Management Accountant

Job Title

Management Accountant

Company

RCL Foods

Location

Westville

Job Type

Permanent

Job Description

RCL FOODS is seeking a versatile and commercially astute Management Accountant to join our Commercial Growth team. We are looking for a strong decision-maker with innovative thinking and a passion for unlocking strategic value.

Purpose of the Role

To provide Commercial support to the Growth Functions (Customer, Customer Marketing & Marketing) and any other relevant teams, enabling strategic decision-making regarding profitability, product feasibility, innovation, and revenue optimization. The role also supports the Commercial Executive on tactical and strategic projects and contributes to the development of high-performance teams.

Minimum Requirements

Preferably a CIMA or CA(SA)

Preferably 3 to 5 years management accounting experience, incorporating commercial costing and some exposure to processing or manufacturing environments

Power BI reporting

Knowledge & Competence Leadership Standards

• Provide inspirational leadership
• Create a culture of execution
• Display business insight and innovate
• Develop customer service obsession
• Develop commitment through engagement
• Deliver through RCL Values in Action

Duties & Responsibilities

Sales & Profitability Analysis & Reporting

• Design sales and profitability dashboards to provide insights into customer, brand and product performance against targets.
• Drive enhanced customer and product profitability analysis to unlock margin opportunities.
• Support customer and marketing teams with system tools for costing and profitability.
• Conduct profitability deep dives, quarterly business reviews and attend to adhoc profitability queries.
• Provide commercial voice of reason in cross functional discussions and challenge internal functions to ensure sound commercial decisions are made.

Customer Pricing Support

• Support pricing reviews and negotiations by calculating pricing adjustments with reference to internal margin aspirations and external market pricing, by providing supporting documentation and the relevant customer communication.
• Provide mandate and list price sheets to ensure target margins are achieved.
• Constantly review pricing to ensure net realisation is achieved in line with mandates and annual pricing adjustments.
• Conduct pricing scenario analysis and “what-if” costing.
• Enhance transparency across all deal and discount structures covering both on-invoice and off-invoice by implementing routine reporting by customer, channel, and Sku.

Product Costing & New Product Development

• Provide indicative pricing for new product development, specification changes, and R&D-approved amendments. Integrate assumptions utilized into the indicative commercials.
• Attend New Product Development meetings on all new products and provide commercial insight to the marketing function.
• Conduct post-launch evaluations on an annual basis to assess performance against expectations.

Net Revenue Management

• Promo Management
• Encourage use of the ROI tools across BUs/accounts for uniformity. Providing training to other functions on driving healthy promotional decisions.
• Drive promotional excellence across all relevant stakeholders by reviewing and optimizing promo mechanics and spend.
• Review promotional activity and identify
• Portfolio Pricing
• Collaborate with Customer Marketing on pricing strategies by utilizing external data sources, (Rex, Nielsen, Circana) data to better unlock insights.
• Provide commercial support to the broader NRM functions on product SPI analysis.
• Active Mix Management
• Perform quadrant analysis to support decision making, including tail-cutting and rationalization exercises to streamline product offerings and enhance profitability.
• Trade Investments
• Support the central NRM Team in the interrogation of trade terms across Business Units to enhance visibility and strategically redirect trade investments toward initiatives that maximize return and effectiveness.

Budgeting and Forecasting

• Provide commercial front-end input into the business planning and quarterly forecasting process.
• Provide commercial front-end input into the cash flow budgeting process.

Customer Spend

• Lead quarterly customer spend reviews with the respective customer and customer marketing teams.
• Monitor AT account health and performance and track customer spend monthly.