Financial Reporting Manager

About the Role

You will take ownership of our clients monthly financial reporting cycle end to end, proactively building and improving the reporting models and infrastructure that translate our numbers into insight - not simply producing a report each month, but continuously strengthening how reliably and quickly we can produce it as the business grows. This includes preparing and presenting monthly reporting to our shareholders with the accuracy and rigour the role demands.

Alongside this, you will bring your costing expertise to partner with the Demand and Supply team, ensuring our costing methodology remains accurate and reflects our manufacturing reality. This forms a meaningful, but smaller, part of the role relative to your core financial reporting mandate.

What You Will Do

Finance Planning, Reporting & Cost Management

1. 1. Annual Budget July to June Prepare and manage the annual 12-month budget, with a thorough understanding of the key drivers of profitability. Prepare the annual budget from July to June. Develop a thorough understanding of fixed and variable costs and the impact of volume changes on profitability. Clearly document and report on key assumptions, expected outputs and financial impacts. Monitor actual performance against budget and identify variances early. Manage spend against plan to ensure adherence to financial targets, with no unexpected financial surprises . Proactively identify risks and opportunities and recommend corrective action.
2. 2. Six-Month Profit Forecast December to June Prepare and maintain the rolling six-month profit forecast. Prepare the DecemberJune forecast annually. Update the forecast based on actual performance, latest business trends and revised assumptions. Highlight key movements versus Budget and prior Forecast. Clearly communicate the expected impact on EBITDA, cash flow and profitability. Identify emerging risks and opportunities early enough for management to take action.
3. 3. Monthly Management Accounts Prepare accurate and timely monthly management accounts for all companies: Our client , EAT and Orion . The monthly reporting pack should include: Income Statement Detailed Management Accounts (including transactional cost centre reports) Balance Sheet Free Cash Flow (FCF) Channel Profitability SKU Profitability Headcount Detail Consolidation The reporting should provide clear insight into business performance, key variances, profitability drivers and areas requiring management attention.
4. 4. Stock Counts & Inventory Management Manage and coordinate monthly stock counts. Ensure stock count procedures are consistently followed. Reconcile physical stock to system records and investigate variances. Ensure appropriate inventory controls are in place and adhered to. Identify and address stock losses, wastage, obsolete stock and other inventory risks. Ensure accurate inventory reporting for month-end and management accounts.
5. 5. Costing & COGS Variance Management Maintain and update product costing regularly. Develop and maintain an activity-based costing methodology. Ensure standard costs accurately reflect current production inputs and cost drivers. Analyse the impact of changes in raw materials, packaging, labour, production volumes and other cost drivers. Lead the transition to absorption costing, leveraging Syspro's costing functionality to accurately allocation of product costs. Partner with the Supply Chain Syspro Lead to configure and validate Syspro's costing modules, ensuring data integrity throughout and accurate allocation of costs. Manage and report on all production variances, including work order, production method, yield and usage variances. Report production and COGS variances weekly. Investigate the root cause of material variances and ensure corrective actions are implemented promptly. Work closely with Production and Supply Chain to reduce waste, inefficiencies and avoidable costs. Monitor production performance against standard and identify opportunities to improve gross margin. Ensure changes to processes, standards and costing are implemented speedily and accurately.

Competencies Required:

• Strong manufacturing costing background, with a solid grasp of how production processes, overheads and inputs translate into product cost.
• Strong problem solving and analytical skills, including budgeting, forecasting and costing techniques and applications
• Experience in Supply and Supplier / Market insights
• High level of business acumen, with a focus on commercial metrics underpinning numbers
• Action and detail-oriented, with a strong drive for results
• Focused and able to identify priorities and value-add workstreams
• Effectively influences the business to make the right strategic and commercial decisions
• Excellent written and verbal communication skills
• Excellent functional and technical skills (strategic thinking, advanced Excel and financial modelling, data analysis, PowerPoint.)
• Strong planning and activity / project management skills
• Deals with ambiguity with perspective and creativity Innovative and creative

Education and Experience:

• Relevant tertiary qualification in Finance, Accounting, or Cost and Management Accounting; CIMA or an equivalent costing-focused qualification advantageous.
• Minimum 8 years similar experience in a senior capacity.
• Commercial and supply (manufacturing and distribution) experience is absolutely essential
• Previous Syspro experience is highly advantageous.
• Proven experience in budgeting, forecasting and cost management as well as generating insights and actions from disparate data sets

Personal Characteristics

• Decisive, accountable and responsible Continuously looking to learn and develop Innovative thinker, future focused and with a positive mindset Self-starter, problem solver, self-reliant, goal orientated, work across barriers Customer centric with strong relationship skills Personal skills (Excellent communication skills, commercial mind-set, attention to detail and accuracy, organizing and prioritizing) Strong value system: honesty, integrity set within strong principles and ethics

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