About the position
Introduction
Provide the business with accurate Revenue and Cost of Sales insights by managing Bill of Materials (BOM) variances and analyzing profitability at item level.
Duties & Responsibilities
Financial Management
- Provide the business with accurate Revenue and Cost of Sales insights by managing Bill of Materials (BOM) variances and analyzing profitability at item level.
- Conduct variance analysis by identifying and investigating differences between standard and actual costs.
- Cost and Selling price management budgeting and forecasting, including modelling and analysis.
- Perform comprehensive profitability analyses across all products to identify opportunities or corrective actions.
- Collaborate with Procurement on risk management to ensure supplier pricing supports overall company profitability.
- Support business units with the processing and costing of assemblies.
- Prepare and distribute daily sales reports.
- Produce weekly and monthly cost analysis reports to support decision-making.
- Identify cost-reduction, automation, and continuous improvement opportunities across the plant.
- Track and interpret KPIs such as OEE (Overall Equipment Effectiveness), scrap and waste levels, production uptime, cost per unit, and margin trends.
- Drive improvements in costing accuracy, financial processes, ERP utilisation, and plant reporting.
- Provide support to divisions by managing and participating in ad-hoc projects as required.
- Demonstrates strong commercial acumen through effective calculation of trading terms, discounts, rebates, and promotional agreements and improved financial performance.
Analysis
- Analyse product-level profitability, including raw material impacts, process costs, shrinkage, customer profitability and efficiency KPIs.
Support Business Strategy
- Support company vision and mission.
- Deliver on KPI's.
- Own and manage BOMS integrity and accuracy, while always investigating opportunities to improve profitability.
- Investigate opportunities to improve controls automate processes, reporting and tasks.
- Deliver on Individual / team goals
Desired Experience & Qualification
- Costing qualification, appropriate tertiary qualification aligned to the job requirements
- Minimum of 3 years commercial accounting experience.
- Must be computer literate - MS Excel, Word, PowerPoint, ERP.
- Report writing (BI) - beneficial.
