Finance Business Partner

Redditch, Worcestershire
Michael Page Finance

Exciting newly created Finance Business Partner role in a manufacturing business based in Redditch.

Up to £60,000 PA

Client Details

Based in Redditch, you will be joining an growing manufacturing business in a newly created role.

Description

Utilisation and interpretation of data to support the different areas of the business to improve profitability, including:

• Labour performance and effectiveness
• Monitoring and working with BU leaders to understand key spend areas including consumables, maintenance and H&S etc
• Undertake reviews of Standard to Actual product profitability
• Review and monitor Financial standards – routing times and resource costs
• New Product monitoring and comparison to bid estimates

Identification of areas to aid and improve working capital and cashflow management including;

• Report on Capex investment effectiveness and returns
• Support and assess Capex proposals of the business
• Review and monitoring of stock levels and identification of opportunities to reduce inventory
• Monitoring of expected material receipts vs actual and rationale for variations
• Slow Moving WIP Review and monthly reporting, including summary reviews for sharing with the Exec.
• Management of annual Stock take and oversight of rolling PI counts
• Working with the business to report and ensure all product is shipped in a timely basis and any deviations are understood and highlighted
• Reviewing Aged Receivables with the Credit Controller to establish expected receipts

Accounts Payable

• Active monitoring of GRNI / V1 invoice register to ensure aging reduced / kept to a minimum
• Working with Accounts Payable Clerk to ensure business process followed and any problem items are resolved in a timely manner
• Monitoring and projecting expected cash outflows of non-material suppliers

Reporting

• Daily/Weekly
• Timely and accurate issuance of daily reports
• Provide / issue summary report on findings across areas of responsibility
• Month end
• Support the Finance Manager in initial completion of draft finances for review by the Finance Controller
• Provide support, in conjunction with the Finance Manager and Finance Controller, to the business to understand the monthly finance pack

Profile

• ACCA/ACA/CIMA Qualified or equivalent
• A strong management accountant or existing finance business partner background, keen on implementing change throughout the organisation. You will be an outgoing and engaging individual, comfortable on building rapport and relationships across all levels of the business.
• High attention to detail and strong analytical skills, whilst maintaining the ability to work under pressure on your own initiative, as part of a small team.

Job Offer

• Up to £60,000 PA