BU VIC Price PPM

Key Roles and Responsibilities:

The key accountabilities for this role include but are not restricted to:

• Price Variance reporting for the BU
• Price variance problem solving
• Price variance savings initiatives support
• Procurement VIC accruals processing and reversals management
• Monitor & track one offs
• Supplier recon facilitation. Confirming FX & commodity rates as well as reasonability for hidden FX & commodity exposure
• Weekly & Monthly review of PV reasonability and own directive on corrective actions
• Monthly price variance interrogation and commentary with CPM/CatMan
• Price reconciliation for COGNOS builds up for VIC price
• Finished good FX & excise population into CTRM
• Finished goods end to end management
• WAPT & Payables alignment support
• MAP report population
• Preclosing routines to ensure month end in line with expectation

CTRM: volume accuracy and Validation

• Manage forecast accuracy of consumption volume with planning.
• Maintaining & sense check correct conversion factors between material & commodity
• Manage accuracy of monthly actual quantities consumed into LE tool
• Manage accuracy of monthly actual commodity volume into CTRM
• Manage accuracy of forecast quantities consumed into LE tool
• Manage accuracy of forecast commodity volume into CTRM

FX exposure population & management for the BU

• Responsible for accuracy of FX exposure in FX currency and timing
• Responsible for FX review with treasury

Mark up: BU markup validation and accuracy

• Liaising with control & MUBEX on differences and matching
• Support in reconciliation on Mark up between what has been generated by ERP and what has been posted by Mubex

Annual

• Bottom-up budget load into ERP
• Bottom-up Budget support on accuracy interrogation and adherence to 1YP
• LE volumes, historic prices. UoM alignment in BU tool
• Bottom-up timeline management
• Bottom-up/top-down reconciliation for plug analysis and allocation and 1YP target accuracy
• Comm/NC split correct by plant by material

Key Attributes and Competencies:

• Knowledge of Financial Reporting
• Knowledge of general accounting and consolidation practices
• Project management, problem assessment and solving skills
• Working in an ERP environment
• Working in a process-oriented organization
• Computer skills (MS Office: Excel, PowerPoint, etc.)
• Good knowledge of consolidation & reporting tools (Cognos, TM1, BI)
• Knowledge of ERP Systems SAP R/3 Module FI/CO, SAP BW

Minimum Requirements:

• Relevant 3-year university degree in i.e., Accounting, Business, Economics, Engineering or similar
• MBA / CIMA / CA (SA) would be advantageous
• 3+ years of experience in finance in a manufacturing environment
• Experience Product Costing

Additional Information:

• Band: VI

ABInBev is an equal opportunity employer, and all appointments will be made in line with ABInBev employment equity plan and talent requirements. The advert has minimum requirements listed. Management reserves the right to use additional/ relevant information as criteria for shortlisting.