Financial Analyst Job in Milton Keynes

Financial Analyst Job in Milton Keynes. Apply for the latest Milton Keynes jobs in Accounting/Financial/Insurance.

Financial Analyst Job in Milton Keynes

Job Description
We are looking for a Financial Analyst to join our busy and growing organisation. Working as part of a dynamic finance team and integrated into the site operational team, you will support the Link Apex and Group finance team in providing high quality data, information and reports to enable them to understand the operational and finance performance of the Milton Keynes site.

Financial Analyst Responsibilities:

• Maintenance of an accurate and up to date standard costing model.
• Ownership of the factory financial KPI tracker sheets.
• Accurate data provision for all costing requests.
• Daily & weekly reporting including
• Be the gate keeper for the weekly reports that collate financial and operational data.
• Put procedures in place to ensure robust reporting is routinely performed
• Report variances to expectations, being able to explain deviations and coordinating actions to investigate
• Develop and embed new reports for the site using existing reports available, SAP operational and financial systems and other tools available,
• Take disparate and varied sources of financial and non-financial information and bring into a single model which allows the Link Apex FC and Group FC to see the trends and outliers.
• Participate in business meetings that discuss the key financial and non financial metrics

Stock Reporting including:

• Provide support to the Group FC in generating reports on stock, including key components of the stock, obsolescence, aging and damaged. Identify route causes of issues noted and monitor management action plans to ensure rectification actions are put in place.
• Ensure appropriate stock control procedures are in place, including adequate use of the SAP PI counting system so it can be relied upon at year end audit. Perform ad hoc regular audits of the PI count and identify actions that need be eb taken to improve effectiveness.
• Create a working model for the factory which will determine whether the stock level held is appropriate for the site, taking into account sales, production and order levels, industry standards and other reference points.
• On occasions where stock is too high identify with management and implement actions to reduce stock holding.
• Manage action plans to address stock improvements through the operational business
• Identify other actions that could be taken to reduce stock holding and release working capital.

Costing;

• Provide support to the Link Apex FC to ensure standard costing for all Link Apex products are accurate and up to date.
• Review reports on price, production and material price variances on a regular basis to identify and explain variances, understand why they are occurring, determine the impact of them on the month end position and determine if corrective action is needed in the standard costing in SAP.
• Develop a model for reporting on labour vs standard costing that will explain the impact of variation on labour levels and type for different production levels vs standard costing
• Develop an understanding of the impact of overhead recovery in the standard cost model and the impact changes in production levels.
• Produce reports identifying anomalies that can be easily explained to management in a clear and concise way

Financial Analyst Requirements:

• Qualified or part qualitied accountant (ACA/CIMA/ ACCA) with 3 years’ experience working in a medium sized finance department.
• High level user of Microsoft Office programmes (Word, Excel and Outlook) with the ability to manipulate data efficiently and use models to present results to finance and non-finance users.
• Working in a manufacturing environment
• Experience of SAP (finance)
• Resilience under pressure, with the ability to meet strict deadlines
• Excellent communications skills and the ability to communicate with non-financial colleagues
• The ability to challenge colleagues in a constructive and professional manner
• The ability to write reports in a clear, concise manner that can be understood by non-financial colleagues

Desirable Skills & Experience:

• Experience of standard costing.
• Understanding of stock
• Experience of factory based operational systems

Company Benefits:

• Competitive Salary- up to £50k per annum
• 33 days holiday per annum including bank holidays
• Company pension
• Life assurance
• Employee discount scheme
• Long service awards
• Hybrid working available

About Us:

The Whittan Group is the largest manufacturer of steel storage products in the United Kingdom. Operating through a number of market leading brands; we design, manufacture and install storage solutions for commercial and industrial environments in the UK and Europe.

Location: Milton Keynes
Contract Type: Permanent
Hours: Full Time, 37.5 per week
Salary: Up to £50,000 per annum, plus competitive benefits

You may have experience of the following: Financial Analyst, Part Qualified Accountant, Assistant Management Accountant, Assistant Financial Analyst, Finance Analyst, Assistant Accountant, Finance Assistant, Accounts Assistant, Finance Manager, etc.

Ref: (Apply online only)

Job Type: Permanent, Full Time
Location: Milton Keynes
Category: Accounting/Financial/Insurance
City: Milton Keynes
County: Buckinghamshire
Country: United Kingdom
Salary: £50000/annum
Benefits: