Operations Finance Manager

Key Responsibilities

• Collaborate with the production department to ensure the accuracy and completeness of standard costing.
• Regularly update the standard costing system, including Bills of Materials (BOM) and SKU-level cost data, to reflect current production methods.
• Monitor and follow up on the timely closure of completed production jobs in coordination with the production team.
• Analyze variances between standard and actual production costs, identify root causes, and report findings with recommended actions.
• Oversee all operational finance activities related to production, supply chain, and commercial functions.
• Analyze product costing, inventory valuation, and margin performance to support informed strategic decision-making.
• Lead budgeting and forecasting processes for operational departments and conduct monthly variance analysis to ensure alignment with business objectives.
• Partner with plant and commercial managers to provide financial guidance, enhance operational efficiency, and drive cost optimization initiatives.
• Ensure compliance with internal controls, company policies, accounting standards, and regulatory requirements.
• Provide financial support to operational teams during audits, pricing decisions, and strategic planning processes.
• Oversee the preparation and review of timely and accurate management reports and financial statements for operational leadership.
• Support continuous improvement initiatives by identifying cost-saving opportunities and assessing their financial implications.
• Supervise, mentor, and develop plant and cost accountants across multiple sites to build a strong and consistent finance function.
• Collaborate with procurement and supply chain teams to evaluate supplier performance and monitor material cost trends.
• Lead the implementation and continuous improvement of ERP and financial systems to enhance data accuracy and reporting efficiency.
• Ensure effective working capital management by monitoring operational aspects of inventory, receivables, and payables.