Assistant Finance Manager

Role Overview

This is a specialized Manufacturing finance and management accounting role focused entirely on manufacturing operations. The position acts as a financial bridge between corporate finance and the manufacturing team to optimize costs and maintain strict budgetary control.

Key Responsibilities

1. SAP Costing & BOM Management

• Execute standard costing releases in SAP at regular intervals, ensuring accurate material valuation and cost estimates.

• Conduct regular Bill of Materials (BOM) reviews with engineering and production teams to verify structural and quantitative accuracy.

• Track production variances by performing deep-dive analyses of Standard BOM vs. Actual consumption to isolate yield losses, price variances, and scrap factors.

2. Business Partnering & Budgeting

• Collaborate closely with the manufacturing team to provide actionable operational insights.

• Lead the preparation of annual budgets and rolling forecasts for both Opex and Capex.

• Conduct monthly variance analyses (Budget vs. Actuals) to identify gaps and corrective actions.

3. Cost Optimization & Performance Management

• Drive cost-savings initiatives across the plant to ensure overall spend remains within budget.

• Spearhead monthly reviews on factory costs, production variances, and savings accrued from efficiency programs.

• Partner with operations on manpower optimization and waste elimination projects.

4. Capex Management & Governance

• Build financial business cases for proposed plant machinery, expansions, or upgrades.

• Compute critical metrics including Internal Rate of Return (IRR), Payback Period, and ROI.

• Maintain a detailed tracker of active Capex projects for monthly executive reviews.

5. Inventory & Working Capital Control

• Oversee inventory efficiency for plant spares and manufacturing consumables.

• Minimize working capital drag by monitoring slow-moving items.

• Enforce a strict policy to flag and action unused spares sitting for more than 6 months.

6. Audit, Compliance & Systems

• Coordinate factory audits, including physical stock takes, internal controls, and fixed asset verification.

• Optimize SAP S/4HANA workflows to simplify user tasks while improving the depth of financial data reporting.