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Industrial Engineer

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General Details
Advertised By:Agency
Company Name:Executive Placements
Job Type:Full-Time
Description
Job Title: Industrial Engineer Finance (Logistics)
Department: Finance
Reporting To: Finance Manager / Financial Controller / Head of Finance

Job Purpose:

To support the Finance department by analysing operational and financial data within logistics and supply chain operations to improve cost efficiency, productivity, and profitability. The Industrial Engineer will provide data-driven insights, cost models, and operational analysis to support financial decision-making, budgeting, forecasting, and continuous improvement initiatives.

Key Responsibilities:

  • Cost Analysis & Financial Modelling:
    • Analyse logistics operational costs, including transport, warehousing, labour, and equipment.
    • Develop and maintain cost models for logistics operations.
    • Identify cost-saving opportunities and efficiency improvements.
    • Support pricing models, cost-to-serve analysis, and profitability analysis.
    • Assist with budget preparation and financial forecasting.
  • Operational & Financial Performance Analysis:
    • Analyse operational performance and its impact on financial results.
    • Track and report on key financial and operational KPIs.
    • Investigate cost variances and provide root cause analysis.
    • Provide recommendations to improve operational and financial efficiency.
  • Productivity & Efficiency Optimisation:
    • Conduct time and motion studies within warehouse and logistics operations.
    • Evaluate labour productivity, equipment utilisation, and process efficiency.
    • Recommend improvements to reduce operational costs and improve efficiency.
    • Support continuous improvement initiatives aligned with financial goals.
  • Reporting & Data Management:
    • Develop dashboards and reports using tools such as Excel and Power BI.
    • Provide regular financial and operational performance reports to management.
    • Support month-end reporting with operational cost analysis.
    • Ensure the accuracy and integrity of operational and financial data.
  • Budgeting & Forecasting Support:
    • Assist finance with operational budgeting and forecasting.
    • Provide operational input into financial planning.
    • Support scenario modelling and financial impact analysis.
    • Monitor actual performance against budgets and forecasts.
  • Process Improvement:
    • Identify inefficiencies in logistics and financial processes.
    • Support the implementation of process improvements and cost optimisation initiatives.
    • Standardise costing and reporting methodologies.
    • Support automation and digitisation of reporting processes.

Minimum Qualifi

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Executive Placements
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