Commercial Finance Manager at Aspen Pharma Group

OBJECTIVE: 

Execute the SA Commercial Finance Functions with direct responsibility for preparing, analysing and submitting accurate, useful financial reports to key stakeholders in the business on time and in full. The role supports decision making in line with company’s strategic objectives with a focus on maximising profitability.

KEY RESPONSIBILITIES:

Month-end Close and Reporting:

• Analysis, Reporting and Management of:
• Sales (including discounts,
• dealing and rebates), COGS and Gross Profit
• Operating Expenses
• Accruals and Provisions
• including applicable balance
• sheet reconciliation and management
• Journal preparation and posting
  Analysing and explaining all variances to Budget,
  Forecast and Prior Year by (where appropriate):
  Brand
  Customer
  Division etc.

Budgeting and Forecasting:

• Annual Budget,
• Five Year Plan and Quarterly Forecast Processes
• Facilitate Budget, Forecast &
• Five-Year model processes
• Prepare and maintain
• Calculation templates
• Including loading and analysing calculated values(e.g. Log Fees, Distribution Fees, Trade Expenditure)
• Price, volume mix analysis
• Detailed review analysis and explanation of all Income
• Statement lines
• Insightful reporting on variances
• Input into Budget presentation pack
• Address queries timeously

Projects and Business Partnering:

• Ad Hoc tasks to be performed in line with applicable policies and levels of authority
  Pricing
  Selling prices
   Discounts & Dealing
  COGS
• Review and critically analyse New Product Launch P&L statements with reference to marketing plans and other input from the business
• Facilitate robust Brand Plan processes including template development, maintenance, and management by working closely with appropriate stakeholders
• Supporting the Business Heads and their teams in preparing for quarterly brand and performance reviews by providing templates, information, and meaningful analysis.
• Provide day-to-day financial support and training to the business
• Address ad-hoc queries (including Internal and External Audit requirements)
• Perform ROI analysis
• Review and sign off Commission calculations Projects as assigned
• Perform designated approval function in line with approvals framework
• Identifying and documenting risks and opportunities
• Third-party reporting in line with contractual requirements
• Process flow improvements
• Ensuring transactions are accounted for in line with IFRS
• Ensuring adequate financial controls are designed and implemented for the respective business units
• Ensuring that reports are balanced between systems and supporting documents
• Review, approve, and update SOPs from a financial control perspective

Requirements

EDUCATION & EXPERIENCE:

• Matric / Grade 12
• CA(SA) or ACMA CGMA
• At least 3 years working experience in a finance environment (audit or otherwise)
• At least 3 years post articles experience
• Prior experience in the interpretation and use of accounting standards and the Companies Act
• Pharmaceutical/FMCG industry and Commercial Finance experience preferred

KNOWLEDGE: 

• Management Accounting & Analysis
• Financial Accounting (IFRS)
• Companies Act
• MS Office
• Advanced Excel (Financial Modelling preferred)
• Master Data principles
• Scenario analysis
• ERP System (SAP advantageous)

SKILLS AND ATTRIBUTES:

• Effective planning, organising and co-ordinating skills to prioritise tasks,
• anage Mprojects and deliver high quality work under pressure
• Highly numerate
• Excellent analytical skills and attention to detail
• Logical reasoning
• Results driven
• Problem solving and decision making
• Commercial and strategic awareness
• Independent and self-directed individual who can drive execution;
• Effective interpersonal skills and able to influence people and decisions
• Clear written and verbal communication