Cost Analytics Analyst - D365 ERP & Budgeting

Lucy Group; United Kingdom; On-site; GBP 45,000 - 65,000; Full time

Job summary

Lucy Group is seeking a detail‑oriented Business Analyst to join the finance team in the UK. You will analyse production costs, support budgeting processes and deliver accurate financial reporting to drive cost efficiency.

The role requires strong IT skills, practical experience with cost accounting and D365 ERP Finance & Operations, and the ability to collaborate with production, procurement and finance teams to improve cost control.

Qualifications

• Proficiency in cost accounting and budgeting processes.
• Strong analytical, modelling and data presentation skills.
• Experience with cost control and variance analysis.
• Knowledge of manufacturing cost structures and BOMs.
• Familiarity with ERP systems, especially D365.
• Ability to train users on finance IT systems.

Responsibilities

• Analyse production costs and prepare detailed reports to identify cost-saving opportunities.
• Monitor and control manufacturing expenses, ensuring adherence to budgets.
• Assist in the development and maintenance of cost accounting systems and procedures.
• Develop, maintain and train users of D365 ERP Finance & Operations.
• Collaborate with production, procurement, and finance teams to gather relevant data.
• Prepare accurate cost statements, variance analysis, and financial forecasts.
• Prepare and support month-end activities related to cost accounting.
• Prepare and support year end budgeting process in standard costing and related processes
• Derive, process and implement standard costing methods in D365.
• Standard cost management: calculate, establish and annually update standard costs for direct materials, direct labour, and manufacturing overheads.

Skills

Excel

D365

Cost accounting

Analytical skills

Data presentation

Education

CIMA/ACCA desirable

Tools

D365 ERP Finance & Operations

Job description

Lucy Group is seeking a detail‑oriented Business Analyst to join the finance team in the UK. You will analyse production costs, support budgeting processes and deliver accurate financial reporting to drive cost efficiency.

The role requires strong IT skills, practical experience with cost accounting and D365 ERP Finance & Operations, and the ability to collaborate with production, procurement and finance teams to improve cost control.