Finance Manager - Operations

2019-05-30 14:15:402019-06-08JMF Associates
Job Type Permanent
Location Oxfordshire bordering the Cotswolds
Area Greater London, London Oxfordshire bordering the Cotswolds
Sector Accountancy, Commerce & Industry
Salary Competitive
Start Date ASAP
Telephone 0208 663 6699
Job Ref AJE6647
A Finance Manager is sought as a Finance Business Partner for this specialist Precision Manufacturing Company, based in Oxfordshire bordering the Cotswolds.
Reporting to the Financial Controller, the main focus of the Finance Manger role is the provision of high quality and timely financial information to support decision making, and ultimately improve the profitability of the business.
The job holder will be expected to work closely with divisional and other managers, but particularly the members of the Operations team, providing a customer focused service and facilitating a two-way flow of information.
The knowledge gained will be used to improve the accuracy of financial reporting, and to develop the most efficient ways of providing managers with the information and insight required to enable them to perform effectively. The primary focus will be on providing data to support a culture of targeted continuous improvement in Operation where opportunities are identified, and results monitored in financial terms.
Key Responsibilities
Provision of management accounts and other financial reporting of a high quality, and which is circulated in accordance with deadlines specified by the Group Finance Director.
Proactively working with managers, particularly the members of the Operations team, to improve knowledge and provide support to enable them to perform their roles effectively.
Attend the monthly Operations Lead Team meeting, presenting the financial results and providing financial input as necessary.
Providing local support, equivalent to one working day per week on average, at each of the two UK manufacturing sites from either the Finance Manager - Operations or the Finance Assistant - Operations.
Identification and delivery of the key financial information required to drive greater operational efficiency, working with management to realise improvements in profitability through lower manufacturing and supply chain costs.
Conduct monthly reviews of financial results with management to ensure that they are as accurate as possible, and that reasons for large variances are known, prior to circulation to the Exec Team.
Playing an active role in the development of the Annual Operating Plan, assisting managers as necessary to streamline processes and improve data accuracy.
Assuming responsibility for the annual calculation of new standard costs for all manufactured parts, working closely with the members of the IT team to streamline processes and improve data accuracy.
Assuming responsibility for the calculation of intra group transfer prices, based upon the methodology determined by the Group Finance Director.
Communicating the new transfer prices to all overseas affiliates prior to the start of each financial year and circulating updated lists monthly to cover new products.
Providing support to R&D with costing of development products, and other managers with ad-hoc financial projects which require costing expertise.
Playing an active role in inventory management, ensuring that the balance sheet accurately reflects the value of stock owned by the Company.
Supporting the Financial Manager - Sales and R & D with maintenance of the Company fixed asset register, including valuations for insurance purposes.
Assisting managers with capital investment decisions and the preparation of expenditure applications, to ensure that schemes offering the best returns are put forward for approval.
Assisting managers with post completion audits of selected capital projects, to ensure that expected benefits are being realised.
Assuming responsibility for the completion of annual insurance declarations.
You will be a UK or overseas Equivalent Qualified Accountant. Essential requirements for this role are a good knowledge of manufacturing accounting , including standard costing, variance analysis, and product costing
A good understanding of all aspects of accounting under UK GMP. Advanced Excel skills. Intermediate PowerPoint and Word skills. A logical approach to problem solving. Good analytical skills. An ability to identify and implement solutions to resolve problems
In addition to an excellent salary further benefits include 25 days holiday, generous pension, Life Assurance and Private Healthcare. 
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Jennings Morton Friel Associates Ltd
Duncan House, Burnhill Road
Beckenham, Kent BR3 3LA
+44 (0)20 8663 6699

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