Job Description

Forecasting

• Create a forecasting model in line with Value Stream methodology
• Work alongside the Business Analyst to formalize/deliver the forecasting process
• Produce monthly forecasts for the Value Stream Managers
• Monitor Value Stream overheads and review on a weekly basis for forecasting purposes
• Facilitate operational financial meetings to assist with the forecasting process
• Analyze value added KPI’s and to find ways of improving the KPI’s with a developed forecast of the P&L with what if’s scenarios.
• Provide in depth analysis on variances to plan, forecast and prior year
• Evaluate financial implications of specific business decisions/opportunities and advice accordingly to ensure forecasted financial performance is achieved

Budgeting

• Responsible for the formalization and delivery of the budgeting process
• Gather/interpret data for development of a budget model
• Develop/assist Managers with their budgeting packs
• Analyze trend data and highlight areas of concern
• Consolidate budget packs for top level review
• Monitor monthly variances against budget and analyze/develop KPI’s
• Facilitate regular management meetings to review actual/budget variances

Management Accounts

• Product costing analysis to support future business decisions
• Preparation of monthly management accounts
• Variance analysis to budget and last year
• Identification of one off costs to Financial Controller and reporting to Value Stream Managers
• Value stream reporting and development of KPIs
• Perform the annual standard costing roll up and monitor actual costs against standard costs
• Undertake the responsibility for been a “Key User” in the SAP development and SAP upgrades projects when they arise
• Develop knowledge in SAP to progress the financial and management reporting under the controlling areas within SAP and to train other users within the finance community or elsewhere in the business
• Ensure SAP documentation is kept up to date.

Sarbanes Oxley Reporting

• Undergo SOX walkthroughs and sense check procedural documentation of all areas requiring SOX including periodic reviews.
• Ensure that the Segregation of Duty Analyzer is analyzed on a periodic basis and compensation controls and corrective actions are undertaken and requirements fulfilled.
• Complete the SODA and SOX reviews on an annual basis and upload the documentation to the relevant software on a timely basis.
• Perform the IS critical transaction reviews and ensure that corrective actions have been undertaken and that all compensating controls are enforced

Capital Expenditure

• Pre-approve the cost base for the capital expenditure project
• Analyze existing capital expenditure projects
• Review pay back periods and internal rate of return on projects

Ad Hoc

• Play an active lead role in annual stock takes and weekly WIP checks.
• Ensure that all area of the finance team have procedural documentation on the main aspects of their roles including process maps enforcing the critical accounting policy requirements.
• Ad hoc projects.

Required Knowledge, Skills, and Abilities

ACMA Qualified (Association of Chartered Management Accountants). Minimum of 5 years post qualification experience. Previous manufacturing experience is essential (minimum of 5 years) Experience of SAP in Co/ Computer skills e.g. Excel, PowerPoint Macro knowledge in Excel Ability of interpreting data Interpersonal and strong communication skills. Future desire to become the next Financial Controller within the next 5 years Work well within a team, use initiative, act confident and embrace change Able to drive projects, hands on approach and focus on making improvements