Our client, within the logistics industry seeks to appoint an experienced and suitably qualified Management Accountant to join their team based in Westville. Reporting to the Commercial Manager, this position requires an analytical individual with commercial and costing experience. The successful incumbent will be responsible for providing management accounting support and insight for the relevant customer/principal/depot.

Budgeting and Forecasting

• Prepare budget and forecasting timetables.
• Assist in the preparation of the annual budget and quarterly forecast pack for presentation to Commercial Manager.

New Business Costing

• Extract base level data for new business costing
• Execute first cut of costing for submission to Commercial Manager.

Reporting

• Oversee, analyse, and interrogate results in TM1 by customer and depot: managing the focused delivery of an accurate monthly scorecard.
• Understanding and managing of the data accuracy and reconciliation in TM1
• Overseeing the balancing of all reports, sign off on recons and documented investigation of variances.

Publish weekly and monthly “snap-shot” reports as required by the business in an accurate and timely manner by:

• Developing a broad knowledge base of the organisational processes and policies.
• Staying fully informed of operational objectives, performance, and critical trends.
• Focusing on the compilation of a monthly commercial reporting pack that highlights focus points for the month, exposes core issues, generates action plans, and assigns responsibilities.
• Engaging with Commercial Manager through presentation of the monthly commercial report and follow-up sessions where appropriate to provide the business with the tools to make informed strategic decisions, implement change and maximise profitability.
• Assist in the review and actioning of TM1 variance reports prepared using data extracted from TM1.
• Analyse and explain KPI fluctuations and variances.
• Provide monthly commentary for submission to the Commercial Manager.

ABC Model

• Understand the ABC Model and cost drivers.
• Understand the SAP cost centres and the upload into TM1 to assist in variance explanations.
• Provide commercial insight into variances of cost drivers month on month.
• Prepare presentation of major variances to Commercial Manager.
• Identify changes in the business that need to flow through the model and table.
• Maintain data process flows and present changes at commercial team meetings.

Variance Analysis

• Participate in investigations and audits to support initiatives designed to control costs and maximise profits.
• Provide commentary on the monthly reporting packs, ABC model month on month variance analysis.
• Analyse proposed changes to cost allocation and assist with data collection of new business proposals. Calculate the actual impact of changes that have been made and new cost allocation and present to the Commercial Manager.

Financial Management

• Analyse costs against budgets and forecasts.
• Provide input driving optimisation of efficiencies in the depot environment.
• Analyse actual KPI’s versus budget and work with the teams to address areas of non-conformance or concern proactively and timeously.
• Analyse all input costs within the cost centre.
• Implement cost management initiatives within the team.

Information and Data Management

• Ensure team members accurately and regularly capture data into the information system to enable access to reliable data and reporting for trend analysis and decision making.
• Share relevant data with management teams to enable reliable business decision making.
• Take responsibility for data accuracy and completeness for the relevant model.

• CA (SA)
• 3 to 5 years management accounting experience, including commercial costing.
• FMCG experience and understanding of merchandising and sales - Essential.
• Proficient in MS Office (Excel – Essential)