To provide management accounting and commercial support and insight regarding regional agricultural operations and to manage the commercial aspects of contract growers in the region.
Required Qualifications:
- B.Com, CIMA or CA(SA)
Required Experience:
- 5 - 7 years of management accounting experience (articled or otherwise),
- People management and some exposure to processing or manufacturing environments
Key responsibilities:
Annual Budgeting and Quarterly/ Monthly Forecasting
- Coordinate the annual budgeting and quarterly forecasting processes for the regional agricultural operations in accordance with the national time scheduling and guidelines.
- Consolidate regional Agriculture budgets and forecasts.
- Ensure completion and reasonableness of departmental budgets and forecasts.
- Ensure completion of regional Agriculture capex budgets, including collation of information and liaison with operations.
- Report key performance indicators on a daily/weekly/monthly basis.
- Report the financial performance of the regional agriculture function on a monthly basis in the agreed format that will include commentary on key performance areas.
- Calculate returns on investment for proposed budgeted capital projects in order to assist management with the prioritisation of capex, and ensure that capital budgets are aligned with Group allocations of funds.
- Report the budgets and forecasts according to the formats supplied by the National Office.
- Interpret the final outcome of the budgets and forecasts ensuring that they reflect the strategic objectives of the business and initiating changes where necessary.
Production Costing and Margin Improvement
- Maintain a close working relationship with the National Management Accounting team to ensure that the standard cost of various products is accurately maintained on the MACS system by the national team.
- Continuously analyse and audit the standard costs of products to ensure that they are accurately maintained and that they reflect the cost of the production processes.
- Continuously benchmark the standard cost of feed.
- Analyse variance reports of actual cost vs. standard cost on a monthly basis and highlight variances to management.
- Maintain a close working relationship with the regional sales team highlighting cost changes in order for them to proactively take corrective action to optimise margins.
- Track product and customer profit margins by using standard monthly.
Cost Control
- Analyse costs against budget/forecast and investigate variances on a monthly basis.
- Continuously consider cost-saving opportunities or areas where waste/inefficiencies can be eliminated and influence corrective action by line management.
- Review and authorise contract grower payments.
- Set egg prices for the farm shop.
- Set and document egg and depleted breeder prices.
Capex Management
- Identify capex opportunities to unlock profit of the operations within the context of Group capex requirements and strategy.
- Prepare and follow up on capex motivations.
- Prepare post-capex reviews.
- Review capex applications and ensure ROI requirements are met.
- Comply with capex applications and procure to payment processes (payments must comply with approved bills of work).
- Evaluate capex vs. maintenance decisions by applying company guidelines and accounting practices.
Stock Control
- Investigate raw material and finished goods stock variances and take corrective action.
- Assess the stock control procedures on a continuous basis ensuring proper internal controls.
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.
Monthly and Annual Reporting/ Review
- Analyse cost centre cost variance reports.
- Assist Agriculture managers to optimise efficiencies.
- Review daily, weekly, and monthly KPI reports ensuring accurate and timely information.
- Measure, analyse, and explain KPI fluctuations and variances.
- Report on strategic commercial scenarios.
- Prepare stock movement summaries.
- Review cycle costing and feedback to the Agriculture team.
- Review preliminary GL reports to ensure accurate cost allocation.
Functional Strategy into Action Contribution
- Work in conjunction with the Regional Commercial Executive, Regional Agriculture Executive, and the Regional Director to co-create the regional strategy, based on a 1 to 5-year view of requirements.
- Communicate operational capacity required over both the medium-term and longer-term plan, required asset utilisation, and capex requirements for Agriculture processes accordingly.
- Work closely with the cross-functional teams to ensure the delivery of an integrated supply chain benefit.
- Suggest improvements to the annual functional Strategy into Action plan and participate in the compilation of the regional finance teams contribution to the plan.
- Ensure that the agreed SIA is implemented through team targets and that these targets align cross-functionally within the area of responsibility.
Ancillary support
- Participate in region-specific projects that require financial input.
- Attend capex meetings to ensure financial aspects of capex projects are timeously adhered to.
