Experience

• Minimum of 3-5 years’ experience in an FMCG manufacturing facility.
• Relevant finance qualifications
• Experience in similar business partner roles

Responsible for the accurate and timeously calculation and loading of the full absorption cost for all SKU’s.

Monthly reporting and validation of including but not limited to product mix, volume, conversion cost, productivity, efficiency, and manufacturing expense, summarize key findings and draw management’s attention and support for action.

Conducting the required cost review and valuation of stock and ensuring compliance with internal control requirements.

• Working with Procurement to ensure accurate costs
• Responsible for the accurate and timeously calculation of the Fully Absorption Cost for all SKU’s. Thereby ensuring that all aspects of the manufacturing process are taken into account and reflected correctly on the ERP system
• Accurate and timeous loading of new bills of material for the Manufacturing units, based on the Costing Pack
• Accurate and timeous loading of change to the existing bill of materials
• Monthly reporting and validation of yield, purchase price and manufacturing variances
• Conducting the required cost review and valuation of stock
• Monitor and control manufacturing expenses
• Ensuring compliance with internal control requirements
• Calculate the savings realised for cost savings projects based on the actual production volumes
• Develop the reports and review with Finance Manager -Costing for approval before sending them to unit and supply management.
• Challenge assumptions in seeking cost improvements in factory. Seek and support cost improvement opportunities, be an active contributor to improvement projects and initiatives validate and review proposed savings. Partner with Engineering to manage costs and review capital proposals.
• Compile reporting of actuals (including organizing and overseeing timeliness and accuracy of period-end close, and promoting ownership of data at source), and dynamic forecasts for the factory; ensure transparency of this process; follow up and monitoring of progress to close gaps, ensuring financial policies, Accounting Standards and Costing Standards are followed
• Participate in business planning; prepare and coordinate the factory budget with factory management; Perform revisions or simulations if needed. Work with team members to develop new product costing in accordance with costing standards.
• Ensure full transparency of costs and financial impact to the organisation of major or strategic decisions relating to the factory

Experience

• Minimum of 3-5 years’ experience in an FMCG manufacturing facility.
• Relevant finance qualifications
• Experience in similar business partner roles