Reporting to the Finance Manager
Job Purpose:
Provide strong financial support to the FM in the collection, collation, and interpretation of financial information.
Support the business in the delivery of accurate and timely reports.
Support the integrity and discipline of the business through driving the implementation and compliance with company policy and procedures.
Support the senior team in the speedy and accuracy of decisions through undertaking the collection and collation of data and interpreting of the same.
Ensure the integrity of financial data
Key responsibilities:
Cost Accounting Duties:
Analyse and monitor production costs, variances, and profitability.
Maintain accurate cost records (standard costing- BOMs), ensuring precision in tracking material, labour, and overhead costs.
Develop and refine costing systems to support pricing strategies and profitability goals.
Prepare detailed cost reports identifying variances and investigating differences, to assist the business in decision-making.
Work with operational teams to identify and implement cost-saving initiatives.
Oversee inventory valuation, attend, analyse and reconcile stock-takes, prepare monthly stock reports
Financial Accounting Duties:
Assist with the preparation of budgets and forecasts, ensuring alignment with organisational objectives.
Monitor financial performance and provide actionable insights to senior management.
Assist with working capital planning, optimising the use of resources.
Assist with month-end and year-end closing processes, ensuring timely and accurate reporting.
Assist with compliance in audits, and other statutory requirements.
Collaborate with management to develop and execute financial strategies that support growth and profitability.
Support shareholder engagement by preparing financial reports and updates.