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- Tasks: Monitor and control costs to boost efficiency and profitability in a manufacturing setting.
- Company: Join a well-established manufacturing business on The Wirral, working on exciting projects.
- Benefits: Enjoy great holidays, discounts, and CIMA/ACCA study support.
- Why this job: Perfect for those who love business partnering and making a real impact.
- Qualifications: Experience in manufacturing, strong communication skills, and knowledge of cost control required.
- Other info: Work with both local and international stakeholders in a focused team.
Michael Page are working with a strong manufacturing business based on The Wirral who are seeking a Cost Accountant responsible for monitoring and controlling costs to improve efficiency and profitability. If you enjoy business partnering with non-financial people and sharing insights, this is the role for you!
Client Details: Our client are a well-established manufacturing business based on The Wirral. With a small and focused team, this is a great role for those who enjoy controlling costs in a materials led business. This is a typical manufacturing business who are working on some really exciting national and local well-known projects!
Description: The key responsibilities of the Cost Accountant include:
- Tracking and analysing production costs, including materials, labour, and overheads.
- Assisting in preparing cost budgets and financial forecasts.
- Comparing actual costs to budgeted costs and investigating discrepancies.
- Assessing stock levels and ensuring accurate valuation of raw materials, work-in-progress, and finished goods.
- Calculating the cost of manufacturing products to determine pricing and profitability.
- Identifying cost-saving opportunities and improving operational efficiency.
- Preparing cost reports for management to support decision-making.
- Ensuring adherence to cost accounting standards and financial regulations.
Profile: The successful Cost Accountant will have:
- Experience in a manufacturing environment.
- Excellent communication skills, linking products to cost saving.
- Suitably qualified by experience.
- Strong knowledge of cost control, budgeting, and variance analysis.
- Excellent analytical and problem-solving skills.
- Good understanding of stock valuation, standard costing, and financial reporting.
- Ability to interpret and present financial data to management.
- Strong attention to detail and accuracy.
Job Offer: Our client will offer you an exciting role where you can really make your mark, exposure to working with both local and international stakeholders, great benefits, holidays, discounts, and CIMA/ACCA study support if required.
Cost Accountant employer: Michael Page
Contact Detail:
Michael Page Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Accountant
✨Tip Number 1
Familiarise yourself with the specific cost accounting practices used in manufacturing. Understanding how production costs are tracked and analysed will give you an edge during interviews, as you'll be able to speak confidently about relevant processes.
✨Tip Number 2
Network with professionals in the manufacturing sector, especially those who work in cost accounting. Engaging with industry peers can provide insights into the role and may even lead to referrals or recommendations for the position.
✨Tip Number 3
Prepare to discuss your experience in business partnering with non-financial stakeholders. Highlighting your ability to communicate complex financial data in an understandable way will demonstrate your fit for the role.
✨Tip Number 4
Research the company’s recent projects and initiatives. Being knowledgeable about their operations and challenges will allow you to tailor your conversation during interviews, showing that you're genuinely interested in contributing to their success.
We think you need these skills to ace Cost Accountant
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the key responsibilities and required skills for the Cost Accountant position. Tailor your application to highlight how your experience aligns with these requirements.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in a manufacturing environment and your expertise in cost control, budgeting, and variance analysis. Use specific examples to demonstrate your analytical and problem-solving skills.
Showcase Communication Skills: Since the role involves business partnering with non-financial people, make sure to illustrate your excellent communication skills. Provide examples of how you've successfully conveyed financial data to non-financial stakeholders in the past.
Prepare a Strong Cover Letter: Craft a compelling cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Mention your interest in improving operational efficiency and your ability to identify cost-saving opportunities.
How to prepare for a job interview at Michael Page
✨Know Your Numbers
As a Cost Accountant, you'll need to demonstrate your understanding of production costs. Be prepared to discuss specific examples of how you've tracked and analysed costs in previous roles, including materials, labour, and overheads.
✨Showcase Your Communication Skills
Since this role involves business partnering with non-financial people, it's crucial to highlight your ability to communicate complex financial information clearly. Prepare examples of how you've successfully shared insights with stakeholders in the past.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, particularly around cost discrepancies and budgeting. Think of scenarios where you've identified cost-saving opportunities or improved operational efficiency, and be ready to discuss them.
✨Demonstrate Attention to Detail
Accuracy is key in cost accounting. Be prepared to discuss how you ensure precision in your work, especially when it comes to stock valuation and financial reporting. Highlight any tools or methods you use to maintain high standards.
