Job Description
RCL FOODS is seeking an experienced, highly analytical, deadline-driven Financial Manager to join their Vector Logistics team.

In this strategic role, the job holder will be required to :

• Create the Financial and Operational Strategy of the region together with the Regional Operations Executives & Regional Financial Executive
• Provide leadership and guidance to the Regional Finance and Operational teams
• Projects – research, investigate, motivate, and cost improvements and solutions for the various operations
• Strategically plan and assign resources for the region to achieve the required goals
• Implement and ensure compliance with Executive Directives/Business Processes/Procedures and Policies
• Manage and coordinate regional financial support to the Business
• Review Financial and Operational reporting for the region including variance analysis to provide accurate and timeous operational financial reporting
• Ensure Corporate Governance compliance across the region
• Ensure compliance with External and Internal Audit requirements & findings
• Assessment and prevention of risk in the region
• Coordination and control of the region’s budget preparation and finalization
• Daily operational decision making
• Ensure adequate controls in place to monitor and safe keep assets
• Implement monitoring systems to ensure compliance.
• The role will be based in Linbro Park and report to the Regional Finance Executive.

Minimum Requirements
Qualification

• Relevant Financial qualification (CA(SA), B Comm, CIMA, or similar)

Skills and Experience

• 5 to 10 years relevant financial and managerial experience, of which at least 5 years in a management or supervisory position
• SAP
• Excel – Intermediate level, Word, Powerpoint & Outlook
• Power BI advantageous
• Business Warehouse (BW)

Duties & Responsibilities
Strategic planning & coordination

• In conjunction with Regional Operations Executives co-create the Regional strategy, based on Operational and Financial requirements for the region
• Design the Finance Business Model for existing and new Inland sites together with the Operations Business Model (CSD, PSD, VCS, PBCS & new models)
• Costing of the Finance and Operations Models
• Communicate operational capacity required over medium and longer term, required asset utilisation and capex requirements accordingly
• Effect the agreed business models within agreed timelines to ensure effective start-up of new/change business in the Inland Region
• Align and improve efficiencies between Finance and Operations Management teams to ensure delivery of an integrated Supply Chain benefit
• Act as a support/stand in for the Regional Operations Executive

Financial Management

• Review and scrutinize monthly Financial results (income statement and balance sheet) for the region
• Compile and deliver Consolidated Monthly reports on regional operational results against budget and forecast
• Analyse and report on Volume trends, Stock losses, Margins and OPEX trends
• Analyse cost variance reports, identify, recommend, and implement improvements to optimise cost control
• Support and coordinate initiatives in the region designed to control costs and maximise profits
• Assist the regional operations management team to optimise efficiencies
• Define, measure, analyse and explain KPI fluctuations and variances
• Ensure financial disciplines and internal controls are maintained at all depots in the region
• Follow up on Internal Audit reports identifying risk in the business and ensure corrective actions indicated are actioned and implemented
• Ensure regional compliance with Procure to Pay processes
• Ensure regional compliance with Payments off Contracts
• Ensure compliance with IFRS, the Income Tax Act and operational procedures and internal controls
• Regularly review depots’ Balance Sheet accounts, ensuring no old or misallocated entries in the different accounts
• Review and ensure bi-annual Asset verifications take place and are signed off by Financial Manager & Financial Controllers and are balancing to GL ledger balances
• Direct and resolve financial queries (Stock, Finance, Debtors and Creditors)
• Review monthly Sundry Creditor Recons and Consignment recons
• Provide financial support in regional-specific projects relating to Operations
• Review and drive weekly/daily KPI targets
• Ensure compliance at stock count and sign-off of stock counts
• Ensure depot compliance with Admin Controller checklists and Compliance checklists
• Budgets, Forecasts & CAPEX
• Coordinate and control the Inland Region’s budget and forecast process and delivery within deadlines.
• Accurately compile, report and present monthly forecasts.
• Analyse, prepare and present deviations on Actuals vs Budget and Actuals vs Forecast.
• Compile and present weekly financial tracking reports.
• Ensure that Regional expense budgets and forecasts reflect the economic indicators and are aligned with Group strategy
• Report the Regional budget and forecasts in the required format and present it to management teams.
• Coordinate the Regional Capex budget and forecast within agreed parameters, prioritising projects based on return on investment, risk and ensuring that investment is in line with strategy.
• Ensure that the capital spend is within budgeted guidelines.
• Evaluate capital investment projects as and when they arise by reviewing the financial indicators and ensuring that projects yield the required return and  assist in the preparation of motivations for capex’s including presentations to the Exec team and Board.
• Provide return on investment information to the regional Operations management team to assist with the prioritisation of projects.
• Identify sound investment opportunities for the business and communicate such to the appropriate role-players.
• Ensure post implementation reviews are reported to the business.

Staff and Team Management

• Identify personnel requirements and participate in the selection process
• Lead and develop staff within the context of the Labour Relations Act, Employment Equity Act, Basic Conditions of Employment Act and the Skills
• Development Act and within RCL’s defined Leadership Standards
• Monitor staff performance and provide regular performance feedback
• Manage staff activities, ensuring service levels are met and protocols are adhered to
• Coach and support staff where necessary to achieve objectives