Ref
3
Department
Finance
Location
Lutterworth, UK
Employment type
Full-time
Salary
35,000 - 45,000 dependant on experience
Closing date
10/01/2025
Description

ABOUT US

Currently our finance team are based within Bedfordshire, the department will be relocating and integrating into the production site based at Lutterworth and at ESCATEC, we don’t just build great products for our customers; we also build great careers. If you’re curious, passionate, innovative, and adventurous, you could make an impact. Our goal is to empower our people to carve their own careers and achieve their true potential. As proponents of internal development, it’s our mission to create an environment where employees can flourish creatively and professionally—whatever their passion may be.

JOB RESPONSIBILITIES

•  Periodic analysis of product margin deviation versus budget/quotation/financial targets and
work closely with Key Account Managers to drive margins improvements activities.
• Monitoring and executing of ad-hoc and quarterly mass standards costs updates to ensure
accurate bill of materials and labour overhead cost rollup for transactions processing and
decision making.
• Monthly cost centre cost variance analysis and work with cost centre costs owner to understand
costs behaviours and to improve company’s performance through various cost control measures.
• Monthly inventory reporting and analysis, reconciliation between inventory accounts in the
General Ledger and the inventory details reports.
• Monitoring of aging inventories and ensure adequate provision coverage.
• Clearly understand the contractual obligations relating to material exposure and periodic review
of E&WRQ materials exposure together with Key Account Managers to ensure material are taken
over by customers according to the agreed contractual terms.
• Periodic review of E&WRQ provision to comply with ESCAccounts requirement.
• Produce and analyse certain parts of the monthly reports (MIR & CMM) and all other reports
required from the company management and the corporate management from time to time.
• Meets the require deadlines and produce meaningful and user-friendly reports problem-solving
effectively support management decision making.
• Active involvement in the annual budgeting and quarterly forecasting process according to
corporate guidelines and timelines.
• Coordinate month end accruals to accounting.
• Any other tasks to be assigned by the section leads.

JOB REQUIREMENTS 
• Preferably diploma in accounting, finance or related field
• Strong analytical and problem-solving skills
• Excellent communication and presentation skills
• Thorough understanding of accounting principles and budgeting procedure
• Ability to communicate effectively with support groups & other departments
• Must have at least 1 year of knowledge