OBJECTIVE OF ROLE
Execute the SA Commercial Finance Functions with direct responsibility for preparing, analyzing and submitting accurate, useful financial reports to key stakeholders in the business on time and in full. The role supports decision making in line with company’s strategic objectives with a focus on maximizing profitability.
KEY RESPONSIBILITIES
Month-end Close and Reporting:
Analysis, Reporting and Management of:
Sales (including discounts, dealing and rebates), COGS and Gross Profit
Operating Expenses
Accruals and Provisions including applicable balance sheet reconciliation and management
Journal preparation and posting
Analyzing and explaining all variances to Budget, Forecast and Prior Year by (where appropriate):
Brand
Customer
Division etc.
Budgeting and Forecasting:
Annual Budget, Five Year Plan and Quarterly Forecast Processes
Facilitate Budget, Forecast & Five-Year model processes
Prepare and maintain calculation templates including loading and analyzing calculated values (e.g. Log Fees, Distribution Fees, Trade Expenditure)
Price, volume mix analysis
Detailed review analysis and explanation of all Income Statement lines
Insightful reporting on variances
Input into Budget presentation pack
Address queries timeously
Projects and Business Partnering:
Ad hoc tasks to be performed in line:
with applicable policies and levels of authority
Pricing:
Selling prices
Discounts & Dealing
COGS
Review and critically analyse New Product Launch P&L statements with reference to marketing plans and other input from the business
Facilitate robust Brand Plan processes, including template development, maintenance, and management by working closely with appropriate stakeholders
Support the Business Heads and their teams in preparing for quarterly brand and performance reviews by providing templates, information, and meaningful analysis
Provide day-to-day financial support and training to the business
Address ad hoc queries (including internal and external audit requirements)
Perform ROI analysis
Review and sign off commission calculations
Projects as assigned
Perform designated approval function in line with approvals framework
Identify and document risks and opportunities
Third-party reporting in line with contractual requirements
Process flow improvements
Ensure transactions are accounted for in line with IFRS
Ensure adequate financial controls are designed and implemented for the respective business units
Ensure that reports are balanced between systems and supporting documents
Review, approve, and update SOPs from a financial control perspective
Requirements
EDUCATIONAL REQUIREMENTS
Matric / Grade 12
CA(SA) or CIMA
KNOWLEDGE & EXPERIENCE REQUIREMENTS
At least 3 years working experience in a commercial finance environment, post articles
Prior experience in the interpretation and use of accounting standards and the Companies Act
Pharmaceutical / FMCG industry experience / exposure preferred
SOFT SKILLS AND COMPETENCY REQUIREMENTS
Effective planning, organising and co-ordinating skills to prioritise tasks, manage projects and deliver high quality work under pressure
Highly numerate
Excellent analytical skills (Scenario analysis) and attention to detail
Logical reasoning
Results driven
Problem solving and decision making
Commercial and strategic awareness
Independent and self-directed individual who can drive execution.
Effective interpersonal skills and able to influence people and decisions
Clear written and verbal communication
Management Accounting & Analysis
Financial Accounting (IFRS)
Knowledge of Master Data Management (MDM) principles
COMPUTER SKILLS REQUIRED
MS Office
Advanced Excel (Financial Modelling preferred)
ERP systems (SAP advantageous)
go to method of application »
Apply via company website ( ) or