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- Tasks: Support manufacturing operations by analysing costs and improving processes.
- Company: Join a successful international manufacturing group during an exciting transformation.
- Benefits: Gain valuable experience in finance with opportunities for growth and development.
- Why this job: Make a real impact by driving efficiency and supporting decision-making in a dynamic environment.
- Qualifications: Part qualified accountant or equivalent, with experience in a manufacturing finance role.
- Other info: Collaborative culture with a focus on continuous improvement and stakeholder communication.
The predicted salary is between 36000 - 60000 £ per year.
T2M Resourcing are recruiting a Finance Analyst (Manufacturing) on behalf of a successful international manufacturing group during an exciting period of change. As Finance Analyst (Manufacturing), you will support the manufacturing operations by focusing on cost accounting, performance metrics, and process efficiency. In this role, you will be the link between finance and operations, providing insights to drive decision-making.
What will you be doing?
- Partnering with Operations functions to better understand costs within the manufacturing activities.
- Cost Accounting & Reporting: Prepare monthly financial reports, including weekly direct labour costs, variances to standard, and utilities costs.
- Variance Analysis: Conduct in-depth analysis of performance variances to identify drivers and provide commentary to operations teams.
- Budgeting & Forecasting: Support budgeting and forecasting processes, ensuring accurate cost projections aligned with production goals.
- KPI Development & Monitoring: Coordinate the preparation of daily, weekly, and monthly Key Performance Indicators (KPIs) for site reporting and monitor performance against targets.
- Process Improvement: Identify areas for improvement in manufacturing processes and collaborate with cross-functional teams (operations, supply chain, procurement) to implement efficiencies and cost reduction initiatives.
- Financial Modelling & Analysis: Develop financial models for decision support, conduct ROI analysis for new projects, and evaluate cost drivers.
- Stakeholder Communication: Attend and contribute to weekly and monthly review meetings, communicating complex financial information in a clear, actionable manner to non-financial audiences.
What are we looking for?
- A part qualified accountant ideally studying towards a recognised accountancy qualification (ACCA / CIMA) or equivalent. QBE will also be considered.
- Experience of working in a similar finance role within a manufacturing environment, with an ethos of continuous improvement.
- Ability to maintain productive working relationships with other areas of the business.
- Proficiency in financial software systems and advanced knowledge of Microsoft Excel.
- Able to meet deadlines in a timely and efficient manner.
- Experience of driving change.
To apply please forward your CV together with details of your current salary and notice period. This is a permanent appointment, and candidates must be eligible to work in the UK / EU on a permanent full-time basis. Due to the high volume of applications if you have not received a response within 10 working days, please assume that your application has been unsuccessful. T2M Resourcing is an equal opportunities employer. By submitting your details you are agreeing to our privacy policy.
Finance Analyst (Manufacturing) in Telford employer: T2M Resourcing Ltd
Contact Detail:
T2M Resourcing Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Analyst (Manufacturing) in Telford
✨Tip Number 1
Network like a pro! Reach out to people in the manufacturing finance sector on LinkedIn or at industry events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your cost accounting and variance analysis skills. Be ready to discuss how you've improved processes in past roles – real examples will make you stand out!
✨Tip Number 3
Show off your Excel skills! If you’ve got experience with financial modelling, be sure to highlight that in conversations. Maybe even bring a sample of your work to showcase your abilities.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Finance Analyst (Manufacturing) in Telford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Finance Analyst role. Highlight your experience in cost accounting and any relevant manufacturing background. We want to see how your skills align with what we’re looking for!
Showcase Your Skills: Don’t just list your qualifications; show us how you’ve used them! If you've worked on budgeting, forecasting, or KPI development, give us examples. We love seeing real-world applications of your skills.
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon unless it’s relevant. We appreciate a well-structured application that gets straight to the point!
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It helps us keep track of applications and ensures you’re considered for the role. Don’t miss out!
How to prepare for a job interview at T2M Resourcing Ltd
✨Know Your Numbers
As a Finance Analyst, you'll be dealing with a lot of financial data. Brush up on your cost accounting principles and be ready to discuss how you’ve used them in past roles. Be prepared to explain variances and how they impact decision-making.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess. Think of specific examples where you've conducted variance analysis or developed KPIs. Use these examples to illustrate how your insights have driven improvements in manufacturing processes.
✨Communicate Clearly
You’ll need to convey complex financial information to non-financial audiences. Practice explaining your past projects in simple terms. This will show that you can bridge the gap between finance and operations effectively.
✨Emphasise Continuous Improvement
Highlight your experience with process improvement initiatives. Be ready to discuss how you've identified inefficiencies and collaborated with cross-functional teams to implement changes that led to cost reductions or enhanced performance.
