THE JOB AT A GLANCE:
You will be the face of the Corporate Finance function. In addition, you will also be responsible for the group’s insurance portfolio and management of the group’s long-term share incentive scheme. In performing your duties, you will work in close partnership with the Finance, Tax, Treasury, Corporate Strategy and Human Resources functions within the Group. When it comes to Corporate Finance, you will also work with outside advisors, including legal and corporate banking.
RESPONSIBILITIES
WHAT YOU’LL BRING TO THE TABLE:
Key Attributes and Competencies
- All-rounder with technical prowess across all functions within the corporate finance space
- Good understanding of the broader implications of Corporate Finance activity on the business
- Superior analytical skills & attention to detail
- Strong leadership, interpersonal and communication skills
- Must be able to work independently with “internal customers” and outside consultants/stakeholders
- Focused on finding solutions and seeking continuous improvement opportunities in process
- An innate ability to navigate through complex situations with superior negotiating skills
WHAT YOU WILL DO:
M&A activities
- Manage relationship with the Strategy function, particularly ensuring the provision of adequate due diligence support and other M&A assistance
- Assistance to the group’s venture capital fund
- Valuations
- Liaison with transaction & legal advisors
- Inputs to, and review of, transaction documents (incl offers, purchase agreements)
- Investment Committee & Board presentations
- Ad hoc corporate finance projects
Insurance
- Own relationship with insurance broker
- Oversight of annual insurance premium renewal (including review of insurance declarations, insurance questionnaires, etc)
- Attendance of monthly operational meetings
- Monitoring of insurance claims
- Review & payment of insurance premiums
- Governance of insurance structure (including attendance of shareholder/board/premium allocation meetings)
- Attendance of Operational Risk and Risk & Sustainability Committee meetings
Share Scheme
- Measurement of performance conditions
- Liaison with HR re allocations and vesting of LTI instruments
- Liaison with actuaries/finance function on IFRS2 valuations
- Support to HR (including interpretation of LTIP rules)
- Inputs on Remuneration Report
- Ad hoc attendance of Remuneration Committee meetings
QUALIFICATIONS
ESSENTIAL SKILLS & QUALIFICATIONS:
- CA(SA) preferred
- Strong commercial experience in Corporate Finance
- A well-developed understanding of the Insurance industry.
WHAT YOU WILL BE MEASURED ON:
- Completeness of due diligences
- Accuracy of valuations
- Effectiveness (incl cost) of insurance programme
- Accurate/timeous advice to all stakeholders
- Identification of opportunities that may improve the company’s capital structure/return on financial assets
- Internal customer satisfaction
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JOB DESCRIPTION
What is the primary purpose of your job?
To manage the units' packing efficiencies, people productivity, and overall capacity of the packing facility to ensure optimum performance of packing equipment, service levels and working capital. Packing Manager to have key exposure to Maintenance Systems, OEE, Breakdowns and pro-active maintenance, Capex motivations, Budget Control, Procurement of packaging and consumables and MRP.
RESPONSIBILITIES
Key outputs of your Job
Asset Management
What are the success measures of your job?
- Achieve Overall Equipment Efficiencies of > 85%;
- Effective maintenance plan in place;
- Spares availability for machines and equipment to operate at design capacity and targeted efficiencies;
- Successful motivation and implementation of projects within budget.
What are your main tasks that you do to achieve your outputs?
- Co-ordinate machine availability and effective use of resources including Labour and ensure sufficient packaging materials are available;
- Proactive approach to Repairs and Maintenance programmes (PRAGMA);
- Budgeting, motivation and implementation of Capital Expenditure projects;
- Budget, motivate and implement Major Repairs and Maintenance projects;
- Assist in compilation of post installation review;
- Control departmental critical spares;
- Develop, budget and implement departmental 5 year facilities plan
What are the most complex decisions that you take?
- Identify potential departmental improvements and prioritise the same;
- Decide on how best to implement;
- Evaluate equipment and service suppliers and decide on best provider to be utilised based on business requirements;
- Application of in depth knowledge of packing, sealing, labelling and palletising equipment and processes to compare Major Repairs & Maintenance versus CAPEX replacement;
- Determine and maintain critical spares list.
Inventory Management
What are the success measures of your job?
- Packing material is controlled within allowable variances;
- Packing material is planned according annual forecast;
- Minimal packing material write-offs;
- Finished product stock variance within agreed tolerance
What are your main tasks that you do to achieve your outputs?
- Supervise weekly stock counts and investigate variances and take corrective measures to prevent re-occurrence;
- Ensure quality compliance of in-coming packing material;
- Ensure minimum stock levels are maintained;
- Daily balancing of stock transfers with distribution;
- Daily balancing of finished product stock reconciliation;
- Ensuring variance between BOM and actual<=1%
What are the most complex decisions that you take?
- Decides on order quantity based on forecast, supplier availability and lead time
Financial Supervision
What are the success measures of your job?
- Stock holding as per minimum ordering levels;
- Expense control within or below approved budget
What are your main tasks that you do to achieve your outputs?
