Morgan Advanced Materials is a business rich in history and innovation. Founded in the UK in 1856, we have grown into a global organisation with 70 sites in 18 countries. Our model to serve our customers where they need us has led to a diversified product range using our unparalleled expertise in ceramic and carbon materials, which we exploit to solve difficult problems for our customers across a diverse range of markets.
We are a purpose driven organisation. Our purpose is to use advanced materials to make the world more sustainable and to improve the quality of life. We deliver on that purpose through the products that we make, and the way that we make them.
The Thermal Ceramics division designs, manufactures and installs a broad range of thermal insulation products that significantly reduce energy consumption and emissions in a variety of high temperature processing applications. Our product offering is extensive and covers application needs from Industrial to Commercial markets.
Key Figures: Revenue £1,100.7m (2024), ~8,000 employees, manufacturing in 20+ countries, and a global customer portfolio. A UK PLC with head office located in Windsor, Berkshire UK. Listed on London Stock Exchange; Member of the FTSE 250 Index.
Morgan Advanced Materials is an Equal Opportunity Employer. We are committed to creating an inclusive environment for all employees and applicants. We do not discriminate based on race, religion, gender, sexual orientation, gender identity, age, disability, national origin, veteran status, or any other legally protected status. I
Ensure the reliability and accuracy of manufacturing and purchase costs, which serve as the basis for sales price setting and management decision-making.
Supervise inventory valuation and inventory control through the execution of physical inventory counts and the monthly preparation of inventory movement estimates.
Generate and analyze Production Variances to monitor efficiency and performance within manufacturing processes.
Determine the monthly inventory valuation to ensure accuracy in financial reporting.
Create and maintain item codes in the system, including the assignment of product families for corporate reporting and tax compliance purposes.
Calculate and monitor provisions for obsolete inventory, supporting actions to control and reduce obsolescence.
Determine the cost of products entering inventory, based on the costing system, purchase-related expenses, and manufacturing cost components.
Coordinate periodic updates of production costs to reflect operational changes.
Audit bills of materials (BOMs) to ensure the reliability and accuracy of production costs.
Analyze, review, and report production cost variances versus standard costs, working closely with the Production team to address deviations.
Supervise the accurate recording of inventory-related purchase invoices, import documentation (customs entries), and customs broker expense accounts.
Execute the accounting close process for production orders in alignment with monthly closing activities.
Prepare the Company’s Cost of Production and Cost of Sales statement.
Prepare accounting closing journal entries, including cost variances, shipments, reclassifications, and provisions.
Support cost-saving initiatives through the preparation and analysis of manufacturing cost reports.
Coordinate cyclical and annual physical inventory counts to ensure inventory accuracy.
Record and validate invoices related to domestic freight costs.
Perform weekly estimates of inventory movements, including purchases, sales, and production activities.
Monitor raw material consumption by cost and quantity to support PRIMO savings initiatives.
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