Finance Controller - FTC at Vector Logistics

Job Purpose

• To provide national management accounting support and commercial insight for the Vector business including contribution towards the budgeting process, reporting and the commercial evaluation of projects.

Key Responsibilities

Strategy Operationalisation:

• Work in conjunction with the Logistics Manager to find opportunities for growth in the local market and present to regional team.
• Work closely with the cross functional teams to ensure the delivery of an integrated supply chain benefit.
• Manage ad hoc projects as assigned by the Regional financial manager.

Adherence to policies and standards:

• Assist with the administration of HACCP and Health & Safety.
• Internal audit support and compliance with Vector policies and procedures.
• Management of disaster recovery policies and procedures.
• Maintaining Sustainability registers and reducing waste.
• Ensure local tax structures are adhered to.

Monthly Reporting:

• Compile monthly commentary on month’s performance.
• Conduct the cost variance analysis by investigating major variances against budgets, targets and prior years.
• Compile appropriate reports that highlight issues to management based on findings.
• Monitor capacity utilisation of major assets across the business and provide feedback to senior management regarding under/over capacity situations and possible capex or lease requirements.
• Compile and analysis various reports for the month-end pack as well as other ad hoc reports and presentations for leadership and Exco meetings.

Budgeting:

• Assume responsibility for compiling key aspects of the annual financial budget.
• Ensure adherence to set deadlines and timeframes as agreed by the Business.
• Communicate with key internal personnel in order to gather information for analysis and interpretation.
• Plan and allocate tasks and monitor progress according to set timelines and ensure feedback to Senior Management.

Cost Control:

• Analyse costs against budget/forecast and investigate variances on a monthly basis.
• Continuously consider cost saving opportunities or areas where waste/inefficiencies can be eliminated and influence corrective action by line management.

Stock Management: 

• Print reports before stocktake.
• Oversee the physical count of stock.
• Review, investigate all discrepancies and implement corrective action as and when required.
• Ensure all stock GRV‘d into SAP correctly and GRIR process is completed within the required timeframe.
• Manage Chep pallet and crate position linked to KPI requirements.

Forecasting:

• Assist in the preparation in quarterly forecasts. 

Information and Data Management:

• Ensure team members accurately and regularly capture data into 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.

Team Supervision:

• Lead subordinates towards meeting strategy and targets through regular communication and utilisation of full organisational talent management tool set.
• Conduct performance appraisals and supervise team succession and resource planning.
• Provide and schedule training based on team members’ development requirements and legislation.
• Coach and support team members where necessary to achieve objectives.
• Manage the employee relations climate and ensure corrective action is taken where required in line with relevant legislation and company policy.
• Build a high energy team to deliver accurate financial reporting and a culture of corporate governance compliance.
• Manage the activities of the team and ensure internal customer service requirements are met.
• Manage leave and general time management issues in line with organisational deliverables.

Key Relationships

Internal:

• Operations.
• Supply Chain.
• Wider finance team.

External:

• Principals.
• External suppliers.
• External customers.

Qualifications, Skills and Experience Required for the Job

Qualifications and Experience

• Matric.
• Minimum BCom Accounting/Management Accounting majors.
• 5 years management accounting experience (articled or otherwise).
• Some experience/exposure in an FMCG environment, preferably in logistics.

Skills and Competencies

• Verbal and written communication.
• Computer literacy (MS Office).
• Report writing.
• Interpersonal.
• Logical thinking.
• Problem solving.
• Decision-making.
• Analytical thinking.
• An understanding of multiple key performance indicators, inter-relationship and bottom-line sensitivity.
• Management accounting principles and practices.
• SAP utilisation.
• Budget management principles and practices.
• Business strategies, targets, processes and economics.
• Technical understanding of Activity Based Costing Model methodologies.