Finance Analyst

Description:

Mecc Alte UK manufacture a wide range of industrial alternators from it’s plant in Oakham, working closely with its parent company based in Italy and its clients/customers to ensure top quality products are delivered throughout the product lifecycle.

Our people are at the core of our business and this is what makes Mecc Alte a unique Company.

We are seeking an experienced Manufacturing Financial Analyst with minimum 2 years experience and a Graduate in Accounting and Finance degree or similar.

The candidate should preferably have SAP systems knowledge/experience also, but not essential.

Main responsibilities/activities:

Reporting to the Finance Manager, the Finance Analyst will support in Manufacturing Cost Accounting activities and take care of the periodic reporting:

- Review and maintenance of the industrial accounting system so that it is consistent with business trends;

- Over/under analysis.

- Support in processing of management reports , year-to-date variance analysis, budgets, forecasts;

- Analysis of variances and causes, also through consultation with the various company functions;

- Evaluation and definition of corrective actions together with the company functions concerned;

- Presentation of closure data to the management and explanation of the main impacts.

- Monitoring of key company KPIs and reporting of financial data

- Supporting MIS (manufacturing information system) projects in order to introduce new and timely measures to safeguard the efficiency of information processes

- Adaptation of the manufacturing cost accounting model and related company policies to changing business dynamics

- Understanding of BOMs/Bill of Materials processes

-Supporting Senior management in the drafting of the budgets

- Production of periodic forecasts

- Periodic analysis and presentation of deviations from the budget.

Ensures the elaboration of analyses useful for:

- Assessing profitability by product/customer

- Evaluation of the impact of new investments and technological innovation

- Evaluation of changes in production organisation and stock management

- Evaluation of make or buy choices

- Assessment of profitability by product/customer

Essential Requirements/Experience

- Experience in industrial management control within manufacturing industry, using data from the SAP system (or similar), with a focus on profitability analysis;

- financial analysis experience in Manufacturing industry (i.e. electro-mechanical engineering)

- Familiarity with the SAP CO (controlling) module in engineering production environment;

- Familiarity with the use of SAP in a "factory" where there are production orders, recipes (Bill of Materials), man and machine hours per batch (routings), variance analysis;

- previous experience in engineering industry ideal but will consider candidates from food manufacturing who have had exposure to production processing costing analysis

Please note only candidates with indefinite leave to remain in UK will only be considered. We will not be considering sponsorship of Visa for candidates.

Candidates must live within a reasonable commuting distance of Oakham, Rutland. There is no hybrid working option as we require the candidate to be on site working closely with departments