Management Accountant

3 weeks ago


Taunton, Somerset, United Kingdom Novanta Full time

Job Summary

The Management Accountant is the factory finance & accounting leader for the Taunton site.

As the Management Accountant, you will play a critical role in providing financial support to the organization. Your primary responsibility will be to assist with budgeting, financial forecasting, and performance analysis. Additionally, you'll specifically support factory operations by evaluating financial data related to production, costs, and efficiency, in a process manufacturing environment.

Key Responsibilities

  • Collaborate with Operations Leader and other senior site managers to explain results, make improvements, manage projects, identify inefficiencies, understand operations and participate in strategic business discussions and decisions.
  • Complete analyses and provide recommendations and initiatives for improving financial performance and decision making.
  • Help site teams to deploy Novanta Growth System (NGS) tools & activities in the factory (Structured Problem Solving, Kaizen events, Daily Management routines, etc.) to support overall improvement to factory operations.
  • Drive automation, simplification, and process efficiency throughout the cost accounting & finance processes, including enhancing standard reporting to functional teams.
  • Research solutions to improve inventory accounting & management processes; conduct analysis of all types of inventory variances (raw materials, finished goods, purchase price variance, overhead absorption, and labor rate variance)

Requirements

  • CIMA or ACCA/ACA qualification required.
  • Experience or understanding of manufacturing (e.g., familiarity with production workflows, cost allocation in manufacturing, inventory management in a factory setting).
  • Ability and willingness to spend time on production floor; learn and understand manufacturing processes and products, fundamental understanding on plant and product costs
  • Ability to operate comfortably at a detailed as well as a strategic level.
  • Expert experience with Microsoft Excel.
  • Strong presentation and written communication skills.

Novanta is an inclusive employer and wants to see every candidate performing at their best throughout the application process, interview process and whilst at work. We therefore encourage you to inform your Talent Acquisition Partner of any reasonable adjustments you might need to enable this to happen.

Novanta is proud to be an equal employment opportunity and affirmative action workplace. We consider all qualified applicants without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, national origin, military and veteran status, disability, genetics, or any other category protected by federal law or Novanta policy.


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