Finance Business Partner | Peak Scientific

The Company

Peak Scientific is a leading innovator in the design, manufacture and support of high performance gas generators for analytical laboratories. Established in the UK in 1997 near Glasgow (Scotland), where its corporate Headquarters, and high-tech manufacturing and R&D facilities reside, Peak Scientific boasts a significant local presence on every continent – including major operations in North America, China, and India..

A new role for Peak has been created as a dedicated business partner in place to support the manufacturing operations and joining the COO’s management team. The operational departments have a significant cost base of c.£12m (incl R&D) and the business requires a strong finance person to support the team and COO in delivering its business objectives. Clearly identifying manufacturing efficiencies and supply chain synergies with the team will be a key element of the role. The role will be UK based, however may require a small element of overseas travel to assess other areas of manufacturing best practice.

The role

Job Title: Finance Business Partner

Reports to: COO

Main Duties & Responsibilities:

• Strong business partner to the COO and their team
• Working within a fast-paced operational team and identifying cost drivers and efficiencies
• Preparation and delivery of monthly management reporting packs inclusive of provision of quality in-depth insight and analysis
• Presenting those month end reports with the team and agreeing key actions to expedite on a timely manner
• Development of the manufacturing P&L reporting
• Be the key finance representative on any new product development projects, including presenting financial summaries at various project Stage Gate meetings
• Lead the group’s cost initiatives and agree those priorities with the COO
• Support the budget cost centre owners with analysis and insight
• Work with the supply chain and logistics team to review synergies and cost efficiencies
• Create a compliance risk matrix for Operations including HMRC requirements, monitor the risks and take actions as appropriate
• Supporting variance and inventory analysis and assisting with physical inventories and cycle counts
• Understanding manufacturing spend areas and its impact on stock levels and working capital balances and taking decisive actions to maximise cash
• Providing financial support to the operational team, including providing financial advice and support in terms of budgeting, potential cost savings, day to day spend requirements, periodic performance against forecast and ad hoc advice

The Individual

A summary of the key candidate requirements are as follows:

• Qualified Accountant
• Excellent interpersonal, communication and presentation skills
• Attention to detail and accuracy
• Proactive/Self-Starter with the initiative to drive things forward
• Strong team player who has the skills to work across different cultures and personality styles
• Highly motivated with a delivery focus and the ability to balance conflicting requirements
• Adaptable to business change and a fast-paced environment with a growth agenda

Experience

• Experience in a manufacturing environment would be a distinct advantage
• Working in a product costing environment and understanding the key drivers
• Awareness of key drivers of under and over absorption of labour and overhead
• Experience of producing good quality management reporting packs with in-depth insight and analysis
• Experience in budget processes
• Proven track record of challenging existing processes and implementing more efficient and effective procedures
• Knowledge and working experience of ERP systems
• Experience of working with SAP Business One would be beneficial

Package & Rewards

Salary: £Competitive + Annual Bonus

To find out more on remuneration, the role or to see a full Position Profile, please contact their retained advisor, Jonathan Donnelly at Rutherford Cross by emailing jonathandonnelly@rutherfordcross.com