Plant Controller - Cape Town, South Africa - Optential Consulting

Optential Consulting

Verified Company

Cape Town, South Africa

2 weeks ago

Posted by:

Thabo Mthembu

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Description

Signal Hill Products is looking for a Plant Controller

Position/Title:
Plant Controller

Reports Too:
Operations Manager

Finance Function:
Finance

Area:
South Africa (Cape Town)

Number of Reports :5

Overall Responsibility:

The Plant Controller is responsible for the strategic financial direction to the plant.

As an effective business partner to the Plant Manager provides strategic direction and recommendations to improve the sites performance within a well established risk framework.

Responsible for coordinating plant budget and business planning activities in alignment with corporate policies and practices.

Ultimately the custodian of the Plant financial heath by way of a sound control environment and implementation or adherence of minimum internal controls governance framework.

Focus Area 1:
Financial Leadership and Business Partnering
Be the main financial advisor on short, medium and long term decisions affecting the plant
Offer commercial orientation and perspectives to the business leadership to drive value creation throughout the plant
Coordinate the strategic plan development and support the business leadership to evaluate ideas and options in that endeavour
Focus on key strategic imperatives and priorities by creating capability within the team to effectively drive and support initiatives that will enhance those imperatives
Provide the business leadership with key financial measures to monitor and track performance to targets
Drive ownership of good cost management practices and provide cost effective and efficient account and financial management services to the plant

Focus Area 2 :
Accounting and Finance
Design and implement sound accounting processes and systems which ensures operational best practices
Maintain a competent finance team that provides up to date and accurate information to the business at all times
Ensure good record keeping and ensure that IT systems are adequate to support the current and future needs of the business
Custodian of all Budgets requirements and performance management to targets
Promote good capex management practices and reporting in line with group approved budgets and spend mandates
Lead supplier management drive to ensure efficiency and promote continues production
Ensure efficient working capital practices are entrenched Work closely with tax authorities to ensure full compliance and minimize exposure to the business

Focus Area 3:
Governance and Control
Promote good corporate governance practices and ensures the company has a sound internal control operating environment
Promote key external stakeholder engagements which are necessary to enhance healthy
Month end inventory reconciliation to General Ledger Monitor and review inventory provision in line with slow moving, expired and obsolete items
Review and approval of Inventory ID set up and stock items master data management
Produce various daily/ weekly/period/quarterly production analysis and variance reports for Management review.

Focus Area 4:
Fixed Asset Management
Raising and Receipting of Purchase Orders for Supply function.
Generating Production Tickets, Capturing Production Tickets to reflect production plans and actual material used
WIP and staging counts, verification and reconciliation of Inventory balance report to general ledger
Inventory ID set up and stock items master data management
Month end production inventory counts confirmations and reconciliation of variances

Focus Area 5:
Reporting, Budget, Forecast and Planning
Produce various daily/ weekly/period/quarterly production analysis and variance reports for Management review.
Perform WIP Variance Analysis and WIP Balance sheet Inventory reconciliations
Collaborate with the Leadership team to determine the true cost of process inefficiencies and establish data analysis tools for effective reporting
Establish actual cost using standard/job cost methods
Compile and prepare variance report data comparing standard costs to actual production costs
Participate in the monthly close process.

Prepare month end general accruals and account reconciliations and perform a variety of other routine accounting tasks that support forecasting, budgeting, and internal control activities.

Provide a variety of routine office and clerical support as required including the preparation of documents, spreadsheets, presentations, or other communication as well as providing back-up support to the Accounting department as required.

Perform all other duties/special projects as assigned.

Focus Area 6:
Governance and Control
Produce various daily/ weekly/period/quarterly production analysis and variance reports for Management review.
Perform WIP Variance Analysis and WIP Balance sheet Inventory reconciliations
Collaborate with the Leadership team to determine the true cost of process inefficiencies and establish data analysis tools for effective reporting
Establish actual cost using standard/job cost methods Compile and