Smiths Detection, part of Smiths Group
, is a global leader in threat detection and screening technologies for aviation, ports & borders, defense, and urban security. Our expertise is spread across 5 R&D centers, 21 Global Offices and 7 Manufacturing Sites with 3000 Brilliant minds globally contributing for over 40 years at the frontline which enables us to deliver the solutions needed to protect our society from any threat and illegal passage of explosives, prohibited weapons, contraband, toxic chemicals, and narcotics. Every minute of every day, our technology and talented team members help to make the world a safer place -
The role of Financial Analyst – Global Operations supports the provision of financial insight to the Global Operations Finance Director and VP Global Operations. The role will be focused on development and management of global finance reporting and processes, including identifying and centralising tasks. The individual will also ensure the appropriate existence and functioning of finance related operating procedures in respect of the division's manufacturing, procurement, supply chain, quality and other associated activities. The role will involve regular communication of management information to the Finance and operations functions, in addition to supporting the Finance Director in providing strategic input, identifying business risks and proposing mitigating actions.
Duties:
Financial Reporting and Planning
:
* Proactively ensure the completeness, consistency, and timely reporting of the monthly Operations metrics and financials.
* Ownership of consolidation and divisional reporting of monthly financials together with ensuring that the appropriate framework is adhered to.
* Develop and maintain an appropriate reporting tool to represent the various elements causing under/over absorption within operations.
* Creation of templates and analysis tools for global use, provision of training and support in use of tools.
* Drive the financial planning process for all quarterly, annual and strategic financial plans.
* Manage Global Ops Finance projects to completion to enhance the level of consistency and automation of Operations / Finance processes
Cost Control:
* Robust and consistent cost control including SAP standard costing structure across the Smiths Detection entities, tracking of target benefits and understanding of monthly variances giving rise to under/over absorption.
* Employ techniques such as analytical review to identify and query anomalous costs and budget variances.
* Support, maintain and develop financial reports in partnership with the Ops functions – Quality, Procurement, Supply Chain, Logistics, ME
* Ensure BS and P&L recognition of inventory and associated variances are aligned with Finance policies.
Inventory / Cost Roll:
* Ownership of inventory reporting and risk management, working closely with Supply Chain, Procurement and Operations Excellence and other functions.
* Ensure SAP compliance is maintained, and inventory policy adhered to.
* Delivery and support for all activities relating to the administration of the annual cost roll process, including detailed checks and reporting.
Financial Stewardship
* Internal Controls, Policies & Procedures, Continuous Improvement, Ad-hoc projects/requests, Stakeholder Management
Qualifications
Technical Knowledge and Skills:
* A qualified accountant (ACCA ACMA), and educated to a degree level, with experience in an operations focused management accounting role.
* At least 5 years' experience in a global corporate environment.
* Experience working with SAP (ECC) essential. ONYX, EveryAngle, GLWand and BW a significant advantage.
* Inventory and operations accounting, including absorption, configuration variance, PPV, subcontractor variance, inventory provision, COPQ, cost roll.
* A conscientious approach to reporting and curiosity for analysis and problem solving.
* Experience in variance analysis and manipulation of large datasets (4m+ rows)
* Ability to schedule and plan global processes using project management tools
* Strong technical skills in Excel, experience in Power Query essential (not Pivot Tables), ability to adopt emerging technology to automate processes.
* Experience of dealing with large organisations and consolidations is an advantage.