Factory Accountant

Job Facts

Minimum Requirements

• Bcom /CIMA/Bcompt or NQF Level 7 Advanced Diplomas
• Sap Requirements Bcom /CIMA/Bcompt or NQF Level 7 Advanced Diplomas
• Sap Experience preferably with Copa +5 years
• Costing and Factory Budget Experience +5years
• Excel proficient
• Budgeting & Forecasting
• Lead the quarterly budgeting and forecasting process for all material costs.
• Review, validate, and approve commodity oil pricing before SAP upload.
• Conduct quarterly reviews of input costs, including packaging and other ingredients.
• Assess Purchase Price Variance (PPV) reasonability in collaboration with the Commodity Team.
• Maintain and update SAP costing data for all Product Cost Estimates (PCE).
• Verify and validate quarterly pricing updates within SAP costing processes (CK40N).
• Perform quarterly reconciliations of PCE results and provide detailed variance analysis.
• Update external SDO costings and review variable SDO charge-out rates on a quarterly basis.
• Develop detailed Factory and Boiler House budgets in partnership with Factory Management teams.
• Implement governance and reporting frameworks to improve cost control, financial visibility, and accountability across Factory and Commercial teams.
• Lead monthly reporting on factory financial performance against budget and key targets.
• Fuel for Growth Programme
• Track and report monthly on Fuel for Growth initiatives by engaging with department stakeholders to monitor project savings and budget performance.
• Provide accurate month-end tracking and reporting of savings achieved against approved project budgets.
• Ensure ongoing visibility of opportunities, risks, and cost-saving initiatives.
• Month-End Reporting & Analysis
• Review factory expenditure before month-end close to ensure alignment with approved budgets and investigate variances.
• Monitor and track factory costs related to contracted services and projects.
• Prepare detailed monthly factory cost reports, including variance analysis and commentary from operational teams.
• Partner with Factory Managers to review key cost drivers, monitor budget adherence, and identify risks to achieving financial targets.
• Escalate significant cost concerns and financial risks to the Commercial Manager.
• Maintain and update the consolidated Opex Tracker for reporting Responsibilities Budgeting & Forecasting
• Maintain and update the consolidated Opex Tracker for reporting
• preferably with Copa +5 years

Responsibilities

• Budgeting & Forecasting
• Lead the quarterly budgeting and forecasting process for all material costs.
• Review, validate, and approve commodity oil pricing before SAP upload.
• Conduct quarterly reviews of input costs, including packaging and other ingredients.
• Assess Purchase Price Variance (PPV) reasonability in collaboration with the Commodity Team.
• Maintain and update SAP costing data for all Product Cost Estimates (PCE).
• Verify and validate quarterly pricing updates within SAP costing processes (CK40N).
• Perform quarterly reconciliations of PCE results and provide detailed variance analysis.
• Update external SDO costings and review variable SDO charge-out rates on a quarterly basis.
• Develop detailed Factory and Boiler House budgets in partnership with Factory Management teams.
• Implement governance and reporting frameworks to improve cost control, financial visibility, and accountability across Factory and Commercial teams.
• Lead monthly reporting on factory financial performance against budget and key targets.
• Fuel for Growth Programme
• Track and report monthly on Fuel for Growth initiatives by engaging with department stakeholders to monitor project savings and budget performance.
• Provide accurate month-end tracking and reporting of savings achieved against approved project budgets.
• Ensure ongoing visibility of opportunities, risks, and cost-saving initiatives.
• Month-End Reporting & Analysis
• Review factory expenditure before month-end close to ensure alignment with approved budgets and investigate variances.
• Monitor and track factory costs related to contracted services and projects.
• Prepare detailed monthly factory cost reports, including variance analysis and commentary from operational teams.
• Partner with Factory Managers to review key cost drivers, monitor budget adherence, and identify risks to achieving financial targets.
• Escalate significant cost concerns and financial risks to the Commercial Manager.
• Maintain and update the consolidated Opex Tracker for reporting Responsibilities Budgeting & Forecasting
• Maintain and update the consolidated Opex Tracker for reporting