Industrial Engineer
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Job Location:
Centurion - South Africa
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Industrial Engineer Finance (Logistics).
Job Title: Industrial Engineer Finance (Logistics)
Department: Finance
Reporting To: Finance Manager / Financial Controller / Head of Finance
Job Purpose:
To support the Finance department by analysing operational and financial data within logistics and supply chain operations to improve cost efficiency productivity and profitability. The Industrial Engineer will provide data-driven insights cost models and operational analysis to support financial decision-making budgeting forecasting and continuous improvement initiatives.
Key Responsibilities:
Minimum Qualifications:
Experience Required:
Technical Skills:
Key Competencies:
Key Performance Indicators (KPIs):
Working Conditions:
Value of the Role to the Organisation:
This role bridges the gap between Finance and Operations by providing operational insight into financial performance enabling better cost control improved profitability and data-driven decision-making within logistics operations.
Department: Finance
Reporting To: Finance Manager / Financial Controller / Head of Finance
Job Purpose:
To support the Finance department by analysing operational and financial data within logistics and supply chain operations to improve cost efficiency productivity and profitability. The Industrial Engineer will provide data-driven insights cost models and operational analysis to support financial decision-making budgeting forecasting and continuous improvement initiatives.
Key Responsibilities:
- Cost Analysis & Financial Modelling:
- Analyse logistics operational costs including transport warehousing labour and equipment.
- Develop and maintain cost models for logistics operations.
- Identify cost-saving opportunities and efficiency improvements.
- Support pricing models cost-to-serve analysis and profitability analysis.
- Assist with budget preparation and financial forecasting.
- Operational & Financial Performance Analysis:
- Analyse operational performance and its impact on financial results.
- Track and report on key financial and operational KPIs.
- Investigate cost variances and provide root cause analysis.
- Provide recommendations to improve operational and financial efficiency.
- Productivity & Efficiency Optimisation:
- Conduct time and motion studies within warehouse and logistics operations.
- Evaluate labour productivity equipment utilisation and process efficiency.
- Recommend improvements to reduce operational costs and improve efficiency.
- Support continuous improvement initiatives aligned with financial goals.
- Reporting & Data Management:
- Develop dashboards and reports using tools such as Excel and Power BI.
- Provide regular financial and operational performance reports to management.
- Support month-end reporting with operational cost analysis.
- Ensure the accuracy and integrity of operational and financial data.
- Budgeting & Forecasting Support:
- Assist finance with operational budgeting and forecasting.
- Provide operational input into financial planning.
- Support scenario modelling and financial impact analysis.
- Monitor actual performance against budgets and forecasts.
- Process Improvement:
- Identify inefficiencies in logistics and financial processes.
- Support the implementation of process improvements and cost optimisation initiatives.
- Standardise costing and reporting methodologies.
- Support automation and digitisation of reporting processes.
Minimum Qualifications:
- Bachelors Degree in Industrial Engineering (BEng / BSc Industrial Engineering)
Experience Required:
- 25 years experience in logistics supply chain warehousing or distribution
- Experience working with operational and financial data
- Experience in cost analysis productivity analysis or financial modelling preferred
- Experience supporting finance or operational finance functions advantageous
Technical Skills:
- Advanced Microsoft Excel (essential)
- Power BI Tableau or similar reporting tools (preferred)
- Financial modelling and cost analysis
- Strong data analysis skills
- ERP system experience (SAP preferred)
- Understanding of logistics operations and cost drivers
- Strong numerical and analytical ability
Key Competencies:
- Strong analytical and financial acumen
- Attention to detail
- Problem-solving skills
- Strong business and commercial awareness
- Ability to communicate with finance and operations teams
- Results-driven mindset
- Ability to work independently and meet deadlines
Key Performance Indicators (KPIs):
- Logistics cost reduction achieved
- Accuracy of cost models and analysis
- Quality and timeliness of reports
- Identification and implementation of cost-saving initiatives
- Improvement in operational efficiency metrics
- Budget vs actual variance analysis accuracy
Working Conditions:
- Based at the Head Office Distribution Centre or Logistics site
- Office environment with regular operational site interaction
- May require occasional travel to logistics facilities
Value of the Role to the Organisation:
This role bridges the gap between Finance and Operations by providing operational insight into financial performance enabling better cost control improved profitability and data-driven decision-making within logistics operations.
Required Experience:
IC
Key Skills
About Company
Network Recruitment specializes in talent solution services in the fields of IT, Finance, Engineering & Supply Chain. Visit our website for more info.
