A reliable Management Accountant (Specialist, Finance processes & Control) to assist senior management in making critical business decisions by analyzing and presenting key financial data. Analyze accounting data, and prepare forecasts, budgets and risk analysis
An excellent management accountant with exceptional mathematical mind combined with a strong business orientation. Must be able to assume responsibility of cost accounting tasks.
Play a role of both a strategist and a decision maker with an ultimate goal of contribution to decision-making process of management that will ensure business growth and long-term success, for commercial and manufacturing business matters.
Key Responsibilities
Financial Planning & Analysis –
Support Operations team on monthly manufacturing review meeting
Evaluate the site’s performance using key data Provide relevant analysis and commentary on key variances and trends of costs & expenses vs. prior year and forecast Prepare monthly manufacturing sites pack and provide monthly financial KPIs for Production dashboard.
Provide insight and analysis to support operational decision-making.
Responsible for budgeting and forecasting process as per our Company’s forecasting calendar. Work closely with Regional Team and Site Team for ensuring all Budget / Forecast deliverables are met as per timelines.
Help identifying manufacturing efficiencies and optimize the efficiencies.
Review Capital spend by project and provide analysis between actual data and budget.
Gather and analyze financial information for internal use. Support any adhoc local / regional requirement for analysis.
Product costing –
Define and review standard cost in relation with Operations, Procurement and Supply Chain
Prepare hourly rate for budget and standard costing processes and provide relevant analysis on variances.
Responsible for setting up annual Transfer Prices with various countries - in co-ordination with Transfer Pricing Team – according to internal guidelines and in alignment to local profitability guidelines.
Assist with product costings, to drive new business opportunities, as well as forecasting and variance analysis.
Periodical review of Bill of Materials (BOM) changes impact on standard costing
Provide relevant information to Global Finance for Site products in scope of CCPs, Margin Evaluations
Support our Manufacturing Division Site with business case evaluations of new projects / new product costing / site-transfer project evaluations.
Site Financial Controller Functions –
Prepare and analyze the monthly price and usage variance allocation, including Purchase Price Variances (PPV)
Responsible for evaluation of Fixed Assets Acquisitions - Business Case preparations, ensuring Approvals as per GOA, support accounting team with relevant information for creating Internal Orders, asset numbers and final capitalization process requirements.
Support periodical Fixed Asset counts conducted by Finance & Accounting Team - work with Site Operations Team for smooth conduct of count-check, Gap Analysis and ensuring the deviations are supported with requisite approvals for accounting.
IQV Analysis – Close co-ordination with Site Operations and Procurement for assessing health of Site Inventory – Analyze impact of high inventories on P&L through obsolescence risks, play role in monthly S&OP Meetings to assess inventory risks. Finalize monthly provisions in accordance with Site Management discussions, review and approvals in HARP for monthly close operations.
Organize periodical inventory counts, work with Finance & Accounting Team and Site Operations Team for smooth conduct of Stock-take, Gap Analysis, Gap Approvals and ensuring the variances are accounted correctly.
Support on any audit queries on Financial Budgets / Inventory Valuation area / Standard Cost exercise.
Support internal teams for preparing periodical MIS.
Providing data to support management’s decision-making function
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