- Grade 12
- BCom / Degree in Financial Accounting or related qualification
- Minimum 4 to 5 years experience in management accounting role. Automotive Industry and Manufacturing Environment experience.
Financial Strategy:
- Participate in organisational strategy management from a financial management perspective.
General Financial:
- Provide Financial analysis and support to management and all operational areas of the business.
- Maintain and update accounting system (ERP: BPCS)
- Ensure compliance with internal control
Cost Accounting:
- Prepare and review details product costing analysis for all new parts
- Analysis all current parts and make recommendations for the financial recovery on distressed parts.
- Calculate and propose potential price increases
- Review GP percentage of individual BOMs and identify distress parts
- Participate in continuous improvement initiatives.
Costing:
- Provide indicative "what-if" costings and impact on profitability for: New Product Generation and Specification to existing products.
- Worked closely with technical team to ensure integrity of the control sheet.
- Worked closely with factory accountants to facilitate an understanding of and ensure that most current costs (both production and distribution) are used when calculating the profitability.
- Effectively communicate and present findings as well as recommendations to the commercial manager, business development manager, technical team and the rest of the cross functional team.
Costing Analysis:
- Provide meaningful profitability information and recommend ways to optimise OEM profitability and project profitability for new business.
- Recover margin in underperforming categories by highlighting commercial impact (margin enhancement vs volume opportunity) and assisted in strategic decision making.
- Support the business development managers in the use of system tools regarding costing and profitability.
- Support Commercial manager in considering product rationalisation, mix comparisons and other business improvement opportunities.
- Challenge product enhancement opportunities.
- Attend customer and commercial meetings to provide insight to ongoing projects and commercial items.
Reporting:
- Create a platform within quarterly profitability review to evaluate the success of project post launch review, providing insight and learnings which can be taken into future launches.
- Develop suitable standard of commercial reports that will provide insight, stimulate further discussion, and assist in decision making across RFQ patch.
- Worked closely with IT to automate reporting where possible
- Weekly tracking of costings done to create visibility of projects manage workload with project and customer team.
Effective teamwork, self-management, and management of staff:
- Take ownership and accountability for tasks and activities. Demonstrate effective self-management in terms of planning and prioritising, and self-development
- Follow through to ensure that quality and productivity standards of work are consistently and accurately maintained.
- Inform relevant parties in the event of tasks or deadlines not met, the potential risks thereof and provided appropriate resolution
- Support and drive the business core values.
- Managed colleagues and clients expectations and communicated appropriately.
- Demonstrate willingness to help others and "go the extra mile" to meet team targets and objectives.
- Participate and drive regular performance appraisals and ensure that own targets and goals are clear and achievable.
- Maintain a basic appreciation and awareness of employee relations climate and ensure corrective action is taken where required in line with relevant legislation and company policy.