Finance Business Partner -Pricing and Costing at Biovac

• BIOVAC is one of the leading sterile vaccine manufacturers rooted in Africa, with our core purpose being to “protect life”. We are looking to hire a dynamic, passionate, confident, proactive and meticulous Finance Business Partner Pricing and Costing to join a goal-oriented team.

QUALIFICATIONS NEEDED:

• Bachelors Degree or Diploma in Financial Accounting or equivalent.
• Completed Articles
• Preferred: CIMA or ACCA

NECESSARY EXPERIENCE & INDUSTRY KNOWLEDGE:

• 5+ years of recent experience in a similar role, preferably within a manufacturing industry.
• Proven experience in Profitability reporting
• Exposure into setting various pricing strategies.
• Proven experience in product costing.
• Proficiency in Ms Excel and data analysis and
• Proficient in SAP and Microsoft Office Suite or related software.

KEY DUTIES & RESPONSIBILITIES OF THE ROLE:

Pricing & Strategies

• Develop and implement pricing strategies to maximise profitability while maintaining market competitiveness.
• Analyse market trends and competitor pricing to inform pricing decisions.
• Collaborate with commercial teams to align pricing strategies with business objectives
• Calculate quarterly pricing adjustment based on movement in exchange rates.
• Ensure correct pricing is maintained in SAP
• Analyse and report on Pricing variances to inform business decisions

Profitability Reporting

• Prepare and present detailed profitability reports to senior management.
• Analyse financial data to identify trends, variances, and opportunities for improvement.
• Provide insights and recommendations to enhance profitability
• Identify appropriate cost allocations to enhance business profitability reporting
• Liaise with business leaders on appropriate cost allocations to enhance profitability reporting.

Business Costing

• Oversee the costing process for manufacturing operations.
• Ensure accurate and timely calculation of product costs.
• Ensure accuracy on all material costs on the SAP ERP system
• Monitor and analyse cost variances and implement corrective actions as needed
• Maintain and update the Bill of Materials costing for all products.
• Ensure BOM accuracy and integrity in the SAP ERP system.
• Collaborate with Operation teams to manage BOM changes.

Business Partnering

• Act as a key finance partner to various internal departments, including production, engineering, sales, and marketing.
• Provide financial support and guidance to stakeholders to drive business performance.
• Build and maintain strong relationships with external stakeholders, including suppliers and auditors.

Additional Duties

• Business Planning Actively involved in the business planning and forecasting activities.
• Financial Audits
• Internal control audits
• SAP improvement projects participate in SAP projects and changes where required, lead SAP improvements for the finance department
• Project accounting ensure that accounting meets requirements for capitalisation of project expenses to intangible assets. Attend to any requirements related to the new build project.
• Actively involved and finance representative in the business Tender teams