Assistant Plant Financial Controller - Cast UK Limited : Job Details

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

• Produce Timely & Accurate Management Information to satisfy group and local deadlines, examples being:
  • Weekly Production Cost Analysis - Standard v Actual // Actual v Budget // Actual v Prior Year
  • Weekly Stock Variance Analysis - Where & Why? What are the Drivers? Identify areas for Improvements & work with stakeholders to close our actions
  • Weekly PPV Analysis
  • Headcount Review
  • Intercompany Transfer Pricing Calculation & Validation (Qtr update)
• Create new / revised reports to challenge operational activities with a view to pro-actively drive cost savings
• Review Trends and Challenge current performance, identifying risks and opportunities.
• Ensure Master Data Integrity & Vigilance - assist with the identification & resolution of Product Costing and Master Data queries.
• Business Partnering with Operations, R&D, Commercial & HR, presenting clear financial information to support decision making at all levels
• 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

• Revaluation of Standards - Intercompany & Third Party Prior to close
• 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
• 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.
• Validation of CLOCO Activities for all 'FP&A sites' including:
  • Std Cost Validation
  • WAC Validation
  • Stock provisions
  • Production Order closing
  • 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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