The Finance Operations Partner is responsible for overseeing the management accounting function and team within Chanelle Pharma's Finance department.
This role involves analysing financial data, maintaining accurate cost information, ensuring effective cost control, and working closely with various departments such as production, supply chain and finance to support cost-efficient operations.
The Manager will also play a key role in financial planning, budgeting, and reporting, providing critical insights to improve profitability and operational efficiency.Key Responsibilities:Cost Accounting ManagementOversee and manage the cost accounting functions including standard costing, inventory valuation, and cost variance analysisMaintain and update the cost accounting system to ensure accurate and timely financial data for decision-makingPrepare monthly, quarterly, and annual cost reports for management reviewCost Analysis & ReportingConduct detailed analysis of production costs, overheads, and other cost driversProvide management with timely reports on cost trends, product profitability, and operational performanceImplement and monitor key performance indicators (KPIs) related to cost management and operational efficiencyAnalyse variances between budgeted and actual costs and identify key drivers of discrepanciesCollaborate with department heads to monitor and control cost expendituresProcess ImprovementIdentify opportunities for cost reduction, process improvements, and increased efficiencyLead initiatives to improve the cost accounting systems, reporting processes, and data accuracyCollaborate with IT and finance teams to automate and streamline cost accounting functionsTeam LeadershipManage and mentor the cost accounting team, providing guidance and development opportunitiesFoster a culture of continuous improvement, accountability, and collaborationCoordinate cross-functional efforts to optimize cost management strategies across departmentsAdditionalAssist in the preparation of annual budgets, rolling forecasts, and long-term financial plansEnsure accurate and efficient inventory valuation, including standard costs and actual costs of goods soldCompetencies:Excellent analytical, problem-solving, and communication skillsStrong attention to detail and accuracyAbility to work under pressure and meet tight deadlinesStrategic thinking with the ability to translate data into actionable insightsLeadership and team management skills essentialAbility to deliver results through othersAbility to lead and work effectively with cross-functional teamsQualifications:Bachelor's degree in accounting, FinanceQualified ACA/CPA, CIMA or ACCA5+ years of experience in cost accounting or financial analysis and managing a team preferably in a GMP manufacturing or production environmentStrong knowledge of cost accounting principles, including standard costing, activity-based costing, and variance analysisProficient in financial management software (ERP systems, SAP, Oracle, etc.
)Advanced Excel skills and familiarity with data analysis tools