Management Accountant at RCL Foods

Job Description    
The RCL FOODS Talent Team is on the hunt for an experienced Management Accountant to join the Specialty team. The role will be based in Centurion and will report to the Commercial Manager. The role requires an analytical individual with commercial and operations experience

The Management Accountant will be dealing with key issues by 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)
• At least 3 to 5 years of operational cost and management accounting experience
• At least 3 years of working experience in a plant/factory environment Manufacturing or complex plant experience required
• Syspro or SAP experience ideal

Duties & Responsibilities    
CAPEX MANAGEMENT

• Overall responsibility for the Capex process and adherence to the relevant Limits of Authority for the Division.
• Review all CAPEX applications before submission and provide commercial / business case input as appropriate
• Calculation of return on investment for proposed business plan capital projects to assist management with prioritization of Capex, and ensuring that capital business plans are aligned with group allocation of funds
• Coordinate post CAPEX implementation reviews
• Manage actual vs target vs forecast spend monthly
• Submit all required Capex-based reporting to RCL HO by the national time scheduling and guidelines

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

COST CENTRE MANAGEMENT / SYSTEM MAINTENANCE

• Overall cost center management and maintenance
• Cost reviews and Variance analysis
• Empower cost center owners to manage their spending 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

BUDGETING AND FORECASTING

• Maintain/develop flexible and robust forecasting tools and models
• Supporting the annual business plan and quarterly forecasting processes for all operations by 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 the 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.

BOM MANAGEMENT

• Maintain product costing system.
• Develop, oversee and drive the 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 changes in specifications) and new product proposals.
• Maintain the integrity and support proper execution of the NPD approval process for BOM changes/additions.
• Load new BOMs 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

STOCK CONTROL

• Coordinate the process of monthly stock count and communicate with related teams
• Investigate stock variances and take corrective action
• Assess the stock control procedures continuously ensuring proper internal controls
• Compile reformulation variance reports and tracking of corrective actions
• Analyze and report to HO monthly reformulation variance including explanations Initiate corresponding financial entries regarding stocktake variances

Closing Date: 19th, April 2022