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- Tasks: Become the go-to expert for standard costing and manage financial efficiency.
- Company: Join Scott Bader, a pioneering employee-owned manufacturer with a century of innovation.
- Benefits: Enjoy competitive salary, bonus schemes, enhanced pension, private medical insurance, and 25 days leave.
- Why this job: Make an impact in a supportive culture that values social purpose and teamwork.
- Qualifications: Part or newly qualified Management Accountant (CIMA/ACCA) with strong analytical skills.
- Other info: Work in a beautiful countryside location with perks like an onsite pool and volunteering days.
The predicted salary is between 36000 - 60000 £ per year.
As our new Management Accountant, you will be the UK subject matter expert on standard costing. You will ensure that the UK business maintains up-to-date standard costs, with full reporting, analysis, and understanding of variances. You will also support the UK Controller and key stakeholders in managing operational spend and forecasting. In addition, you will assist with various ad hoc projects and tasks as required, contributing to the overall financial efficiency and strategic decision-making of the business.
Some of your key responsibilities:
- Act as the subject matter expert for UK standard costing, ensuring accurate and up-to-date cost management.
- Manage monthly updates for raw material pricing and annual/exceptional updates for other cost elements.
- Conduct daily/weekly reviews of manufacturing and stock variances, identifying root causes and implementing necessary actions to maintain cost accuracy.
- Support the month-end close process and account reconciliations as needed.
- Maintain the ERP system for manufacturing orders and other transactions.
What do I need to be successful in this role?
- Part or newly qualified Management Accountant (CIMA/ACCA)
- Strong understanding of standard costing principles.
- Ability to review, interpret, and analyze data to produce meaningful insights.
- An eye for detail and problem-solving skills.
What’s in it for me?
- A competitive salary alongside inclusion into our company bonus scheme.
- Enhanced employer pension contribution whereby Scott Bader will contribute a maximum of 2x your contribution, up to a maximum of 10%.
- Private medical insurance alongside a host of further discounts and employee benefit schemes.
- 25 days annual leave entitlement plus Bank Holidays – We also offer the opportunity to purchase an additional 5 day’s annual leave.
- We offer all our employees one full day per year to complete volunteering work of your choice which is fully paid.
- If you are thinking about fundraising for your favourite charity or local community event, we will happily match the funds that you have raised up to a maximum of £1000 in any one year.
Our Head Office sits within 44 acres of Northamptonshire countryside, nestled within the village of Wollaston. Access to free onsite car parking, electric car charging points, discounted cafeteria and even an onsite swimming pool.
Who are Scott Bader?
Scott Bader is an employee-owned global manufacturer of advanced composites, structural adhesives and functional polymers. Established in 1921, we have a century of expertise in manufacturing high-quality, innovative products for a variety of markets around the world. Scott Bader now employs 800 people across 7 manufacturing sites and 18 offices worldwide.
We are committed to expanding our global reach, with recent ventures including North America, India, Japan and Australia, while continuing to build on our reputation for innovation, outstanding quality and technical expertise.
Scott Bader is different to most other companies. Our business is based on the simple principle of maintaining a balance between our social purpose and business needs. In 1951 we became the first UK company to hold a Common Ownership Certificate when the Bader family handed over their shares to The Scott Bader Commonwealth Limited – in simple terms, this means that Scott Bader colleagues own and are responsible for the success and overall wellbeing of the company.
Diversity & Inclusion
Our aim is to create an environment that is welcoming to all people, and ensures we treat each other and customers with respect. We appreciate different and fresh ways of thinking, encouraging innovation where colleagues feel they can express their views freely, and create a working atmosphere in which everyone is able to deliver a high-quality service.
Management Accountant employer: Scott Bader
Contact Detail:
Scott Bader Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Accountant
✨Tip Number 1
Familiarise yourself with standard costing principles and practices. Since this role requires you to be the subject matter expert, having a solid grasp of these concepts will not only boost your confidence but also help you engage in meaningful discussions during the interview.
✨Tip Number 2
Brush up on your analytical skills by practising data interpretation and variance analysis. Being able to demonstrate your ability to review and analyse financial data effectively will set you apart from other candidates.
✨Tip Number 3
Network with professionals in the accounting field, especially those who have experience in management accounting or standard costing. This can provide you with valuable insights and potentially lead to referrals that could enhance your application.
✨Tip Number 4
Prepare to discuss your problem-solving approach in detail. Given the emphasis on identifying root causes of variances, being ready to share specific examples of how you've tackled similar challenges in the past will demonstrate your suitability for the role.
We think you need these skills to ace Management Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience and skills relevant to the Management Accountant role. Emphasise your understanding of standard costing principles and any relevant qualifications like CIMA or ACCA.
Craft a Strong Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific examples of how you've managed cost accuracy, conducted variance analysis, or supported financial decision-making in previous roles.
Highlight Relevant Experience: In your application, focus on your experience with ERP systems, monthly updates for raw material pricing, and any ad hoc projects you've contributed to. This will demonstrate your ability to handle the responsibilities outlined in the job description.
Showcase Problem-Solving Skills: Provide examples of how you've identified root causes of variances and implemented solutions in past positions. This will illustrate your analytical skills and attention to detail, which are crucial for this role.
How to prepare for a job interview at Scott Bader
✨Understand Standard Costing Principles
Make sure you have a solid grasp of standard costing principles, as this role requires you to be the subject matter expert. Brush up on your knowledge and be prepared to discuss how you've applied these principles in previous roles.
✨Prepare for Data Analysis Questions
Since the job involves reviewing and interpreting data, expect questions that assess your analytical skills. Be ready to provide examples of how you've used data to produce insights and drive decision-making in past positions.
✨Showcase Your Problem-Solving Skills
The role requires an eye for detail and strong problem-solving abilities. Prepare to discuss specific challenges you've faced in cost management or variance analysis and how you resolved them effectively.
✨Familiarise Yourself with ERP Systems
As you'll be maintaining the ERP system for manufacturing orders, it's beneficial to have experience with such systems. If you have worked with any ERP software before, be ready to talk about your experience and how it can benefit the company.
