Job Description

It's fun to work in a company where people truly BELIEVE in what they're doing!

The Finance Director will be responsible for leading the profitability agenda of the category whilst balancing the strategic imperatives, generating financial insights and enabling delivery of the Category Strategy, Budget and Forecast. Lead and manage the category finance team (factory based and shared services), driving a high-performance culture that delivers on their commitments. Prepare in depth and insightful analysis of business results, timeously, including the identification of opportunities and risks together with recommendation for actions to address. Actively handle ad hoc assignments and timely deliver the results.

WHAT YOU WILL DO

• Provide ongoing insightful analysis of actual results compared to plan/target. Identify sustainable mitigating plans together with category team, to deliver on committed targets within the month whilst balancing medium to long-term strategy
• Provides Category teams with strong financial support through the planning process e.g. situation analysis and strategic plans
• Provides analysis and evaluation of the brand plan, innovations, budget & forecast, ensuring the most profitable allocation of resources through financial insights & constructive challenge
• Ensures that investment choices, aligned to brand strategic priorities, are financially evaluated to provide a long-term perspective of the impact on portfolio profitability. Work together with cross-functional teams to deliver on the capex plan within the year.
• Challenges and supports the development of the financial assumptions that underpin the brand plan
• Ensures that the budget owners understand and adopt the right methodology. Ensures adequate and accurate budget cost allocation; approves costs depending on level of authorisation. Ensures that budget targets and guidelines are cascaded to the relevant stakeholders
• Drive and lead, together with MD, the continuous improvement agenda within the category across factory, sales and marketing
• Actively support the PS&OP process within the category
• Promote a robust control & governance environment, ensuring compliance to policies and procedures across the category achieving acceptable internal and external audit ratings and minimising risk to the business.
• Review and approve expenditure for the category and ensure that the Category Finance Teams establish appropriate spending and budgetary controls. Review trade spending that falls outside pre-approved limits
• Review the financial results (packs) on a monthly basis including balance sheet reconciliations and present insights to the Category Exco
• Fully accountable for managing the shared service and factory-based staff in delivery on the financial outputs.

In accordance with the employment equity plan of Tiger Brands and its employment equity goals and targets, preference may be given, but is not limited, to candidates from under-represented designated groups.