Site Financial Controller – Worcester

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Job Detail

  • Proposed Salary Attractive Remuneration
  • Career Level Staff
  • Experience 3 Years
  • Gender Any
  • Industry Aviation
  • Qualifications Bachelor's Degree
  • Email

Job Description

OVERALL PURPOSE OF JOB
Worcester site is a key flagship site for Aeromet International Limited. It manufactures aluminium and fully finished, assembly ready cast parts for a blue‐chip customer base, including Boeing.
Reporting to the Worcester Site Managing Director, the Worcester Site Controller is responsible for accounting and controlling aspects of Worcester site, maintaining the overall integrity of its financial numbers. The Site controller will provide accurate cost information and analysis of entire site manufacturing operations, including KPIs and trends, to enable an efficient management decision making process with respect to the manufacturing and supply chain operations based out of Worcester. The Site Controller will have a strong dotted line to the Group Financial controller and will be responsible for maintaining Governance and Integrity of numbers to the highest standards.

KEY ACCOUNTABILITIES
Accounting and Support
The Site controller is responsible for ensuring accurate accounting and reporting for Worcester site, covering

  • Management of Financial and General accounting for Worcester site’s operations
  • Management of Site Accounts Payable covering supplier interface and Group Banking and payments team
  • Management of Manufacturing cost accounting and costing function, including review of standards and monthly reporting against standards
  • Monthly reporting of standards (Material, Sub Con, Direct Labour, Overheads and Burden) by
    product with over / under absorption reporting
  • Analysis of direct material spend and key variances mapped against standards by each product on a monthly basis for senior management reporting
  • Full reconciliation of UK stocks & WIP
  • Providing summary and detail stock reports by product, segment and business on a monthly basis
  • Month end and Financial reportingThe site controller will work with the Group finance functions and internal customers in providing required reporting information including –
    • Timely completion of books in adherence with Group’s financial close calendar, ensuring all entries are complete including Monthly / Periodic Accruals, Upload of Monthly payrolls and Supplier Invoice entries and controls
    • Review of Sales invoices upload from Aventa to Sage 1
  • Preparation and issue of Monthly group reports as per Group Timetable

Preparation of monthly Site MIS pack, as required by Group, covering current and new periodicreports & analyses supported by commentary re underlying trends and cost performance during the current financial year

Costing and Reporting for Variable cost spend & shop floor variances

The Site controller will lead costing for Worcester operations, ensuring accuracy of rates and providing appropriate reports on a timely basis, to various internal customers including

  • Monthly valuation of Site WIP and ownership of its accuracy
  • Analysis of variable cost spend by key materials on a weekly, monthly and annual basis
  • Monthly reconciliation and reporting of cost of Goods with variances split by Usage, Price andEfficiencies.
  • Analysis of other variable cost spend by various products on a weekly, monthly and annual basis
  • Identifying key production and other shop floor variances and providing suitable explanation to the sevariances in weekly, monthly and annual reports
  • Identifying over and under absorption of labour costs on a monthly basis and recommending corrective actions in order to ensure site product costing reflects an accurate picture
  • Reporting for scrap by product on a weekly, monthly and annual basis

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