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The Operations Finance Lead position is a key detailed oriented position within the plant operation. This position is usually held by a qualified accountant and acts as a key analyst for the plant. This position is responsible for overseeing and managing financial operations and standard costing of the plant. Responsibility will extend beyond general accounting duties to include operations financial forecast and overall plant business analysis. As a developmental role, this position usually directs the activities of other plant personnel in various capacities.
Job Responsibility:
Acting as a business partner to the Business Unit Production Manager
Proactively and constructively providing guidance to improve operation performance and thus achieving cost competitiveness
Manage and control manufacturing variances incl. efficiency/waste/labor/material usage variances. Ensure inventories accuracy through cycle count
Ensure timely and accurate monthly plant’s operational and financial performance reporting
Ensure accurate standard costing being maintained
Capable in simulating product costing to support new innovation project via good BOM and production process understanding
Benchmark standard costing among manufacturing network to optimize COGS position
Oversee inventory valuation and ensure accurate reflection of inventory costs
Work closely with production, procurement, and supply chain finance teams to ensure alignment on cost management strategies
Prepare and analyze plant’s operational and financial performance on a monthly basis
Assist in preparing plant variance outlooks, lead annual standards cost review process, and assist in various facets of the plant budgeting process
Analysis and forecast of manufacturing variances & common cost on monthly basis
Ensure provision and accrual are recorded based on Accounting procedures and Policies
Carry out monthly SOX Controls procedures
Track, validate and monitoring of Continuous Improvement / Cost savings projects
Miscellaneous Analysis: any ad hoc task as assigned by management
Requirements:
Minimum Degree in Accountancy/Finance
ACCA, CIMA or CPA preferred
Minimum 10 years experience in manufacturing accounting (good understanding of standard costing and variance analysis)
Preferably in multi-national manufacturing environment
SAP or equivalent ERP system exposure is a must
Ability to work independently under fast pace environment with minimal supervision
Team player and able to communicate effectively in both English and Bahasa
Integrity and able to provide objective decision to improve P&L bottomline
Good business sense, committed and responsible in meeting deadline
Proactive and problem solving mindset
Knowledge of US GAAP (Generally accepted accounting principles), SOX and financial policies/control