Management Accountant - Hammarsdale at Rainbow Chicken

Job Advert Summary    

• RAINBOW CHICKEN is seeking a Management Accountant to join our Commercial team based in KZN - Hammarsdale.This position plays a key role in the development of the Finance team’s commercial engagement with the business. 

Minimum Requirements    

• Tertiary finance related qualification. Preferably, but not limited, CA or CIMA
• 2-5 year’s in Commercial function
• SAP experience preferential
• Costing experience beneficial

Duties and Responsibilities    
Coordination:

• Oversees, analyses and interrogates results captured on a daily basis by cost administrators, admin clerks and external resources:
• Managing the focused delivery of accurate daily results, ensuring data interiority. 
• Maintaining the excel consolidation models that generate weekly and monthly “snap-shot” reports
• Streamlining existing processes and paper trails in order to reduce the risk of human error and improve speed of information delivery
• Overseeing the balancing of weekly production, calculation of divisors and valuation of closing stocks

Preparation and Reconciliation:

• Consolidating, reviewing and sense check of output from the co-ordination process
• Conducting an initial review, reallocation and accrual of necessary GL expenditures on a monthly basis
• Prepare month end timetable’s and co-ordinate process to ensure all deadlines are met
• Prepare and reconcile month end stock take variances on all storage locations to ensure accurate GL expenditure on all materials and assets. 
• Investigating, interrogating and analysing of core variances and trends in order to support the presentation of an accurate and informative set of results

Reporting:

• Publishing weekly and monthly “snap-shot” reporting as required by the business in an accurate and timely manner by:
• Developing  a broad knowledge base of the organisational process and policies
• Staying fully informed of operational objectives, performance and critical trends
• Focused development of a monthly commercial report that highlights focus points for the month, exposes core issues, generates action plans and assigns responsibilities
• Engaging with senior regional management through presentation of the monthly commercial report and individual follow-up sessions where appropriate in order to provide the business with the tools to make informed strategic decisions, implement change and maximise profitability
• Prepare, interpret and present monthly consumption reporting for all Packaging, Ingredient and Raw material variances.
• Prepare and interrogate Man Load Flexed report explaining utilisation vs production.  

Governance: 

• Ensure that Rainbow ethical standards and the requirements of the RPM are adhered to
• Report and/or escalate any areas of non- compliance appropriately

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

Effective Teamwork, Self Management & Coaching:

• Take ownership and accountability for tasks and activities and demonstrates effective self management in terms of planning, prioritising and self-development 
• Follow through to ensure that quality and productivity standards of work are consistently and accurately maintained
• Inform relevant parties in the event of tasks or deadlines not met, the potential risks thereof and provide appropriate resolution
• Support and drive the business core values
• Manage colleagues and client’s expectations and communicate appropriately
• Demonstrate willingness to help others and “go the extra mile” to meet team targets and objectives
• Champions training and development of self and others through utilising available training opportunities or contributing to the development of new training solutions in collaboration with national training specialists
• Participate and drive in regular performance appraisals and ensure that own targets and goals are clear and achievable
• Maintain a basic appreciation and awareness of employee relations climate and ensure corrective action is taken where required in line with relevant legislation and company policy
• Lead and influence processing/ commercial team through regular and effective communication
• Coach and support team members where necessary to achieve objectives

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. 

Distribution for Region. 

• Commercial Support to National Distribution Management for regional Distribution and Transport Costing. 
• Provide commercial insight into Distribution, Transport and Storage costing to support decision-making.

Regional Planning

• Support regional planners in mix optimisation.
• Provide commercial insight into mix changes to support decision-making.

Costing:

• Includes all Mac’s related costing: Actualisation (monthly & quarterly)
• Product Profitability Analysis per SKU
• Material Consumption Reporting (All materials) 

New Product Development

• Bom Audits (regularly)
• Details of the above can be provided on request. 
• Generate and interpret monthly consumption reports and drive awareness and accountability through regular communication
• Support costing team with other regional specific product costing information

Other:

• Assists with the preparation of Capex motivations to support sustainable investment and Conduct post implementation audits on all major capex items in line with the RPM and compile reports for Exco and RF Board sign-off. 
• Cash Flow Forecasting and management thereof. 
• Supporting Commercial manager as required with special projects or other tasks/ analysis required in providing commercial support to the further processing team