Sr Business Partner I, Finance - Taldeen Job

An exciting opportunity is available for Business Partner, Finance Reports to, Manager, Finance BP – Plastics located in Hail.  

Job purpose:

To support business with costing of products, releasing of standard cost estimates running monthly closing cycles, reviewing postings, standard costing and pricing; and prepare periodic COPA and monthly reports.

Role responsibilities:

• Sets up, reviews and updates periodically the costing system of the company ensuring that a prudent system of costing is in place which adequately captures all aspects of costs associated with a product for purpose of valuing finished goods and WIP and releasing of monthly standard cost estimates.
• Manages day-to-day finance support to BU ensuring active management and oversight of the BU P&L.
• Deliver timely financial analytics and business counsel to effectively measure business performance.
• Support an efficient and effective long-term planning, forecasting and analysis processes that produces accurate, achievable plans and forecasts that align with business’s strategic objectives.
• Ensure effective communication between the BU and corporate functions on all finance-related questions.
• Plans, collects data and analyses effect of changes in product design, activities, specs, manufacturing methods or services and ensures that this is adequately reflected in the standard costing system.
• Reviews closing cost center costs and production costs and runs the monthly closing cycles within the required timeline.
• Reviews variances of actual against standard cost and initiates rectifying action by preparing exception reports for attention of the Finance Manager and relevant departments.
• Ensures that all the COPA postings are reconciled with the final income statements.
• Monitors - accuracy of inventory costing; reconciliation of physical quantities against book balances and reconciliation of inventory module balance against GL inventory value.
• Provides reports analyzing negative contribution products and advises on adequacy of pricing policies.

Any other assignment given from time to time by the Management

Qualification and Requirements:

• +3 years’ experience in Finance Business Partner or other relevant fields.
• Bachelor’s Degree in Accounting or Finance.

Skills: 

• Experience in Microsoft office.
• Excellent in English.
• Analytical interpretation of accounts.
• Good communication and reporting skills.