Financial Analyst
4 days ago
Empowering a Global Business
The British American Tobacco Group is seeking an experienced Operations Finance Analyst to join our finance team. This role will play a key part in supporting the financial operations of our business by tracking and analysing cost of sales, reconciling inventory records, reviewing budgets, and assisting in achieving financial targets.
This position requires a detail-oriented individual with strong analytical skills, excellent communication abilities, and a deep understanding of cost accounting principles. The successful candidate will have experience working with financial systems and ERP software, preferably SAP or Oracle.
Main Responsibilities:
Cost of Sales Analysis and Reporting:
- Monitor and track cost of sales on a monthly, quarterly, and annual basis.
- Ensure accurate capture of all cost components, including direct labor, materials, and overhead.
- Collaborate with operations, supply chain, and procurement teams to gather data and understand cost fluctuations.
- Prepare reports for management review and provide actionable insights to improve cost management and efficiency.
Inventory Management and Reconciliation:
- Perform monthly reconciliations of physical inventory against system records.
- Investigate and resolve inventory discrepancies in a timely manner.
- Work closely with finance and operations teams to ensure accurate inventory valuation and alignment with financial reporting requirements.
- Analyse inventory trends and performance metrics to recommend actions improving efficiency, reducing costs, and enhancing stock control.
Budget Review and Collaboration:
- Monitor ongoing financial performance against approved budgets, tracking variances and providing detailed reports.
- Conduct regular budget reviews, highlighting significant deviations and working with stakeholders to address discrepancies.
- Prepare variance reports explaining causes of discrepancies and suggesting corrective actions.
- Assist in adjusting forecasts based on operational changes or market conditions.
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