To manage expenditure and look for cost-efficient solutions to inefficiency problems. Work with our cost accounting system and develop expense, budget, and supply chain reports for management. To also forecast cost-related changes and risks.
- To work closely with key stakeholders to review product manufacturing costs, create standardised product costings, evaluate product profitability, and seek cost efficiency to improve margins / profitability.· Work with the Commercial Team to support information, reconciliations and costings to the business. Reporting to Financial Controller.
- Manage and control of manufacturing product cost models.
- Produce and improve costings/ bill of materials and product pricing including liaising with manufacturing and sales team to provide knowledge and analysis on manufacturing costs
- Implement weekly production reports
- Implement production variance reporting
- Margin analysis of both manufactured and bought in products
- Stock valuation and review of obsolescence
- Work closely alongside R&D, Sales, Ope rations and Product Management team to manage business profitability both in current and new products. Ad hoc and business partnering projects for these Teams
- Ownership of the inventory process end to end, including the annual cost roll process
- Reconciliations required for stock and products at customers/suppliers
- Balance Sheet reconciliations
- Support Purchase and Sales Ledger
- Adhoc Finance projects