Management Accounts Assistant
3 weeks ago
2years
- Provide support to the department head/customers on market movements/trends and advise on pricing strategy and invoice and shelf/customer level.
- Provide technical and commercial support to the sales team and the ELT/Board on market trend analysis on commodities and currencies and assumptions for the annual budget.
- Assist with the review of the valuations monthly with the FM to ensure that stock is carried at the lower of actual cost/NRV.
- Carry out the procurement function across oils and fats commodities under the mandates and guidance of the department head.
- Liaise carefully with department Head to ensure that budgeted margins are achieved across all SKU’s. Review margins and provide business insight.
- Serve on the Extended Leadership Team.
- Negotiate and maintain open book pricing models with corporate customers.
- Maintain proper record keeping of weighted average cost per commodity after excluding forward sales using the FIFO method.
- Regularly interrogate costing schedules to ensure correct bombs are being applied for correct margin management.
**Qualifications and Experience**:
- CA(SA) with at least 2-5 years of post-articles experience
- Bcom degree with trading/ hedging/ costing experience
- Microsoft Excel and Pastel evolution
- Exposure to the oils and fats industry, including commodity hedging/ price setting, is ideal
- Significant experience in bottom line profitability analysis with a strong understanding of financial principles.
- Excellent human interaction, communication and organizational skills.
- Ability to multi-task and deal with multiple deadlines
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