Finance Business Partner - Power Device UK Ltd

Power Device UK Ltd; Ryde; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a dynamic Finance Business Partner to enhance cost understanding and performance improvement across departments. In this pivotal role, you will collaborate with the Head of Finance to deliver budgets, management accounts, and statutory returns. Your expertise in Excel and process improvement will drive impactful financial strategies while ensuring compliance and productivity savings. This role offers a unique opportunity to contribute to a forward-thinking team, where your insights will shape financial decision-making and support the company's growth trajectory. If you are a self-starter with a manufacturing background and a passion for finance, this position is perfect for you.

Qualifications

• Recognised Accountancy Qualification or close to achieving qualification.
• Strong Excel, process improvement, and performance management skills.

Responsibilities

• Collaborate to produce budgets and forecasts.
• Manage month-end close process and prepare monthly cost reports.
• Liaise with auditors and ensure compliance.

Skills

Excel

Process Improvement

Performance Management

Effective Communication

Self-starter

Manufacturing Background

Multitasking

Understanding of ERP Systems

Education

Recognised Accountancy Qualification

Job description

We are seeking a dynamic Finance Business Partner to join our team at Power Device UK Ltd. As a key business partner to all department team leads, you will drive cost understanding and performance improvement within the business. You will support the Head of Finance in delivering budgets, management accounts, and statutory returns.

Key Responsibilities:

·Collaborate with the Head of Finance and department team leads to produce budgets and forecasts.

·Manage the month-end close process, including preparation of balance sheet reconciliations and revenue recognition.

·Prepare monthly cost reports and work with team leads to identify cost-saving opportunities.

·Monitor spend against the capex budget, ensuring compliance and productivity savings.

·Prepare monthly company-wide management accounts and forecasts.

·Liaise with auditors and external advisers, delivering audit information within deadlines.

·Review costings to maintain operational and financial accuracy.

·Track project expenditure against budget and milestones to ensure revenue recognition aligns with policy.

·Identify new reports needed to support the business and update key data sets in EFACS.

·Participate in project work and ad-hoc requests as required.

Knowledge, Skills, and Experience Required:

·Essential:

·Recognised Accountancy Qualification or close to achieving qualification.

·Strong Excel, process improvement, and performance management skills.

·Effective communication with non-finance stakeholders.

·Self-starter with forward-thinking abilities.

·Manufacturing background.

·Ability to manage multiple tasks, deadlines, and changing priorities.

·Understanding of ERP systems.

·Desirable:

·Experience with foreign currency transactions and exposure management.

·Sarbanes-Oxley exposure.