Assistant Commercial Manager

SUMMARY:
Great opportunity exists with a manufacturing giant offering career growth and excellent package.

POSITION INFO:

Great opportunity exists with a manufacturing giant offering career growth and excellent package.

Key responsibilities will include:

• Conduct the procurement functions under the mandates and guidance of the Department Head
• Maintain the position (short/long) for priced and commodities across the Group in line with board mandates
• Alert management of potential problems and provide solutions
• Ensure that procurement is performed strategically to remain competitive in the market and beat monthly market average pricing
• Keep up to date with market movements across all commodities and dollar currency
• Liaise with Department Head to ensure that budgeted margins are achieved across all SKU’s
• Review margins and provide business insight.
• Perform the approval process of all sales orders received, reviewing for margin achievement and reasonability, attain guidance from department head on strategic customer retainment initiatives
• Probe the department head to negotiate the best conversion rates with suppliers and bring in baseline savings after attaining an understanding of charge structures from the relevant suppliers applicable
• Provide support to the department head/customers on market movements/trends and advise on pricing strategy and invoice and shelf/customer level
• Provide technical and commercial support to the sales team and the Board on market trend analysis on commodities and currencies and assumptions for the annual budget
• Assist with the review of the valuations monthly to ensure that stock is carried at the lower of actual cost
• Serve on the Extended Leadership Team
• Negotiate and maintain open book pricing models with corporate customers
• Keep accurate record of forward sales and apply hedging principles with no room for speculation
• Maintain proper record keeping of weighted average cost per commodity after excluding forward sales using the FIFO method
• Regularly interrogate costing schedules to ensure correct bombs are being applied for correct margin management
• KPI:
• Procurement at the right price at the right place at the right time
• Margin management
• Hedging strategies
• Building relationships with internal and external stakeholders

The ideal candidate should meet the following requirements:

• Chartered Accountant CA(SA) qualification 
• 2-5 years of post-articles experience
• Significant experience in bottom line profitability analysis with a strong understanding of financial principles
• Strong Microsoft Excel skills

Email: <--------Please upload your CV here--------

South African Citizens only

Due to the volumes of applications received – correspondence will only be conducted with shortlisted candidates. If you have not received a response within 14 days, please consider your application unsuccessful

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