Financial Analyst Spinning Operations
5 days ago
About the Role:
We are seeking a highly skilled Financial Analyst to join our team at Artistic Milliners. In this role, you will be responsible for conducting thorough financial analysis and preparing accurate budget forecasts for spinning operations.
Key Responsibilities:
- Assist in the preparation of annual and monthly budget forecasts, including cost center-wise breakdowns and machine performance analysis.
- Conduct activity-based costing for spinning processes to optimize resource allocation and minimize costs.
- Examine direct and indirect production costs to implement effective cost control measures and improve overall efficiency.
- Analyze cost distribution across yarn families, including Open-End and Ring Spinning, to inform business decisions and drive growth.
- Calculate yarn-wise raw material requirements and review overhead costs to ensure accuracy and transparency.
- Prepare quarterly, semi-annual, and annual budget presentations for senior management to ensure timely and accurate information.
Requirements:
- Bachelor's degree in Accounting, Finance, or a related field.
- 1-3 years of experience in costing, budgeting, and financial analysis, preferably within the Textile & Spinning industry.
- Mandatory experience with Oracle E-Business Suite (EBS) and proficiency in Microsoft Excel and Advanced ERP systems.
Benefits:
- Competitive salary and benefits package.
- Opportunities for professional growth and development.
- Collaborative and dynamic work environment.
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