Tiger Brands Limited, a Top 40 JSE Limited company whose footprint extends across the African continent and beyond, is one of the largest manufacturers and marketers of FMCG products in Southern Africa, and has been for several decades.
Tiger Brands has been built over many decades through the acquisition and clustering of businesses. Our strategy for succe...
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You will be responsible for the accurate and timeously calculation and loading of the fully absorption cost for all SKU’s. You will also be responsible for the monthly reporting and validation of including but not limited to product mix, volume, conversion cost, productivity, efficiency, and manufacturing expense, summarize key findings and draw management’s attention and support for action. Conducting required cost review and valuation of stock and ensuring compliance with internal control requirements.
WHAT YOU’LL BRING TO THE TABLE
Working with Procurement to ensure accurate costs
Participate in business planning; prepare and coordinate the factory budget with factory management; Perform revisions or simulations if needed.
Work with team members to develop new product costing in accordance with costing standards.
Ensure full transparency of costs and financial impact to the organisation of major or strategic decisions relating to the factory
Do accurate and timeously calculation of the Fully Absorption Cost for all SKU’s. Thereby ensuring that all aspects of the manufacturing process are taken into account and reflected correctly on the ERP system
Accurate and timeous loading of new bills of material for the Manufacturing units, based on the Costing Pack
Accurate and timeous loading of change to existing bill of materials
Monthly reporting and validation of yield, purchase price and manufacturing variances
Conducting required cost review and valuation of stock
Monitor and control manufacturing expenses
Ensuring compliance with internal control requirements
Calculate the savings realised for cost savings projects based on the actual production volumes
Develop the reports and review with Finance Manager - Costing for approval before sending them to unit and supply management.
Challenge assumptions in seeking cost improvements in factory. Seek for and support cost improvement opportunities, be an active contributor to improvement projects and initiatives validate and review proposed savings. Partner with Engineering to manage costs and review capital proposals.
Compile reporting of actuals (including organizing and overseeing timeliness and accuracy of period-end close and promoting ownership of data at source); and dynamic forecasts for the factory; ensure transparency of this process; follow up and monitoring of progress to close gaps, ensuring financial policies, Accounting Standards and Costing Standards are followed.
Support 2 plants, Peanut butter which is in Kagiso Chamdor and Musina must be willing to travel to Musina.
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