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- Tasks: Lead product cost reporting and forecasting while managing a finance team.
- Company: Join a globally respected client developing cutting-edge technologies for clean energy solutions.
- Benefits: Enjoy a hybrid work model with opportunities for professional growth and development.
- Why this job: Be at the heart of cost management in aerospace, driving improvements and insights.
- Qualifications: Experience in finance management, advanced Excel skills, and knowledge of manufacturing costing principles required.
- Other info: This is a 12-month contract with potential for impactful contributions to the business.
The predicted salary is between 43200 - 72000 £ per year.
We are looking for a Product Cost Reporting and Forecasting Finance Manager for an initial 12-month contract, based hybrid in Derby on behalf of our globally respected client who develop cutting-edge technologies that deliver clean, safe and competitive solutions to meet the planet’s vital power needs., An exciting secondment opportunity for a Finance Manager to join the Product Cost Finance team. Reporting to the Head of Finance – Product Cost, you will manage a team partnering with the multiple stakeholders in the cost arena across the organisation, disseminating information into a concise and consistently understood message.
Product Cost is a key metric for the Civil Aerospace business and the Product Cost Finance team sits at the heart of the cost landscape supporting both the value streams and Manufacturing Business Units in their product cost journey. It is focused on adding value by managing complex data sources to provide essential information and insight to drive improvements in product cost outcomes. It is crucial in maintaining data integrity.
As a Product Cost Reporting and Forecasting Finance Manager, you will be responsible for:
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Leading on the consolidated reporting of product cost to the main business units and Procurement, identifying the main drivers behind any gaps and by utilising the data of the Product Cost system (CRISP).
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Leading the cost forecasting processes, both short and long term, providing the necessary information to support business requirements and timescales.
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Acting as the key data steward to maintain the integrity of the cost data help in the Product Cost system (CRISP).
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Being accountable for the delivery of complete, accurate and timely ad-hoc analysis on product cost performance, predominantly sourced from the CRISP system.
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Partnering with the Manufacturing Operations and Procurement cost teams and supporting them with the interpretation of product cost information to enable us to provide insightful product cost reporting to the business.
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Driving a culture of continuous improvement in identifying and managing major process improvement activities in relation to the CRISP system and associated reporting.
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Managing, developing and motivating a team of finance professionals ensuring an appropriately managed workload, providing support and development opportunities as required.
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Ensuring data integrity of financial cost information is maintained through appropriate governance.
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Experience of directly leading, supporting and developing a team.
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Experience of handling large datasets on Excel and therefore have advanced Excel competency.
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Experience and understanding of costing principles in a manufacturing environment.
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Power BI experience is advantageous.
Product Cost Reporting and Forecasting Finance Manager employer: AMS LTD
Contact Detail:
AMS LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Cost Reporting and Forecasting Finance Manager
✨Tip Number 1
Familiarize yourself with the CRISP system, as it is central to the role. Understanding how to navigate and utilize this system will give you a significant advantage during the interview process.
✨Tip Number 2
Brush up on your advanced Excel skills, especially in handling large datasets. Being able to demonstrate your proficiency in Excel during discussions can set you apart from other candidates.
✨Tip Number 3
Showcase your experience in leading and developing finance teams. Be prepared to discuss specific examples of how you've motivated your team and managed workloads effectively.
✨Tip Number 4
Highlight any experience you have with Power BI or similar data visualization tools. This can be a great asset in providing insightful product cost reporting, which is a key aspect of the role.
We think you need these skills to ace Product Cost Reporting and Forecasting Finance Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities and requirements of the Product Cost Reporting and Forecasting Finance Manager position. Highlight your relevant experience in managing teams, handling large datasets, and your understanding of costing principles in your application.
Tailor Your CV: Customize your CV to reflect the skills and experiences that align with the job description. Emphasize your advanced Excel competency, experience with Power BI, and any previous roles where you managed financial data integrity.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for finance and your ability to drive continuous improvement. Mention specific examples of how you've successfully led teams and improved processes in previous roles.
Highlight Team Management Experience: Since the role involves managing and developing a team, make sure to include examples of your leadership style and how you've motivated and supported your team members in past positions.
How to prepare for a job interview at AMS LTD
✨Showcase Your Leadership Skills
As a Finance Manager, you'll be leading a team. Be prepared to discuss your leadership style and provide examples of how you've successfully managed and developed teams in the past.
✨Demonstrate Your Data Expertise
Since the role involves handling large datasets and ensuring data integrity, highlight your experience with Excel and any relevant tools like Power BI. Be ready to discuss specific projects where you utilized these skills.
✨Understand Costing Principles
Make sure you have a solid grasp of costing principles, especially in a manufacturing context. Prepare to explain how you've applied these principles in previous roles and how they relate to product cost reporting.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities, particularly in relation to cost forecasting and reporting. Think of scenarios where you've identified gaps in data or improved processes, and be ready to share those experiences.
