The primary objective of this position is: To support the Financial Controller in delivering effective cost management and control within the operation function. Management of the month-end close process, through proactively working with operational managers to ensure a reliable and accurate close within the agreed timetable. Analysis of operational and business KPI’s, proactively using the results to confidently challenge the managers on drifts, while maintaining a strong relationship.
Key responsibilities and performance measures for this role:
- Challenge BOM integrity, through the understanding of our manufacturing processes.
- Thorough understanding of costing mechanism and ability to implement changes where necessary.
- Calculate the annual standard cost and analyse the results to ensure accuracy.
- Monthly analysis of deviation to standard as part of the month-end close process and working with the business to resolve incorrect drifts and implementing processes to prevent future occurrence.
- Take ownership of the operational cost centres to ensure business processes are followed and expenditures are controlled.
- Monthly close meetings with cost centre managers to review the accuracy cost centre prior to closing
- Monthly reconciliation of relevant balance sheet accounts, includes understand and reporting on risks and opportunities identified
- Understand direct drivers of contribution, with the ability to calculate drifts.
- Understand impacts on margin outside of contribution, with the ability to analyse and explain
- Monthly reconciliation and Analysis of PPV and GRNI
- Own the inventory management process, including stock take and monthly reconciliation and analysis, including obsolete stock evolution.
- Support the annual budget process and quarterly re-forecast.
- Health and safety policy, and ensure that any specific responsibilities are adequately delegated in their absence
Minimum Qualifications / Experience required:
- ACCA/ CIMA Qualified
- Bachelor’s degree or advanced degree in accounting, finance or a related field
Key behavioural competencies:
- Excellent interpersonal skills with the ability to effectively challenge all levels of management on cost control.
- Analysing and interpreting data
- Self-motivated with the ability to use own initiative to seek a solution
- Able to work well with all levels and functions within the group
- Experience in interacting with auditors and other advisors
- Excellent attention to detail
- Analytical skills, advanced problem-solving skills
- Critical thinking skills
- Strategic thinking
- Integrity, honesty
- In-depth knowledge of, accounting standards, controls, financial regulations and legislation
Additional skill requirements:
- SAP experience desirable
- Strong Excel skills