Operations Finance Analyst

Independent Forgings and Alloys Ltd (IFA) continues to invest and grow. We are looking to add to our Finance team.

Hours of work
:
Monday to Thursday 08:15–16:30, Friday 08:15–16:00 (37 hours).
Employment type
:
Permanent, full‑time.

Position
:
Operations Finance Analyst.

Main Purpose of the Role

Prepare and deliver operational financial reports, dashboards and KPIs; analyse production, procurement, inventory and supply‑chain costs; monitor performance against budgets and forecasts; investigate variances; support month‑end close activities including accruals and cost allocations.

Main Duties Of

The Role Include Cost Control & Process Improvement

• Identify and monitor cost‑saving opportunities, supporting continuous improvement initiatives with financial analysis.
• Improve data accuracy, reporting tools and analytical processes.

Operations Support & Decision‑Making

• Partner with commercial, manufacturing and quality teams to evaluate performance and conduct root‑cause analysis.
• Deliver ROI analysis for capital expenditure and productivity initiatives, providing insight into pricing, product costs and throughput optimisation.

Budgeting, Forecasting & Planning

• Support annual budgets and forecasts through financial modelling of operating scenarios, cost trends and capacity planning.
• Track and forecast key cost drivers including labour, materials, overheads and inventory.

Cross‑Functional Collaboration

• Work closely with finance, operations, procurement and supply‑chain teams.
• Communicate financial insights to finance and non‑finance stakeholders and support ERP or reporting system enhancements.

Your background should include Essential

• Minimum two years experience in operations finance, cost analysis, financial planning, ideally within manufacturing.
• Advanced Excel and data modelling capabilities, including pivot tables, forecasting models and macros.
• Strong analytical and cost‑modelling skills to support data‑driven decision making.
• Hands‑on experience with ERP systems, such as SAP, Oracle or Net Suite.
• Working knowledge of BI tools e.g. Power BI, Tableau etc.
• Excellent communication and presentation skills, with a proactive problem‑solving approach and strong commercial awareness.

Desirable

• Studying towards CIMA/ACCA (or equivalent).
• Exposure to the heavy metals industry.
• Experience supporting budgeting and forecasting activities.

About Independent Forgings

Independent Forgings and Alloys (IFA) is one of Britain’s leading independent aerospace and industrial forgers. We combine open and closed‑die forging and undertake the whole production process from raw material to the finished product in one location. Operating from a 680 000 ft² facility in Sheffield, we manufacture high‑integrity open‑die and closed‑die forged components in nickel alloy, titanium, stainless steel and carbon alloys for customers and tier‑one suppliers within the aerospace, nuclear, power generation, marine and oil and gas sectors.

Why

work for us?

At IFA we pride ourselves on being a great place to work. As one of the UK’s leading forge manufacturing companies we want to ensure that we attract, motivate and retain the best people who can deliver the best service to the company and our customers.

We Offer You

• 33 days holiday, including bank holidays.
• Pension scheme – 5% employer contribution.
• Bonus scheme linked to team and company performance.
• Westfield cash plan – health cash plan with discounts and special offers (gym, online, high street, grocery retailers).
• Wellhub access to various fitness apps and gyms in the local area.
• Free work wear and PPE.
• Development opportunities to progress your career.

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