Job Overview
CANSMART (ORMONDE) REPORTING TO: FINANCIAL MANAGER PURPOSE OF THE JOB In consultation with leadership, review current control systems focusing on the stock management process, covering all raw material inputs, issuing out to production and covering the balancing of production output and waste.
Develop daily key performance indicators (KPI) to be monitored highlighting variances vs agreed targets.
Drive compliance with adherence to processes and escalate variances to the relevant level of management.
Provide actionable insights to continuously improve processes and discipline.
Support the Financial Manager with various general financial duties including reporting, compliance and regulatory requirements.
Responsibilities
- COST & FINANCIAL ANALYSIS: Provide actionable insights relating to current stock management and production control processes. In consultation with management, develop reports covering performance metrics and key performance indicators (KPIs) to evaluate the performance of the stock management and production process. Conduct cost analysis for manufacturing processes, including direct and indirect costs, and provide recommendations for cost reduction and efficiency improvements. Analyze product cost structures and margin analysis to support pricing strategies and profitability assessments.
- PLIANCE AND CONTROLS: Assist FM in delivering compliance with internal controls, financial policies, and regulations. Support internal and external audits by providing required financial documentation and explanations.
- CONTINUOUS IMPROVEMENT: Identify trends, variances, and anomalies in financial data and provide recommendations for improvement. Identify opportunities for process improvements and automation in financial reporting and analysis. Stay current with industry trends, financial regulations, and best practices to enhance financial analysis capabilities.
- DATA MANAGEMENT: Support FM to maintain and update financial models, databases, and reports. Ensure the accuracy and integrity of financial data by performing regular audits and reconciliations.
- BUDGETING AND FORECASTING: Assist in the preparation and management of annual budgets and financial forecasts – supporting GM & FM. Collaborate with department heads to gather data and assumptions for accurate forecasting.
- FINANCIAL REPORTING: Prepare and present regular financial reports, including variance analysis and financial performance summaries, for senior management. Weekly cost reports. Weekly cashup. Ensure timely and accurate reporting of financial results and projections. Balance sheet preparation.
- STRATEGIC SUPPORT: Provide financial support to FM to deliver analysis and insights to support strategic decision‑making and business initiatives. Participate in cross‑functional teams to evaluate capital investment opportunities, cost‑saving initiatives, and operational improvements. Support for FM as internal liaison between group departments to achieve business deliverables.
- STATUTORY / REGULATORY REPORTING: VAT review and reporting.
Qualifications & Experience
- Bachelor's Degree in Financial Management, Accounting, or a related field (NQF 7).
- CIMA or studying towards, or a similar recognised cost accounting qualification.
- 2‑5 years' experience in Finance at a Cost / Management Accounting level within the manufacturing industry (not negotiable).
- Demonstrable experience in product costing and analysis and stock management processes.
- Strong proficiency in Microsoft Excel, ERP systems, and financial reporting tools.
- Proven ability to lead projects, manage stakeholders, and drive adherence to controls and processes.
Working Conditions
Full‑time position with standard office hours. Occasional overtime may be required to meet reporting deadlines, stock take or during peak periods. Travel to manufacturing sites will be required. Fast‑paced environment with the ability to handle multiple tasks and meet deadlines.