial support and insight into the operations and performance of the Business Unit.
- Collaborate with operational, front-end teams, functional heads of department, and executives to understand business requirements and commercial costing needs.
- Responsible for profitability reporting, pricing, and costing analysis for all the operating units within the Business unit
- Managing the price increases processes and compiling insightful customer presentations
- Managing cost and management accounting teams as well as BI and profitability systems/models
- Analyze the financial performance of the BU and make recommendations based on the findings and outcomes of the analysis.
Management Reporting
- Profitability reporting, pricing, and costing analysis for all the operating units within the Business unit
- Provide insightful reporting and interpret the impact of key cost drivers on profitability, including best-in-class initiatives
Customer Pricing Support
- Provide prompt and accurate pricing information for price negotiations.
- Ensure product and channel profitability objectives are achieved.
- Provide continuous pricing support regarding profitability to ensure that products are sold at targeted margins.
- Drive commercial conversations with and answer related queries from customers.
NPD and Costing Process
- Managing the continuous costing process for new product development or changes to existing products/manufacturing processes
- Evaluating the impact on pricing and profitability of any NPD and/or change to offerings
- Take part in BOM audits, process audits, price recovery assessments as well as costing equipment impact assessments to reduce yield/usage variances
- Ensure that profitability models/system(s) inputs (i.e. perform calculations, understand routings) are maintained by teams on a daily/weekly/monthly basis
Pricing and Profitability analysis
- Running and compiling periodic price increase models and presentations
- Ensure pricing strategy is executed as per plan and conduct post-implementation reviews
- Provide inputs into the improvements and maintenance of contribution margins through volume mix, pricing, promotional activity decisions, and cost saving initiatives
- Provide calculations, detailed analysis, and associated recommendations emanating from any initiatives that arise through cost-saving initiatives, changes in business operations, BOM/product offering changes that potentially might offer more profitable solutions
- Daily, weekly, monthly, and quarterly profitability and deep dive reporting across all operating units
- Provide profitability insights and recommendations.
New Project/initiatives Appraisal and Feasibility Assessment
- Drive the appraisal and commercial feasibility assessment of new projects and initiatives identified by the business, technical, and marketing teams.
- Ensure projects are costed accurately and ROI principles are achieved
- Conduct post-launch reviews to ensure committed return hurdles are achieved
- Capital investment appraisal for profit-enhancing initiatives
Business Plan Process and Forecasting
- Coordination of the annual 5-year business valuations, business plan, and quarterly forecasting processes in accordance with the national time scheduling and guidelines.
- Compile and review results of the business plan and sales forecasting processes, including volume and distribution revenue analysis.
- Provide insight and interpret the impact of key cost drivers on profitability.
- Interpretation of the final outcome of the business plan and forecasts ensuring that it reflects the strategic objectives of the business and initiating changes where necessary.
- Compiling strat plan, business plan, and forecasts presentations
Information and Data Management and Business Analytics
- The individual will be the custodian of profitability systems, BI models, and profitability methodology across the baking unit.
- Responsible for accuracy, completeness, and relevance of data and analytics from the profitability systems and/or models.
- Ensure team members accurately and regularly capture data onto the information system to enable access to reliable data and reporting for trend analysis and decision making.
- Weekly/daily running of raw material usage and ingredient variance tools by the team in order to reduce stock variances.
- Share relevant and insightful data with management teams to enable reliable business decision-making.
- Design and development of Dashboard, profitability reporting tools, and ad-hoc reporting
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply online