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RCL FOODS is a leading African food producer in South Africa with a market capitalisation of R13 billion and employing more than 20 000 people in operations across South and Southern Africa. We manufacture a wide range of branded and private label food products which we distribute through our own route-to-market supply chain specialist, Vector Logistics. …
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Job Description
- At RCL FOODS, we are driven by a purpose that goes beyond business. Our commitment to “We grow what matters” reflects our dedication to nourishing lives, communities, and the future.
- As a leading player in the Food Manufacturing industry, we pride ourselves on delivering high-quality products and making a positive impact.As we continue to grow, we are seeking a talented and motivated individual to join our team as a Management Accountant with our Beverages operating unit.
The purpose of the Role is to:
- Compile and send out daily/weekly/monthly sales reports
- Yield variance reporting
- Stock take (analyze variance, monthly stock take meetings, implement controls if necessary)
- Product costings
- Material price variance analysis
- Stock re-valuation analysis
- Management account reporting
- Assist with the preparation of the Business Unit Deck slides
- Adhoc assistance to the plant
- To maintain the MACS Product Costing, Cost Centre Accounting and Sales and Profit modules
- To provide commercial decision-making and MACS system maintenance support focused on product costing and cost center accounting
Minimum Requirements
- Preferably a CA(SA)
- Preferably 3 to 5 years management accounting experience, incorporating commercial costing and some exposure to processing or manufacturing environments
Duties & Responsibilities
Reporting
- Upload, correct, reconcile and balance weekly/monthly reports.
- Review daily and weekly product costing reports.
- Compile a weekly and monthly report of MACS actual raw material usage against standard and:
- Validate the logic of the MACS standard usage calculation against the actual usage.
- Engage QA and Processing in order to investigate variances between standard and actual consumption levels.
- Prepare a monthly product costing report together with appropriate explanations for the monthly management accounting pack.
- Review the monthly reconciliations in product costing and cost centre accounting to ensure accuracy and completeness.
- Upload and reconcile the monthly general ledger.
- Generate the flexed budget report and conduct investigations to identify and address variances.
Product Costing
Budgeting and Forecasting
- Calculate regional quarterly/budget standard and actual product costs in MACS.
Assist with to coordinate the budget and quarterly forecast costing process including:
- Uploading the general ledger
- Uploading production
- Uploading pricing
- Testing throughput
- Testing man loads
- Testing consumption rates
- Testing activity quantities
Product Cost Integrity
- Maintain Routings and the MACS product costing system.
- Develop, oversee and drive momentum of continuous BOM and routing audit processes to be conducted by Processing and QA resources.
- Coordinate investigations and audits with the MACS Management Accountant and Plant Managers to support initiatives designed to control costs and maximise profitability.
- Review and provide insight into proposed changes to product costs (as a result of trials or change in specifications) and new product proposals.
- Maintain the integrity and support proper execution of the NPD approval process.
- Load new BOM’s for trial codes requested from Master Data
- Calculate and implement any approved changes to product costing, clearly outlining the impact of such changes on the cost base and ultimately, profitability.
- Monitor, review and provide feedback on the actual impact of changes that have been made and new product costing as part of the “post launch” process.
Project Coordination
- Assist in the compilation of Capex motivations and other irregular requirements.
- Conduct ad hoc projects and feasibility studies in respect of product profitability.
Information and Data Management
- Accurately and regularly capture data into the information system to enable access to reliable data and reporting for trend analysis and decision making.