Manufacturing Finance Analyst

Manufacturing Finance Analyst

As a Finance Analyst (Manufacturing), you will be a key member of the Manufacturing Finance function, providing value-added financial analysis and strategic decision support to manufacturing leaders. This role requires a solid understanding of manufacturing processes and cost structures, particularly standard cost creation and variance analysis. You will act as a business partner to drive financial performance, process efficiency, and cost transparency across the organization.

Key Responsibilities

• Conduct in-depth financial and operational analysis focused on manufacturing performance, cost structures, and variances.
• Provide actionable financial insights and recommendations to support operational and strategic decisions in a manufacturing environment.
• Ensure accurate standard cost setting and regular updates based on production and procurement inputs.
• Analyze production cost variances and drive understanding of their root causes with operations and supply chain teams.
• Collaborate cross-functionally to support continuous improvement initiatives, operational efficiency, and cost control.
• Track financial performance against targets, prepare forecasts, and highlight risks and opportunities.
• Develop, improve, and maintain dashboards and reports to communicate key manufacturing and financial KPIs.
• Support the Operations Leadership Team with structured and timely financial updates and recommendations.
• Lead and coordinate budgeting, forecasting, and long-range planning processes for manufacturing-related functions.
• Collaborate with accountants, cost controllers, and operations teams to ensure accurate reporting and compliance.
• Drive improvements in financial systems, tools, and processes to enhance efficiency and data integrity.

Qualification

• Minimum 3 years of experience in a finance role within a manufacturing environment.
• Strong understanding of manufacturing processes and standard cost creation, including setting, analyzing, and managing standard costs.
• Experience with cost variance analysis, budgeting, forecasting, and financial modeling specific to production and operations.
• Hands-on experience working with ERP systems (SAP, Oracle, etc.) and consolidating data from multiple sources.
• Proficiency in preparing and presenting manufacturing-focused financial reports and insights.
• Strong communication and stakeholder management skills; ability to partner with manufacturing, supply chain, and finance teams.
• Experience with Power BI or similar data visualization tools is a plus.