Operation Finance – UK Operations

About the job

Specific Job Responsibilities: Product Costing • Support standard cost preparation and release in SAP for Finished Goods (FG) and Semi-Finished Goods (SFG) in line with global cost policies. • Ensure accuracy and compliance of cost structures, BOMs, and routings within SAP. • Perform monthly variance analysis (material, wages, overhead, production, and inventory variances) and highlight key cost drivers with actionable insights. • Support month-end closing activities, including cost settlements, inventory accounting, and reconciliation of cost-related accounts. Inventory Valuation & Reporting • Manage and validate inventory valuation from SAP for all material categories: Raw Materials (RM), Packaging Materials (PM), Semi-Finished Goods (SFG), Finished Goods (FG), and Work-in-Progress (WIP). • Ensure timely and accurate reporting of inventory and cost data for management and statutory purposes. • Coordinate with Supply Chain, Production, and Stores teams to resolve inventory and costing discrepancies. MIS & Financial Reporting • Prepare operational MIS reports, highlighting deviations against budget with detailed root-cause analysis. • Perform detailed reconciliation between MIS profitability and financial profitability, ensuring item-wise accuracy. • Generate and analyze production output reports as part of weekly and month-end performance reporting, supporting operational and management reviews. • Coordinate and complete monthly FI period closure, including validation of intercompany balances, accruals, provisions, and ledger integrity. Relevant Professional / Educational Background, Skills & Experience: • CA/CMA qualified with a strong academic profile • Minimum 3 to 5 years’ post qualification experience in a multinational manufacturing company (preferably pharmaceutical or FMCG industry) • Strong communication and interpersonal skills • Strong cultural awareness ensuring an ability to work with global colleagues • Strong administration, attention detail, technical advances in IT and data management. • Passionate dynamic manager with a strong presence with the ability to inspire staff, deliver to deadlines and manage expectations with confidence. • Able to handle multiple priorities and critical decision making within tight time constraints • Flexible and thrive in fast paced, changing environment.

Requirements

• Product costing
• SAP
• Variance analysis
• Inventory management
• Financial reporting
• Communication skills

Qualifications

• CA
• CMA

Preferred Technologies

• Product costing
• SAP
• Variance analysis
• Inventory management
• Financial reporting
• Communication skills