Senior Budget & Planning Analyst - Midrand at Colgate-Palmolive

Scope of Responsibility:

• The successful incumbent will be responsible for the management of Cost of Sales drivers, lead the Non-variable overheads (NVOs) process and support on Advertising & Promotion for all three categories of Colgate Palmolive, South Africa. 
• The incumbent will support the business to drive profitability through providing accurate financial information, insights and analytics to the local leadership and management teams.

Key Responsibilities:

Cost of Sales

• Analyze variable cost and determine the drivers of actuals vs. forecast for all categories, explain any variances 
• Coordinate with the Supply Chain Finance team to understand the impact on factory performance and on gross margin by sub brand
• Coordinate with the Logistics team to analyze actuals expenditure against budget, measuring actual FTG savings against commitments
• Management of the forecast and budgeting process for materials and logistics cost

Non-Variable Overheads

• Management of the NVOs for the different cost center owners
• Monthly analysis of actual expenditure against budget by department, and explain any variances
• Coordinate, consolidate and upload into SAP NVOs numbers for budgets and forecasts 
• Coordinate FTG task forces to deliver savings to reinvest in the business

Advertising & Promotions

• Management of the advertising and promotions budget
• Coordinate, consolidate and upload A&P numbers for budgets and forecasts into SAP

Month End Activities

• Coordinate and prepare the NVO & Margin, Gross Profit roll forwards
• Coordinate and prepare the marketing analysis for the quarterly FD commentary
• Lead financial modeling and simulation of Forex impact on cost

Required Qualifications : 

• Bachelor's Degree of Commerce in Finance, Honours an advantage 
• Working Towards CIMA Qualification 
• Minimum 8 years of experience in Cost Accounting/Budget & Planning role
• Experience in an FMCG environment will be an added advantage. 
• Prior Experience in Supply Chain Finance is preferred