Business Unit Costing Analyst

We are looking for BU finance is a “tool” for consistent improvement by providing analysis and presenting situation in a clear fashion, with responsibility to reflect the Business Unit’s financial results

Day to Day Activities and Forecast monitoring

Controlling the process of creating the line’s P&L for each voyage and performing forecast updates on a daily basis.
Updating the forecast on a daily basis, comparing and analyzing the gaps between the current forecast vs the previous forecasts.
Provide actual P&L for each voyage including its full analysis
Perform ongoing analysis of the BU financial data to provide significant inputs to improve P&L’s accuracy and the BU results.

Optimizing and controlling BU costs/revenues

Deep analysis and full understanding of cost items – constant monitoring to identify trends & cost improvement opportunities
Standard Cost versions analysis to identify changes that will directly impact the line’s result
Challenge cost items from Operation / Procurement / Logistics / LT. Analyze implications of cost items and to improve cost structure
Analyze cargo mix, to identify potential of revenue increase and improve performance
Improve fixed and variable costs when possible, and identify alternatives to existing items

Budget preparation & monitoring

Preparing the line’s budget
Monitor actual vs. budget / forecast vs. budget analysis of the line, and provide gaps explanation. Raising gaps to the BU management
Accountable for improving forecast and budget processes to improve accuracy and reduce gaps vs. actual

Voyage account (P&L) analysis

Closing all voyages accounts in PA systems, performing interline accounting and working with all relevant units
Work with accounting to track PA vs. accounting gaps
Get inputs of non-manifest income, demurrage, storage and rebates in order to allocate on the line’s P&L

Requirements:

An academic degree in Economics/Business management/ or related fields
Up to 3 years of experience in a similar role
Full control of office tools, Excel in particular
Excellent control of English

Function:
Atlantic & CS Business

Publish in Internal Career Page:
No