Job Description

Working as part of a dynamic finance team and integrated into the site operational team, you will support the Group finance team in providing high quality data, information and reports to enable them to understand the operational and finance performance of the Milton Keynes site.
Key Responsibilities:

• Maintenance of an accurate and up to date standard costing model.
• Ownership of the factory financial KPI tracker sheets.
• Accurate data provision for all costing requests.

Daily & weekly reporting including

• Be the gate keeper for the weekly reports that collate financial and operational data.
• Put procedures in place to ensure robust reporting is routinely performed
• Report variances to expectations, being able to explain deviations and coordinating actions to investigate
• Develop and embed new reports for the site using existing reports available, SAP operational and financial systems and other tools available,
• Participate in business meetings that discuss the key financial and non-financial metrics

Stock Reporting including:

• Provide support to the Group FC in generating reports on stock, including key components of the stock, obsolescence, aging and damaged.
• Identify route causes of issues noted and monitor management action plans to ensure rectification actions are put in place.
• Ensure appropriate stock control procedures are in place, including adequate use of the counting system so it can be relied upon at year end audit.
• Perform ad hoc regular audits of the PI count and identify actions that need be taken to improve effectiveness.
• Create a working model for the factory which will determine whether the stock level held is appropriate for the site, taking into account sales, production and order levels, industry standards and other reference points.
• On occasions where stock is too high identify with management and implement actions to reduce stock holding.
• Manage action plans to address stock improvements through the operational business
• Identify other actions that could be taken to reduce stock holding and release working capital.

Costing;

• Review reports on price, production and material price variances on a regular basis to identify and explain variances, understand why they are occurring, determine the impact of them on the month end position and determine if corrective action is needed in the standard costing in SAP.
• Develop a model for reporting on labor vs. standard costing that will explain the impact of variation on labor levels and type for different production levels vs standard costing
• Develop an understanding of the impact of overhead recovery in the standard cost model and the impact changes in production levels.
• Produce reports identifying anomalies that can be easily explained to management in a clear and concise way

Company Benefits:

• 33 days holiday per annum including bank holidays
• Company pension
• Life assurance
• Employee discount scheme
• Long service awards
• Hybrid working available

Required Knowledge, Skills, and Abilities

• Qualified or part qualified accountant (ACA/CIMA/ ACCA) with 3 years’ experience working in a medium sized finance department.
• High level user of Microsoft Office programmes (Word, Excel and Outlook) with the ability to manipulate data efficiently and use models to present results to finance and non-finance users. 
• Working in a manufacturing environment
• Experience of SAP (finance)
• Resilience under pressure, with the ability to meet strict deadlines
• Excellent communications skills and the ability to communicate with non-financial colleagues
• The ability to challenge colleagues in a constructive and professional manner
• The ability to write reports in a clear, concise manner that can be understood by non-financial colleagues
• Experience of standard costing.
• Understanding of stock
• Experience of factory based operational systems