Company:
The South African Breweries (SAB)
Industry: Manufacturing / Production / FMCG
Deadline: Not specified
Job Type: Full Time
Qualification: Bachelors, Masters
Experience: 2 – 3 years
Province: Gauteng
City:
Field: Logistics, Procurement / Store-keeping / Supply Chain
Key Roles & Responsibilities:
Cost Leadership
- Responsible for actual costs in DC’s.
- Ensure all DC costs are complete and accurate.
- Manage Balance Sheet entries.
- Ensure the accuracy and reliability of the results including transfer price, VIC/VLC, ZBB and asset booking.
- Ensure first-time-right postings, avoiding accounting errors and postings of manual journals.
- Manage DC inventory and capital expenditure (CAPEX), ensuring compliance with booking procedures, onsite management, and reviewing internal process compliance.
- Ensure asset bookings conform to PRC and IFRS standards, asset management processes align with internal control policies, and relevant processes operate as efficiently as possible.
Controls and Compliance
- Serve as the first line of defense and oversee the execution of controls as defined by Internal Control.
- Ensure that DC assigned controls accurately reflect the reality of the processes, including reviewing the PR-GR cycle and returnable package management.
Inventory Management
- Ensure inventory management compliance of FG’s, RM and Empties.
- Review quarterly stock counts, perform reconciliations, and ensure differences are posted.
- Attend quarterly stock counts and review monthly processes.
- Conduct stock movement analysis and investigate anomalies.
- Ensure inventory controls are adhered to in all DC’s; conduct CSA audits and support training for DC’s on inventory controls.
- Execute adhoc stock counts at high-risk sites based on DC risk scorecards, stock count variances and stock pack reviews.
- Report to DC’s and DM’s on obsolete stock to reduce the risks of write-offs.
- Highlight and flag daily control check non-adherence and support closure of issues.
CAPEX Management
- Ensure capitalization is captured correctly.
- Validate capitalization in DC’s.
- Support DC Managers with physical verification of assets.
- Identify and request impairments.
- Ensure compliance with ZBB, VLC, and SCO policy.
Logistics Control Support
- Ensure stock count SOP’s are understood and training is given to all stakeholders.
- Share best practice across teams.
- Monitor DPO vs compliance and ensure DPO requirements are well understood.
Financial Planning & Analysis
- Support the Financial Planning and PPM teams on forecasts by providing inputs for LE & 1-year plan.
Minimum Requirements:
- Bachelor’s or Master’s degree in Business, Accounting, Economics, Mathematics, Engineering, or CA
- 2–3+ years’ experience in an industry context
- Previous controlling experience (preferably site manufacturing)
- Working knowledge of Accounting
- Knowledge of SAP/Syspro, Business Warehouse, Anaplan (advantageous)
Method of Application
Submit your CV and Application on Company Website: