Role Title
Assistant Plant Financial Controller
Stafford
£35,000 - 40,000 + Benefits
Role Profile
Exceptional opportunity to support Senior Plant Financial Controller and be developed as part of this outstanding global finance team. Based in Staffordshire this is a unique chance for a bright, driven individual to learn and expand their profile, whilst being a key part of the ongoing success of this leading multinational manufacturing organisation.
Responsibilities will include ....
Day to Day
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Produce Timely & Accurate Management Information to satisfy group and local deadlines, examples being:
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Weekly Production Cost Analysis - Standard v Actual // Actual v Budget // Actual v Prior Year
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Weekly Stock Variance Analysis - Where & Why? What are the Drivers? Identify areas for Improvements & work with stakeholders to close our actions
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Weekly PPV Analysis
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Headcount Review
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Intercompany Transfer Pricing Calculation & Validation (Qtr update)
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Create new / revised reports to challenge operational activities with a view to pro-actively drive cost savings
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Review Trends and Challenge current performance, identifying risks and opportunities.
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Ensure Master Data Integrity & Vigilance - assist with the identification & resolution of Product Costing and Master Data queries.
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Business Partnering with Operations, R&D, Commercial & HR, presenting clear financial information to support decision making at all levels
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Establish strong understanding of production plant product cost variances and fixed cost drivers
Cost Accounting
- Check material dependent data (BOM, price, product version...) and support Material Key Users to accurately record them
- Monitor fixed cost evolution by cost centre and nature of expenses
- Raise issues before month closes in PPV/MUV and Inventory valuation and drive relevant functions for resolution
- Analyse and ensure accruals are posted in the appropriate month and financial accounts
- Secure correct forecasting and booking of exceptional items
Month End Reporting
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Revaluation of Standards - Intercompany & Third Party Prior to close
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Month End Deliverables - On Time in Full P&L and Balance Sheet with Analysis, Commentary & Bridges [MoM; V Prior Year & V Budget] to tight deadlines
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Supporting P&L entries and analysis - L15 Std & WAC / L18 Other Margin / L06 Freight Out / L07 Logistics & Warehousing / L21 Operations, and any non-recurring costs relating to these areas.
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Validation of CLOCO Activities for all 'FP&A sites' including:
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Std Cost Validation
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WAC Validation
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Stock provisions
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Production Order closing
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Others as required
FP&A
- Support the Plant budget and forecasting process, and submit timely for consolidation purposes.
- Provide timely and accurate analysis in product material costs and fixed costs including logistics and tolling, bridge the variances vs budget and last year
- Monitor Capex projects status and spend with project managers and communicate them
- Validate plant savings actions and measurement
- Alert plant management on plant performance deviations and help secure corrective actions
Process Improvement
- Provide input & support in the development of new business systems
- Identify and help to drive process efficiencies within the finance and controlling areas.
- Support the Senior Plant Controller, FP&A Manager & UK & Ireland CFO in the improvement of Internal Controls and Processes.
Compliance
- Hold the Business to the Internal Controls Framework ensuring compliance from self & others.
- Ensures that plant is compliant with internal and external policies, procedures, and regulations
- Prepare & Submit for Review Key Balance Sheet Reconciliations
- Assist with Internal, Group and External audits as and when required.
- Support Stock Takes across the business.
- Adhere to established Group processes and methodologies
Communication & Organisation
- Communicate proactively to finance and operations leadership on all plant costs matters including actual costs deviations and estimated month end landing point
- Raise and address plant issues as they arise and improve visibility of plant financial status
- Drive progress and coherence in collaborations between different functions and teams
Projects
- Participate, and as required lead, key projects in UK Manufacturing from an FP&A perspective
Client information
Exceptional high growth international manufacturing operation based in Staffordshire
Remuneration
£35,000 - £40,000 + Benefits
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