Job Description

Our Client, a National blue-chip Group Leader in the FMCG industry, is seeking to URGENTLY appoint a dynamic Finance Business Partner to be based at their Head Office in Umhlanga, KZN (R1,7 M. per annum).

MAIN PURPOSE FOR THE ROLE:

The Finance Business Partner: Head Office is responsible for partnering with the relevant function to understand, interpret and translate the functions strategies in terms of financial cost drivers and value opportunities. The role is also accountable for producing accurate, relevant and timeous management reporting that:

enables appropriate business decision making

aligns to statutory reporting requirements, and

creates value adding and analytical insights for strong financial performance.

Provides consolidated value chain reporting and support for strategic deliverables for the function.

Drives continuous improvement and operational excellence

KEY ROLES AND RESPONSIBILITIES (Accountabilities):

Work closely with the site Finance Managers to provide support to achieve and measure performance and implement best practice.

Drive best practice and a culture of continuous improvement in FP&A through Finance BP KPI development and tracking

Prepare and design new reporting models with process driven CI methodology to improve presentation and level of data analytics

Review the monthly performance and monitor against Strategic KPIs, providing insights to Exco and Senior Management

Implement standardised business processes and reporting templates where applicable

Support the Site Business Partners in preparation and compilation of South Africa Company strategic financial plan

This role is a partner to the relevant Functional Head providing both challenge and support to ensure clear accountability and insight into results.

Ensure Finance is at the heart of the decision-making process, bringing rigour to the evaluation and implementation of value-enhancing decisions.

Bring financial understanding to a business decision by ensuring alternatives are thoroughly evaluated and the optimum decision taken; uses appropriate business tools to support decision-making

Develop a good understanding of the cost drivers and identify opportunities for optimising profitability and managing costs down

Focus on streamlining processes and evolving reporting to suit the specific requirements of the business over time

Consolidate P&L forecasting and budgeting including causals, analysis and insightful management reporting in a standardised format for the function

Provide relevant, understandable information, insight and challenge to functional teams

Lead on projects to deliver the functions strategy

Undertake appropriate benchmarking and market analysis

Support and review site Cost to Serve Model and present key insights for decision making to Functional Head

Support and review Product costing models (input to Cost to Serve) on a quarterly basis, including key findings

Identify any opportunities to streamline operations to achieve cost savings or more cost-effective route to market

Prepare profit impacts for changes in cost drivers and macro assumptions for presentation to functional head with commentary

Standard Costing

Obtain an understanding of the operating and manufacturing model and ensure alignment to the Bill of Materials

Ensure the standard costing methodology is in line with Group Policy and IFRS

Review monthly variances to standard costing and obtain reasons for key variances from Site Finance Manager

Prepare monthly stock valuation journal for review, showing variance to latest forecast with commentary

Operational performance

Prepare functional performance report (production and sales), identifying any key variances to latest estimates

Review the Biological assets valuation and Root Depreciation models for reasonableness and trace to supporting documentation

Industry Support

Ensure Industry proceeds and related transactions are accurate

Notify Treasury of funding requirements for Industry outward and incoming funds

Prepare all industry related journal entries for review

Update all industry related models

Stay up to date with developments in the industry

Manages the Industry Season end AUP process with external auditors and Industry Finance team

Submit all mandatory information, per timetable

Ensure all rules are implemented and complied with

Customer and Stakeholder Accountabilities:

Builds strong partnerships with key customers

Manage strategic discussions with business partners (internal customers) and other business teams to make sure that their needs are met, and key issues are addressed

Formulate and manage SLAs with required stakeholders

People and Leadership Accountabilities:

Skill and knowledge sharing: Support and guide team members in compliance with Group processes; policies and procedures and with continuing professional education/ keeping abreast of latest technical skills

Embrace self-development and lifelong learning to stimulate continuous personal growth

MINIMUM KEY COMPETENCY REQUIREMENTS:

CA (SA) / CIMA or CTA qualification is ESSENTIAL

5-7 years experience working in Finance function

Knowledge, Skills and Competencies Required

Strong leadership and management skills

Strong business analysis skills to generate insight, add measurable value.

Deep understanding of the FMCG business and value chain

Deep understanding of the specific functions operations, cost-drivers, etc.

Attention to detail

Foster and cultivate business opportunities and partnerships.

Exceptional accounting and reporting skills.

Goal-orientated and committed to delivering quality outputs.

Good self-management practices and able to work well in a team.

Ability to work with people at various levels of the business.

Excellent interpersonal and communication skills.

Strong bias toward customer service excellence

Results driven, bias for action and a passion for excellence

Resilient, ability to cope and thrive under pressure.

APPLY NOW, BY FORWARDING YOUR CV (indicating current remuneration) TO

ExecutivePlacements.com