- Overtime reduction to improve on budget availability;
- Control seasonal contract labour to improve on budget availability;
- BOM review quarterly;
- Prepare and manage annual production budget from zero base;
- Implement and manage all expenditure on a daily basis;
- Identify reputable suppliers for the supply of spares and services;
- Application of stores control and procurement SoP’s as per company requirements;
- Operational decision making as necessary to alter programs when time or budget limitations are reached;
- Maximise on production efficiencies;
- Minimise product rejects;
- Identify, implement and report on Continuous Improvement projects and achieve savings
What are the most complex decisions that you take?
- Overtime and contract labour planning in order to achieve required output at the lowest cost
Quality Assurance
What are the success measures of your job?
- Application of good Manufacturing Practices;
- Statistical weight control;
- Food Safety;
- Legislation;
- Decrease in Customer complaints;
- Application of good Manufacturing Practices;
- Statistical Quality Control;
- Compliance to Legislation;
- Decrease in Customer complaints;
What are your main tasks that you do to achieve your outputs?
- Storage control, Housekeeping and Cleaning Procedures, Personal Hygiene, Sanitation and Plant Maintenance;
- Compliance to quality specifications;
- Maintenance of ISO 22000 / HACCP programs;
- Compliance to Consumer Protection Act and Trade and Metrology Act;
- Preparation and completion of annual finished product bin, conveying systems and hopper cleaning and fumigation program
What are the most complex decisions that you take?
- Initiate effective corrective action in the most efficient manner
Staff leadership and Teamwork
What are the success measures of your job?
- Minimal workplace disruption
- Positive teamwork
- High morale
- Low staff turnover & absenteeism
- Team goals and core values communicated and owned by team members
- Operational Improvement Management departmental score > 3.5
- 20 Keys departmental score > 3.0
What are your main tasks that you do to achieve your outputs?
- Identifies people potential
- Appointment of candidates with the prerequisite capabilities, qualifications, experience and potential.
- Implementation of Workplace Improvement (20 Keys) and Operational Improvement Management (InvoComs) initiatives.
- Staff are developed to effectively deal with latest technology, legislation, systems and work practices
- Maintains channels of communication between (discipline) function and other function
- Maintains close liaison with other disciplines at operations to ensure integrated decision making
- Encourages the sharing of knowledge and ideas amongst own and other teams
What are the most complex decisions that you take?
- Identify the abilities of team members and decide which are best used to the benefit of the company.
- Decide on the relevant coaching and training interventions which will enhance the leadership abilities of the team leaders.
- Train and lead the team as well as provide discipline and performance feedback.
- Schedule workload to meet priorities and targets.
Health and Safety / RISK / Environmental
What are the success measures of your job?
- Compliance to Safety, Health, Environment and Risk standards
- Accident/incidents are minimized
- High safety ratings achieved;
- Implement and adhere to the Occupational Health & Safety Act
- Target zero Disabling Injuries;
- Sustainability: Efficient use of Utilities & Minimise waste
What are your main tasks that you do to achieve your outputs?
- Implement corrective actions on audit outcomes
- Attend and participate in Safety meetings;
- All new equipment, machinery and installations to be inspected and signed off
- Ensure legal compliance by signing off all registers
- Ensure all corrective actions are implemented.
What are the most complex decisions that you take?
- Rank improvements according to priority. Initiate corrective action in the most efficient manner.
Corporate Governance
What are the success measures of your job?
- Adherence to Company Policies and Procedures;
- Adds to the value of the company and is also beneficial for all stakeholders in the long term.
What are your main tasks that you do to achieve your outputs?
- Tenders, comparative quotations, Requests for Resolution, Third Party Service Provider contracts;
- Work within a set of systems, principles and processes by which the company is governed.
- Adherence to all company Policies and Procedures
What are the most complex decisions that you take?
- Ensures that costs are within budget availability.
Functional / Operational
What are the success measures of your job?
- Daily production requirements are met
- Machines availability to achieve targets
- Labour co-ordination in line with Customer / Operational requirements
What are your main tasks that you do to achieve your outputs?
- Ensuring that machines are operated at the design capacity and report any deviations;
- Executing of daily planning;
- Resource allocation;
- Tracking of daily machine running hours;
- Generate various reports based on daily activities;
- Compliance to Trade and Metrology Act.
What are the most complex decisions that you take?
- Decides on machine Change-over versus customer requirements;
- Delegating tasks to employees and ensuring the plan is executed correctly and on time
QUALIFICATIONS
Qualifications & Requirements
- A minimum of 5 years supervisory experience on packing or bottling line.
- Matric with exemption
- N4 mechanical and Electrical
- Diploma in Production management
- Milling Qualifications
Requirements, Competence and Skills required by the position
- Assertive and diplomatic
- Creative and solution orientated
- Self-motivated, capable of working independently and delivering on time
- An assertive, goal oriented self-starter with good interpersonal and organizing skills
- Detail orientated
- Sound analytical and decision-making skills
- Exhibit excellent verbal and written communication skills in English
- Be stress tolerant
- Proficient in using office software systems and related programs
Working Conditions
- Stressful
- Complex
- Non routine
- Long and irregular hours
- Legal responsibilities
- After hours availability
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