Junior Business Controller

Job Advert Summary

Clover has a great opportunity for a detail-orientated,results-driven and highly motivated Junior Business Controller to join the Finance department. This is an exciting opportunity for a finance professional who is eager to take their career to the next step within a fast-paced and supportive environment.

The successful individual will be responsible for supporting the business units (BU's) in compiling business cases for approval of EXCO, and managing the financial aspects of the implementation of initiatives.

Minimum Requirements

• Relevant University Qualification.
• Business English: Fluent
• Computer literacy (Intermediate).
• Relevant experience in applying job related concepts, techniques and processes at the required level.
• Experience in an FMCG environment will be advantageous for this role.

Duties and Responsibilities

Provide Budget Support to Assigned Brand Teams

• Support and guide brand teams in their budget inputs - develop and thereafter validate all monthly product sales volumes and pricing, with specific reference to past performance, budget parameters and market conditions.
• Review and validate the advertising budget by activity and phasing throughout the year.
• Provide support to validate accuracy of all BOMs (by SKU) loaded into the budget system.
• Meet all finance timetable deadlines for budget inputs, milestones and presentations.
• Assist in preparation of financial analysis on budget outcomes versus latest estimate for current year including (1) Volume, price, mix analysis down to MOM level, (2) Fixed Costs Tariff allocation, (3) Overall profitability.
• Escalate all anomalies noted with relevant authority within Clover and suppliers, if necessary, and have any errors immediately corrected.
• Assist with budget presentations to Clover SA senior management.

Perform Monthly Management Accounts Duties

• Verify accuracy of sales cube at month end.
• Provide support with the analysis and presentation of brand and regional management income statements
• Under supervision, analyse and present to the Business Units quarterly profitability accounts by SKU that are prepared by finance department.
• Under supervision, analyse and present to Brand Teams the volume, mix and price variance analysis by sku and investigate and correct anomalies.
• Provide explanations on variances on income statement to prior year and budget and present to relevant stakeholders.
• Ensure contracts are complied with in respect of partners, co-packers etc.

Marketing Team Financial Support

• Calculate pricing for tenders, special deals (combo's, full trucks etc), and possible new business opportunities.
• Set product cost of materials financial objectives for PT&T team.
• Provide daily financial and accounting support to Brand Teams to enable timeous decision making.
• Prepare and present to marketing managers product group income statements monthly.
• Prepare and present to marketing managers actual marketing expenditure versus budget.
• Prepare and present to marketing managers return on investment calculations for all marketing investments.

Ad-hoc Duties

• Supply business with advice on all financial protocols - account strings, definitions of costs, respect of Clover group policies and operating instructions.
• Assist Internal and External Auditors.
• Assist with ad-hoc requests from EXCO.