Delighted to be supporting our client as they look to add an Operations Accountant to their team, reporting to the Financial Controller, partnering with operational teams to provide financial visibility for operations and helping drive cost productivity efficiencies and improvements.
You will utilise your skills, experience and knowledge in linking financial results to operational performance drivers to undertake the production cost estimation, planning, monthly closing and actuals reporting of financials and KPIs.
Duties will include:
1. Responsibility for the accuracy of the financials related to operations, ensuring compliance with statutory and group accounting procedures, and reviewing strength and testing controls in place.
2. Providing analysis and insights in order to drive productivity improvement and achieve financial objectives.
3. Estimating plant cost for the manufacturing and repairs operations and monitor and develop KPIs to measure performance and drive improvements.
4. Preparing and communicating the operational monthly actuals (cost, rates, utilisation, KPIs) and its variances, budget, forecast, etc.
5. Working on reducing inventory levels and P&L exposure, focusing on excess inventory and its usage (with the Inventory leader).
6. Supporting physical inventory counts and annual external audits.
7. Developing and implementing Inventory planning and controls, such as optimum stock levels, order levels and re-order levels, etc.
8. Responsibility for Std Costing: a) calculate and set the labour and overhead rates (OCPH) for both the manufacturing and repairs units on annual basis (part of budget process). b) set together with sourcing materials standard costs and monitor variances and usage; c) on monthly basis prepare variance analysis on actuals vs standards at work order / project level.
9. Working closely with operational leaders to estimate production volume, resources, and costs associated.
10. Supporting and running financials for decision on Capex investments, make-to-buy cases, etc. and carry out post implementation reviews to report on actual outcome v estimate.
11. Setting up systems of control and reporting for eg quality issues and the associated cost of sub-standard quality, level of re-work, labour recording, etc.
12. Developing costing and manufacturing expertise, ensure Work-In Progress jobs closure while analysing variances.
13. Driving improvement on processes and ERP (D365) system, including developing reporting and analytics.
You will idelaly be a qualified accountant with a minimum of 5 years financial work experience, including developing forecast and operating plans and implementing new processes and controls.
Strong PC skills, especially on Microsoft Excel (pivot tables, macros, etc) and familiarity with ERP and Power BI are all highly beneficial.