Financial Analyst

As Financial Analyst, you will be reporting directly into the Financial Planning & Analysis Associate Director.
Organization Description
WuXi Biologics is a premier provider of biologics services (from discovery to commercialization) with global customers in the biopharmaceutical and healthcare industries. We´re one of the world's top three contract development and manufacturing companies for biopharmaceuticals, we provide our clients with a world-leading open access technology platform. We enable our clients to research, develop and manufacture drugs from the concept phase to commercial manufacturing.
Our mission is to accelerate and transform discovery, development, and manufacturing in the rapidly growing field of biologics to benefit patients worldwide. We have sites/offices in China, the US, the EU, Asia and Israel. We currently employ over 10,000 people and provide services to more than 600 customers worldwide, including the top 20 biopharmaceutical companies.
Department Description
This is a business partnering role to the Biologics operational leadership teams and is expected to add value to operational decision making. It covers multiple financial areas around financial planning & analysis, Cost centre controlling and inventory reporting as well as supporting monthly financial close processes, reporting of results and other key performance metrics.
Your Responsibilities
In this role, you will be responsible for the following:
Budgeting, Forecasting and Cost Controlling:
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.
Production Cost and Inventory management:
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.
Capital Cost Controlling:
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.
Finance Process and System improvement
Support the “Lean Finance” approach and contribute continuous improvement recommendations on process improvements.
Support implementation of automation and digitalisation systems.
Your Profile
The ideal candidate for this position, will have the following:
Knowledge/Experience
3 - 5+ years of progressive experience within a manufacturing environment is preferable, performing duties within FP&A, product costing, general ledger and operational analyses.
Experience working in a finance function of a multinational manufacturing environment is preferable.
Strong working knowledge of SAP FICO is essential.
Excellent skills in Excel and PowerPoint, with working knowledge of Power BI and Hyperion systems an advantage.
Strong numeracy skills and attention to detail.
Analytically minded, with proven ability to own and solve problems and to understand the bigger picture (i.e. impacts across the business, etc.).
Ability to collaborate with and influence a variety of personnel across the organization.
Qualifications
A degree in Business, Accounting , or Finance (or other relevant/equivalent qualification) is essential.
Qualified ACA/ACCA/CPA/CIMA (or other relevant/equivalent qualification) is essential.
As we extend our global reach, we need colleagues interested in change, in challenge, and in building a new future together. Reach beyond yourself and discover your true potential
If you have the ability to thrive in a dynamic and fast-paced environment and feel that the moment has come for you to be part of such an exciting journey towards accomplishing our vision - Any drug can be made, and any disease can be treated - don’t miss out on this opportunity to join us and reach beyond yourself and discover your true potential.
WuXi Biologics is an equal opportunities employer.

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