Management Accountant

4 weeks ago


Taunton, Somerset, United Kingdom Novanta Full time
Job Summary

The Management Accountant is a critical role in providing financial support to the organization. As the factory finance & accounting leader for the Taunton site, you will play a key part in assisting with budgeting, financial forecasting, and performance analysis.

Key Responsibilities

Manufacturing Performance & Process Improvement

  • Collaborate with Operations Leader and senior site managers to explain results, make improvements, manage projects, identify inefficiencies, and participate in strategic business discussions and decisions.
  • Complete analyses and provide recommendations and initiatives for improving financial performance and decision making.
  • Support site teams in deploying Novanta Growth System (NGS) tools & activities in the factory to improve overall operations.
  • Drive automation, simplification, and process efficiency throughout the cost accounting & finance processes.
  • Research solutions to improve inventory accounting & management processes.

Manufacturing Data Management

  • Maintain accurate costing methodology in the ERP system, partnering with operations and engineering experts to ensure proper BOMs, routings, item masters, and vendor masters are maintained.
  • Establish, implement, and maintain governance relating to the quality of Novanta master data.
  • Maintain standard cost system to ensure accuracy of inventory valuation and lead annual plant manufacturing cost standard roll.

Financial Reporting, Planning & Analysis

  • Prepare standard financial and operational reports, explain operational activities/related variances, and report monthly plant performance.
  • Prepare financial analysis to monitor spend in key areas.
  • Execute key inventory and cost of goods sold process controls and ensure documentation of those controls adhere to audit & SOX requirements.
Requirements
  • CIMA or ACCA/ACA qualification required.
  • Expert experience with Microsoft Excel.

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