Job Title: Labour Cost Manager
Company: People Dimension
Introduction
Are you a finance professional with a keen eye for detail and a knack for strategic workforce management? People Dimension, a well-established security services company based in Centurion, is on the hunt for a seasoned Labour Cost Manager to join our passionate team. As a Labour Cost Manager, you will play a pivotal role in workforce capacity management and labor cost management, specifically focusing on overtime. This position is essential in dynamically and strategically managing the future labour capacity requirements and associated costs of our growing business.
Duties & Responsibilities
A successful Labour Cost Manager will adeptly perform a wide range of duties. Here is what you will be responsible for in this dynamic role:
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Capacity Planning & Coordination
- Engage with Operations, Sales, and Human Resources to anticipate and plan for our future workforce capacity needs.
- Facilitate streamlined business processes among various departments to generate coherent management data related to direct labour costs.
- Cost Management & Analysis
- Conduct in-depth review and analysis of direct costs, focusing specifically on labour. Apply your keen analytical skills to identify cost-saving opportunities.
- Provide insightful cost information to assist in management calculations for tenders and quotes, ensuring competitive and informed business decisions.
Key Performance Areas (KPA’s)
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Headcount Management
- Work closely with Operations, Sales, and Human Resources to strategize on headcount requirements, ensuring readiness for future capacity needs.
- Regularly analyze actual headcounts versus required numbers and develop action plans to address manpower shortages or surpluses.
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Process Improvement
- Spearhead improvements in leave and reserve management processes and address disciplinary issues effectively.
- Foster collaboration between Sales, Operations, and Human Resources to streamline job grade and title processes.
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Labour Cost Management
- Oversee the management of overtime costs, creating and implementing plans to minimize such expenses to an operational minimum.
- Calculate and constantly update optimal wage costs to align with business goals, producing monthly analyses to track variances.
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Quotations & Costings
- Ensure the Sales and Commercial departments have updated and precise cost information for use in bids and quotes.
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Price Increases
- Support sales teams by providing essential cost information and calculations for optimal price increases.
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Commercial Customer Files
- Maintain and distribute master operational contract data diligently across departments.
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Generating Financial Reports
- Compile and present analytical reports related solely to direct labour information at month’s end.
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Triangle Balancing
- Ensure the monthly reconciliation of revenue, operations, and payroll aligns with GFC standards through efficient triangle balancing.
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Budget & Forecast Participation
- Compare actual labour costs with forecasts, offering insights and identifying variance causes.
- Additional Responsibilities
- Support bid costing and track mobilization costs as part of comprehensive business planning and model assistance.
Desired Experience & Qualification
Candidates should meet the following experience and qualification criteria:
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Educational Background
- A B. Com degree in Finance, Cost Accounting, or Management Accounting is required.
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Professional Experience
- Possess 2 to 5 years of financial management and/or cost accounting experience. This experience should be commensurate with the responsibilities of the role.
- Knowledge Base
- Strong grasp of financial principles and practices, including financial controls and audit standards.
- Comprehensive understanding of accounting and ERP systems, alongside knowledge of reconciliation processes and various costing principles.
Skills
- Proficiency in Microsoft Office, particularly Excel.
- Strong analytical skills, with an ability to handle complex and voluminous data efficiently.
- Excellent planning, coordination, and time management skills.
- Ability to manage conflicts and deliver performance with a focus on efficiency and professionalism.
- Capability to manage multiple stakeholders and projects professionally.
Attributes
- Market environment awareness coupled with a professional demeanor.
- Ability to drive change and lead teams effectively.
- Strong customer-centric mindset and collaborative spirit.
- Flexibility in working across functions and cooperating with diverse teams.
Package & Remuneration
Successful candidates can expect a competitive remuneration package ranging from R 750,000 to R 1,000,000 CTC per annum.
Location: Centurion, Gauteng
If you are ready to take on this challenging yet rewarding role, where your expertise will directly impact our workforce and operational success, consider joining our team at People Dimension as a Labour Cost Manager. Your role will be instrumental in shaping the future trajectory of our labour capacity and cost management strategies, thereby contributing to the overarching growth and efficiency of our company.
Interested candidates should prepare to showcase their experience and readiness to contribute to a leading security services company within the vibrant Centurion community.
Tips on What To Include In CV
To create a comprehensive Curriculum Vitae (CV) for the role of Labour Cost Manager at the security services company in Centurion, ensure you cover the following key sections:
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Contact Information: Include your full name, address, phone number, and email address at the top.
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Professional Summary: Craft a concise summary highlighting your relevant experience, particularly in workforce capacity and labour cost management, emphasizing your strategic planning and analytical skills.
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Education: Detail your academic qualifications, focusing on your B. Com degree in Finance, Cost Accounting, or Management Accounting. Include the institution name, dates attended, and graduation date.
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Work Experience: List your most relevant positions chronologically. Focus on roles where you managed labour costs, headcount, and conducted financial analysis. Highlight your interaction with departments such as Operations, Sales, and HR. Mention specific achievements in cost-saving, process improvement, and headcount management.
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Skills: Emphasize both technical skills (e.g., advanced Excel, ERP systems, financial principles, and reconciliations) and soft skills (e.g., analytical thinking, conflict management, planning, coordination, and time management).
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Knowledge: Clearly articulate your understanding of financial controls, audit standards, direct labour management, and various costing principles.
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Attributes and Competencies: Highlight attributes like professional conduct, market awareness, change management, leadership abilities, customer orientation, and cross-functional collaboration.
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Certifications and Training: If applicable, include any certifications or training relevant to cost accounting, financial management, or similar fields.
- References: Offer contact details for previous supervisors or professional references who can verify your experience and skills.
By including these sections in your CV, you will align your qualifications with the job description and increase your chances of securing the role.