Job Description

Minimum Requirements CA (SA) or CIMA

Operational Finance professional with at least 10-years management and technical experience in a production environment (preferably grain Milling).

Preference will be given to candidates with experience in SAFEX-based procurement hedging models and management of commodity businesses desirable.

Duties & Responsibilities
Strategy Contribution and Execution

• Participate in the formulation and implementation of the national commercial strategy, based on a 2 to 5 year view of requirements.
• Ensure that assigned and agreed strategic targets are operationalised and achieved.
• Provide and promote the commercial perspective in the overall growth strategy.

Monthly and Annual Financial Reporting

• Coordinate the monthly operational finance close within the BU
• Ensure that efficient and reliable reporting systems are in place that will ensure accurate reporting from source data.
• Perform comparative analyses of results to business plan, forecast and last year to test accuracy and reasonableness.
• Oversee prompt resolution of queries / reconciling items.
• Assess the level of accruals held for operational expenditure each month to cover timing differences

Management Reporting

• Reporting of key performance indicator dashboards on a daily/weekly/monthly basis.
• Monthly flash and reporting of financial performance in the agreed format which will include commentary on key performance areas.
• Identify opportunities for value added reporting to improve the quality and content of reporting and message management.
• Provide sustained support to customers and principals, particularly those who raise specific queries.

Business Plan Process and Forecasting

• Co-ordination 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 stratplan, business plan and forecasts presentations

Profitability, Pricing, NPD and Costing Management

• Managing the costing process for new product development or changes to existing products/manufacturing process
• Pricing evaluations and PI implementations process (in line with commodity price changes).
• Profitability reporting, benchmarking and providing insights
• Ensure that profitability models/system(s) inputs (i.e. perform calculations, understand routings) are maintained by teams on a daily/weekly/monthly basis

New Project Appraisal and Feasibility Assessment

• Drive the appraisal and feasibility assessment of all new projects and provide commercial insight and capacity to the business unit.
• Assess and review opportunities offered by new projects.
• Ensure projects are costed accurately and profitably.

Commercial Insight and Technical Expertise

• Provide calculations, detailed analysis and associated recommendations emanating from any and all queries that arise as a result of cost saving initiatives, changes in business operations, the economic climate or potentially might offer more profitable solutions.
• Provide expertise in management team meetings to internal clients and colleagues and recommend solutions based on insights and findings.
• Provide practical commercial expertise and insights to external customers and principals as part of regular engagement and ad hoc requests.

Commodity accounting

• Monitor and review impact of commodity procurement strategies and hedging models on the business
• Support Commodity procurement exec on the commercial impact as well as evaluation of commodity procurement strategies
• Review of commodity positions and calculation of appropriate standards

Commercial Contract Management Oversight

• Oversee the contracts and associated delivery and quality for a complete cycle, ensuring commercial and cost saving benefits are realised.

Information and Data Management

• Ensure team members accurately and regularly captures data onto the information system to enable access to reliable data and reporting for trend analysis and decision making.
• Share relevant data with management teams to enable reliable business decision making.

If you are interested in this opportunity, please apply directly. If you wish to send your CV via email forward your CV to sinest

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