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  • Posted: Nov 18, 2020
    Deadline: Dec 12, 2020
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    AVI LIMITED is home to many of South Africa’s leading and best-loved brands. Listed on the Johannesburg Stock Exchange in the Food Products sector, and centred on the FMCG market, AVI’s extensive brand portfolio includes more than 50 brands. Our single-minded purpose is our brands growth and development. Our brands span a range of categories i...
    Read more about this company


    Factory Finance Manager


    An opportunity has become available for a Factory Finance Manager to join our Rosslyn team. This role requires a hands-on approach, from an individual who can challenge and debate issues with a multi-disciplined team and develop an understanding of the business to aid performance and drive efficiency.


    Financial Controls

    • Manage and monitor company accounting procedures and policies, and internal controls, according to internal standards.
    • Implement and communicate Corporate Governance charter / sound accounting practices to management on site.
    • Consolidate budgets, plans and forecasts for site with adherence to strict deadlines.
    • Manage expenditure in relation to approved budgets.
    • Analyse and report to local management and head office all operational variances from budget on expenditure items also highlighting priorities to support improvement.
    • Monthly maintenance of general ledger, and authorise timeous adjustments wherever necessary.
    • Address any queries with accounts payable on request.
    • Ensure month-end procedures are adhered to according to predetermined deadlines.
    • Working capital management and reporting.
    • Review of IT authorisation/access controls and release strategies.
    • Assist with completion of annual insurance declaration.

    Financial Reporting

    • Prepare detailed and insightful monthly management accounts covering the performance of the factory. This will include providing monthly feedback to Exec’s in the factory operational review.
    • Report on Income Statement variances and provide necessary commentary.
    • Review General Ledger transactions and report on budget vs. actual.
    • Report on irregular variances that have been investigated.
    • Report on site performance measurements.
    • Provide financial input on Ad hoc project work and, where applicable, take ownership of delivery of project.

    Asset Management

    • Monthly maintenance, verification and reporting on fixed asset register.
    • Prepare, submit and track Capex workflows for the acquisition, transfer or disposal of fixed assets.
    • Conduct regular audits on fixed assets to ensure accuracy of fixed assets register.

    Capital Expenditure

    • Assist with compilation of the annual Capital Budget.
    • Oversee the authorisation and financial aspects of the acquisition of fixed assets.
    • Account for any over expenditure on acquisitions.
    • Process workflows for the updating of fixed assets register.
    • Preparation, assistance and review of EVA (Economic Value Added) Capital Expenditure Proposals.
    • Post Capex Evaluations.


    • Handle internal and external audits.
    • Recommend and implement corrective action.
    • Activity-based and Product Costing
    • Review accuracy of the bill of material on SAP.
    • Ensure all BOM’s are current.
    • Financial integrity of the bill of material.
    • Maintain & update monthly standard cost sets.
    • Generate budget and forecast cost sets.
    • Generate ABC models on SAP for budgets and forecasts.
    • Active participation in NPD forums.
    • Formulate SCE’s in full based on NPD requirements.

    People / Quality Management

    • Recruit and retain appropriate quality staff.
    • Create an environment which is conducive to learning and development (on-the-job learning).
    • Manage performance feedback process in accordance with set goals.
    • Create a team culture of commitment and delivery against predetermined objectives, values and business requirements.
    • Create and maintain a culture of accountability and responsibility.
    • Participate in maintaining the QMS programme (ISO9001, HACCP, Environmental management).


    • At least 7 years' Accounting or Financial Management experience of which a minimum of 4 years at a management level.
    • Experience gained within a FMCG or Manufacturing environment essential.
    • Experience in a food manufacturing or packaging environment ideal


    • Completed relevant qualification in Financial Accounting / Cost Accounting / Management Accounting or similar required
    • Post-graduate qualification advantageous
    • CA (SA) / CIMA highly advantageous


    • Experience in costing and administration, financial management and accounting in a manufacturing environment.
    • Excellent understanding of standard costing principles.
    • Advanced computer literacy and knowledge of MSWord, Excel, PowerPoint and an integrated accounting system.
    • SAP experience essential.
    • Project management experience.
    • A good understanding of the ABC costing methodology.
    • It is expected that the incumbent will have an affinity for factory operational issues and be able to interact effectively with a diverse range of people across functions.

    CLOSING DATE: 12/12/2020

    Method of Application

    Interested and qualified? Go to AVI Limited on to apply

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