Financial Cost Analyst

Job Overview We are seeking a detail oriented and analytical Financial Cost Analyst to join our clients' finance team. The successful candidate will be responsible for maintaining the cost accounting system, monitoring variances through regular reporting and ensuring the business maintains robust costing records providing accurate margin information to inform pricing decisions and maximise profit opportunities. This role will be reporting directly to the Chief Financial Officer but maintaining close relationships with Sales, Production and Supply Chain functions at all clients' sites (both in UK and overseas) Responsibilities Establish and maintain the standard costs of products, including internally manufactured and externally purchased parts Ensure the accuracy of all standard costs within the D365 ERP system and for stock valuations prepared in accordance with UK accounting requirements Lead annual standard cost evaluation process, including calculations of direct labour rates and indirect overhead recovery rate in the ERP system Ensure that Bills of Materials and labour routings are maintained accurately within D365, working with the production team to ensure accurate timings are in place for all activities Preparation of all variance reporting (Purchase Price Variance, productions/industrial variances reporting etc) and also provide suggestions ...