About Us
WuXi Biologics is a world-class biologics services provider with global clients in the biopharmaceutical and healthcare industries.
Job Description
We are seeking an experienced Financial Analyst to join our team. As a Financial Analyst, you will be reporting directly into the Financial Planning & Analysis Associate Director.
Responsibilities
* Assist in preparation of financial budgets and forecasts.
* Review of actual costs vs budget as part of month end close process and allocation of labour and overhead to production costs.
* Assist in preparation of monthly reporting packs to budget owners, plant leadership and HQ finance with astute commentary, analysis, and identified actions.
* Drive cost centre owners to deliver actual spend under budgets whether by process improvements or direct cost reductions; and assist in the implementation of solutions that will fuel the growth and profitability of the site.
* Partner with key stakeholders to identify and drive productivity opportunities and to disseminate operational metrics to drive financial performance.
* Prepare monthly reconciliation of inventory including preparation of inventory reserves and write-off analysis partnering with supply chain and manufacturing.
* Perform monthly Cost of Goods Sold (COGS) analysis including review of manufacturing production orders.
* Maintain and follow harmonized costing procedures; evaluating yields, scrap, and manufacturing variances on a monthly basis; monitoring BOMs, Routings, and material master data for accuracy.
* Oversee site cycle counting programs ensuring a high standard of inventory control; lead the team in analysis of inventory variances and the deployment of relevant action plans.
* Work with capital project controllers to report actual spend, committed spend, and forecast to complete against budgets as well as providing timely and accurate data in support of cashflow management processes.
* Assist in providing financial support for investment decision making on new technologies, capital purchases, operational efficiency projects, and other special requests.
* Support the Lean Finance approach and contribute continuous improvement recommendations on process improvements. Support implementation of automation and digitalisation systems.