Operations Finance Analyst

The Operations Finance Analyst role will serve as the finance business partner providing support to Group HQ finance and Supply Chain Distribution team by ensuring accuracy of reported costs and gathering & analyzing data in the area of warehousing & supply chain activities to indicate trends and outcomes for actions to be taken to drive desired results.

What can we expect from you:
• Assisting in monthly and quarterly reporting.
• Supporting the product costing process, distribution & transportation spend analysis, inventory management, internal controls and financial reporting.
• This is a dynamic hands-on role requiring successful candidates to demonstrate critical thinking, dealing with ambiguity and the ability to succeed in fast-paced environments.
• Proposing corrective actions and driving the execution.

Month/Quarter End Close and Reporting
• Preparing the monthly 3PL accruals and allocation of 3PL costs across Europe.
• Preparing the quarterly excess and obsolete stock provision calculations for Europe.
• Coordinating with AP, Finance Analysts and Finance Managers on operations finance queries.
• Analyzing COGS and Distribution and Transportation costs to ensure they are complete and correct before GL close.
• Preparing the monthly European Distribution and Transportation (D&T) spend and variances report.
• Assist with investigating variances in COGS and PPV.
• Preparing the monthly inventory reconciliation for Europe including providing explanations for variances above materiality threshold.
• Reviewing the inventory month end file prepared by Logistics and verifying significant items as required.
• Completing reconciliations across multiple systems, identifying and resolving any differences.
• Assisting with any other monthly, quarterly, and annual accounting, reporting and analysis requirements.
• Supporting other finance team members as and when required
Projects and other activities
• Assisting with bi-annual D&T analysis by market for total Europe and preparing supporting analysis including bridge across periods and between GL and operational invoicing.
• Summarizing 3PL invoice files into a combined 3PL data file.
• Work with Supply Chain teams to investigate and implement cost savings opportunities in cost-to-serve.
• Assisting with developing Variable Warehousing Cost-to-serve tools.
• Testing and validating changes to standard costing and COGS account assignment.
• Providing support on COGS accounting projects and on the implementation of COPA.
• Assisting with global and European ad-hoc projects and tasks as required.
• Attend annual inventory counts at 3PL locations as required.
• Provide support for the annual inventory count process including preparation and reconciliation activities.
• Perform weekly FSDU costing checks and escalate as needed to resolve issues.
• Perform monthly review of standard costing across European warehouses to identify unusual discrepancies, investigate anomalies and potential errors in costs including escalation to global stakeholders for resolution.
• Assist in analyzing the performance and identifying cost savings / optimization opportunities for plant manufacturing.
• Provide support during internal and external audits.