Senior Cost Analyst

Position Purpose

The Supply Chain Accountant serves as a trusted partner in the organization and provides financial leadership for the respective Site/Manufacturing Management team. The primary purpose of this role is to partner with manufacturing teams in the pursuit of operational excellence and cost control. Responsibilities include defining and ensuring the delivery of financial objectives as well as realizing and judging risks and opportunities. This position provides insights into operating results and clarifies key performance indicators for the value creation roadmap.

Scope: Australia & New Zealand (ANZ)

Job Responsibilities

Plant Accounting

• Maintain cost accounting records and information to determine and record costs by product, department, cost centre, profit centre, etc.  Calculate annual Direct Manufacturing Costs.
• Ensure accuracy for labour, material, and variable overhead costs both for computing costs of new and existing products and for the revising of existing product prices.  
• Ensure cost calculations are in line with policy.
• Lease Reporting – compilation of Lease contracts, entering lease analysis in PPM for approval, attendance at Capital Management Review meetings for approval where required.

Factory Reporting

• Prepare accounting journals as required to present correctly monthly factory performance
• Analyse cost information and prepare the factory reporting pack reports highlighting any variations from expected costs monthly.
• Present variance analysis on material, labour, and overhead usage on Days 3, 5 and FPMP calls.
• Ensure appropriate calculations and provisions for obsolete/slow-moving stock and inter-company profit eliminations.
• Attendance at Hamilton S&OP, Weekly Leadership Team Meetings and others as required.
• Support Hamilton in the reduction of Blocked Stock and Inventory.
• Supporting the Plant on WAVE saving calculations and approvals.

Business Analysis

• Provide accurate and timely advice and financial analysis including reviewing trends and variances from the budget and the prior year actual.
• Perform quarterly ANZ SOX testing as required.
• Costing Approvals required outside of NZ Business Hours.

Business Plan

• Prepare the annual Budget for Hamilton in accordance with the budget objectives.
• Participate in the review and implementation process.
• Preparation of Executive Business Unit review slides and present them to the wider team.

Overall Responsibilities

• Provide financial advice and support to key business leaders to manage business operations and performance effectively and efficiently.
• Operational Performance & Analysis – Identify gaps between forecasts to targets, and actuals to targets and assist in the development and agreement on the strategy required.
• Financial Planning & Analysis – Own the budgeting, forecasting and annual planning process for your business unit ensuring strategic alignment with business objectives.
• Financial Management Reporting – Manage and support the explanation and analysis of quality, timely and accurate routine, cyclic and ad-hoc financial management reports to support decision-making.
• Stakeholder relationship Management – establish collaborative relationships to meet business needs as well as coaching and contributing to business strategy.

Qualifications

• Accounting Degree or CA/CPA Qualified (3 years’ experience including costing experience in Manufacturing a bonus)
• Knowledge of the SAP software system (Financial) is a must, use of PPM, WAVE HFM/Onestream, and Power BI would be a bonus
• Costing experience in a manufacturing environment is essential
• Strong reporting and presentation skills
• Business acumen
• Thorough understanding of cost accounting methods and procedures
• High attention to detail
• Strong verbal and written communication