At a Glance
- Tasks: Analyse costs, monitor financial performance, and support accounting functions in a dynamic team.
- Company: Join a supportive manufacturing company focused on career development.
- Benefits: Competitive salary, early finishes on Fridays, and opportunities for professional growth.
- Other info: Collaborative environment with opportunities to work on ERP system implementations.
- Why this job: Make a real impact on business improvement projects while developing your financial expertise.
- Qualifications: AAT qualified or part-qualified with strong analytical skills and previous accounting experience.
The predicted salary is between 38300 - 38300 £ per year.
Location: Bishop's Stortford
Job Type: Permanent
Salary: £38,300 per annum
Working Hours: Monday to Thursday, 8:30am - 5:00pm; Friday, 8:30am - 3:30pm
About the Role
We are seeking a detail-oriented and analytical Financial Analyst to join our Accounts team. Reporting to the Finance Manager, you will play a key role in developing and supporting cost accounting systems and processes, analysing product costs, monitoring financial performance, and supporting wider accounting functions. This is an excellent opportunity for an experienced accounting professional with a background in manufacturing who is looking to develop their career within a dynamic and supportive environment.
Key Responsibilities
- Costing of purchased materials
- Reconciliation of monthly stock movements within the inventory system
- Monitoring and reviewing bills of materials and inventory movements
- Conducting cost analysis of manufacturing processes
- Analysing profit margins and supporting pricing decisions
- Assessing organisational data and labour cost rates
- Reviewing achieved hourly rates against expected performance
- Identifying and implementing cost-saving initiatives to maximise profitability
- Liaising with production teams to review manufacturing performance and ensure data accuracy
- Preparing monthly and quarterly management reports
- Supporting ad-hoc financial analysis and projects
- Assisting with the preparation of financial reports and statements
- Preparing general ledger postings and account reconciliations
- Managing cashbooks, including monthly reconciliations and journal postings
- Supporting the Finance Manager and wider Accounts team as required
- Assisting with the implementation of a new ERP system
- Undertaking additional duties appropriate to the role and level of responsibility
About You
The ideal candidate will have previous experience within a manufacturing environment and possess strong analytical and problem-solving skills. You will be able to work effectively under pressure, communicate confidently with colleagues across departments, and maintain a high level of accuracy in your work.
Essential Requirements
- Qualified or part-qualified AAT
- Previous accounting experience
- Strong analytical and numerical skills
- Excellent verbal and written communication skills
- Good organisational and time management abilities
- Proficient IT skills, including Microsoft Office applications
Desirable
- Experience within a manufacturing environment
- Knowledge of cost accounting and inventory management processes
- Experience supporting ERP systems or system implementations
What We Offer
- Competitive salary of £38,300 per annum
- Permanent, full-time position
- Early finish on Fridays
- Opportunity to contribute to key business improvement projects
- Supportive and collaborative working environment
- Career development opportunities
Financial Analyst employer: Mts Recruitment
Join our dynamic team in Bishop's Stortford as a Financial Analyst, where you will thrive in a supportive and collaborative work environment. We offer a competitive salary, early finishes on Fridays, and ample opportunities for career development, making us an excellent employer for those looking to grow within the manufacturing sector.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Mts Recruitment. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Mts Recruitment.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Mts Recruitment's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Mts Recruitment
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Mts Recruitment.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Mts Recruitment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Mts Recruitment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
