To provide overview and analysis of COS and Gross Contributions Stats, as well as assist with sales related projects and complete ad-hoc feasibility projects for Financial Executive. Reporting to the Finance and Commercial Manager.
Minimum Requirements:
Matriculation/Grade 12 school leaving certificate
Bachelor of Commerce / Diploma in Financial Accounting
2 + years’ experience in management accounting role within the Automotive Industry or Manufacturing Environment
Main Responsibilities: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 BOM’s 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 client’s 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
