Management Accountant: Profitability at RCL Foods

Job Description    
RCL FOODS is currently looking for a Management Accountant (Operations) to join the Milling team. The role will be based in Spartan/Centurion and will report to the Commercial Manager and requires an analytical individual with commercial and operations experience.

The Management Accountant will be dealing with key issues in providing support and technical input to the commercial and ops teams to deliver insightful analysis, drive process improvement (operations and reporting) in line with the RCL strategy and ultimately maximize business value.
Minimum Requirements    

• Minimum B.Com Accounting/Management Accounting (non-negotiable) and in final levels of a CIMA qualification.
• Honours Degree Advantageous.
• At least 5 years operational cost and management accounting experience, including commercial costing.
• Manufacturing or complex plant experience required.
• Syspro or SAP experience ideal.

Duties & Responsibilities    
Through close interaction with senior management, commercial and financial accounting teams, operations and other functional stakeholders, deliver on the following:

• Cost Centre Management / System Maintenance
• Overall cost centre management and maintenance.
• Cost reviews and Variance analysis.
• Empower cost centre owners to manage their spend through maintenance, development, and monitoring of appropriate trackers.
• Identification and management of cost saving opportunities.
• Tracking cost and efficiency initiatives.
• Month-end close reviews.
• Review and maintain rate tables in the ERP where required.

Reporting

• Weekly performance Dashboards & Trackers.
• Drafting inputs to flash reporting, dashboards, variance analysis reports & commentary.
• Savings pipelines tracking and reporting.
• Draft deliverables including quantitative analysis and explanations for deviations against demonstrated norms.
• Driving the month-end timetable, i.e. stock counts.
• Ad hoc reporting where required.

BOM Management

• Maintain product costing system.
• Develop, oversee and drive momentum of continuous BOM and routing audit processes to be conducted by Processing and QA resources.
• Support initiatives designed to control costs and maximize profitability.
• Review and provide insight into proposed changes to product costs (as a result of trials or change in specifications) and new product proposals.
• Maintain the integrity and support proper execution of the NPD approval process for BOM changes/additions.
• Load new BOM’s for trial codes requested from Master Data.
• Calculate and implement any approved changes to product costing, clearly outlining the impact of such changes on the cost base and ultimately, profitability.
• Monitor, review and provide feedback on the actual impact of changes that have been made and new product costing as part of the “post launch” process.

Budgeting and Forecasting

• Maintain / develop flexible and robust forecasting tools and models.
• Supporting the annual business plan and quarterly forecasting processes for all operations in accordance with the national time scheduling and guidelines.
• Expense business plan for the service functions of the operations in line with national guidelines and economic indicators.
• Reporting of the business plan and quarterly forecasts according to the formats supplied by National Office.
• Assist with the preparation, consolidation and review of plans and budgets for the unit (Operational and Capex).
• Aids operations regarding general budgeting and financial reporting needs, including business plans, costing and pricing proposals, etc.

Governance

• Ensure that RCL Foods 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

• Drive complete, accurate and timeous operational KPI reporting by ops teams.
• Share relevant data with management teams to enable reliable business decision making.

Projects and Ad-Hoc

• Drive optimization of current financial operations to realize strategic objectives of the business.
• Provides support to all commercial projects.

Technical Expertise

• Provide expertise in management team meetings and recommend solutions based on findings.
• Provide technical expertise and training to internal customers and colleagues.

KPI’s

• Timeliness, accuracy and completeness of deliverables.
• Customer satisfaction rating.