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For Companies At a Glance
- Tasks: Analyse data to improve operations and support financial decisions.
- Company: Join a dynamic team focused on operational excellence and strategic insights.
- Benefits: Enjoy flexible working options and opportunities for professional growth.
- Why this job: Make a real impact by driving efficiency and enhancing decision-making.
- Qualifications: Bachelor's degree in business, finance, or operations required; Excel proficiency essential.
- Other info: Ideal for those eager to learn and grow in a fast-paced environment.
The predicted salary is between 28800 - 48000 £ per year.
We are looking for a driven and analytical Operations Analyst to join our team. This is an exciting opportunity to play a key role in improving operational performance through data-driven insights and supporting strategic decision-making across production and financial functions.
About the Role
As an Operations Analyst, you will be responsible for analysing manufacturing and operational data, identifying trends and inefficiencies, and supporting the accuracy of inventory and cost-related processes. This role sits at the intersection of operations and finance, offering broad exposure and opportunities for impactful contributions.
Key Responsibilities
- Analyse production costs, including labour, materials, and overheads, to highlight trends and improvement areas
- Support accurate tracking and reporting of inventory, including raw materials, work-in-progress, and finished goods
- Develop, maintain, and analyse standard cost models and variance reports
- Contribute to monthly, quarterly, and annual reporting processes
- Participate in budgeting and forecasting of operational costs and resources
- Assist with month-end processes including journal entries and account reconciliations
- Support internal control procedures related to operations and cost data
- Provide data and insight for internal and external audit requirements
- Monitor and report on capital expenditure projects
- Contribute to the successful rollout of an ERP system upgrade, ensuring operational requirements are captured
Skills and Attributes
- Strong analytical and critical thinking skills, with the ability to interpret complex data
- Detail-oriented and committed to accuracy
- Effective communication skills, able to present findings to a range of stakeholders
- Curious, proactive, and continuously looking to improve processes
- Collaborative approach to problem-solving across cross-functional teams
- Flexible and adaptable to changing priorities and business needs
Essential Requirements
- Bachelor's degree in business, finance, operations, or a related field
- Proficiency in Excel or other analytical tools
- Strong organisational and communication skills
- Ability to manage competing priorities in a fast-paced environment
Desirable Experience
- Previous experience in an operational or financial analysis role within a manufacturing or production environment
- Understanding of cost accounting and inventory processes
- Experience with ERP systems (e.g., SAP)
If you're excited by the prospect of using data to drive efficiency and enhance decision-making in a dynamic environment, we'd love to hear from you.
Contact Detail:
Yolk Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operations Analyst
✨Tip Number 1
Familiarise yourself with key analytical tools and software, especially Excel, as this role heavily relies on data analysis. Consider taking online courses or tutorials to sharpen your skills in data manipulation and visualisation.
✨Tip Number 2
Gain a solid understanding of cost accounting and inventory processes. This knowledge will not only help you in the interview but also demonstrate your commitment to the role and its responsibilities.
✨Tip Number 3
Network with professionals in the operations and finance sectors. Attend industry events or join relevant online forums to connect with others who can provide insights into the role and potentially refer you to opportunities.
✨Tip Number 4
Prepare to discuss specific examples of how you've used data to drive improvements in previous roles. Be ready to showcase your analytical thinking and problem-solving skills during the interview process.
We think you need these skills to ace Operations Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Operations Analyst role. Focus on your analytical abilities, experience with data interpretation, and any previous roles in operational or financial analysis.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and how your background makes you a great fit. Mention specific examples of how you've used data to drive improvements in past positions, particularly in manufacturing or production environments.
Highlight Relevant Skills: Emphasise your proficiency in Excel and any other analytical tools you are familiar with. Discuss your strong organisational skills and ability to manage competing priorities, as these are crucial for the fast-paced environment of an Operations Analyst.
Showcase Your Problem-Solving Approach: Demonstrate your collaborative approach to problem-solving in your application. Provide examples of how you've worked with cross-functional teams to improve processes or resolve issues, which is key for this role.
How to prepare for a job interview at Yolk Recruitment
✨Showcase Your Analytical Skills
As an Operations Analyst, your ability to analyse data is crucial. Be prepared to discuss specific examples of how you've used data to identify trends or improve processes in previous roles. Highlight any tools or methodologies you used.
✨Understand the Role's Intersection
This position sits at the crossroads of operations and finance. Familiarise yourself with both areas and be ready to explain how your skills can bridge the gap between them. Discuss any relevant experience you have in both fields.
✨Prepare for Technical Questions
Expect questions related to cost accounting, inventory processes, and ERP systems. Brush up on these topics and be ready to demonstrate your knowledge. If you have experience with specific systems like SAP, make sure to mention it.
✨Demonstrate Your Communication Skills
Effective communication is key in this role. Prepare to present your findings from past analyses clearly and concisely. Think about how you can tailor your communication style to different stakeholders, as this will be important in your new role.
