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For Companies At a Glance
- Tasks: Prepare product cost analysis and drive analytics for cost reduction.
- Company: Join a successful, growing business in Wythenshawe with a strong reputation.
- Benefits: Enjoy a salary up to £36,000, study support, free parking, and social events.
- Why this job: Gain valuable experience with opportunities for career progression and professional development.
- Qualifications: CIMA/ACCA part-qualified or experienced, with strong analytical and communication skills.
- Other info: Work closely with finance teams and contribute to impactful projects.
The predicted salary is between 28800 - 43200 £ per year.
Exciting opportunity to join a successful and growing business based in Wythenshawe as Cost Accountant. This role will offer a salary up to £36,000 depending on experience.
Client Details
Michael Page are working with a well-established business going through a period of growth. As Cost Accountant you will report directly into the Finance Director. As the group continues to expand there will be genuine opportunities for long term progression and professional development.
Description
Responsibilities include:
- Preparation of monthly product cost analysis for use in determining cost of sales and inventoriable cost.
- Driving analytics and processes to evaluate product cost.
- Identifying cost reductions, and tracking to realisation seasonally, annually, and for strategic plans.
- Conducting cost analysis to improve margin performance and deliver measurable results.
- Complete analysis on operations specific aspects of the finance operating cycle (Cost of Sales, Other Cost of Sales, and Inventory) and other manufacturing topics.
- Lead and contribute to ad hoc projects to drive sourcing optimisation with measurable outcomes.
- Assists in developing the company's annual plans.
- Work closely with regional finance teams to design and implement best practices to streamline processes and provide data-driven insights to business leaders.
- Analyse and identify opportunities for cost savings and process optimisation across the business.
- Other ad hoc projects as assigned.
Profile
The Candidate Will Have:
- Knowledge of accounting practices related to inventory costing, intercompany and foreign currencies.
- CIMA/ACCA part-qualified or qualified by experience.
- Excellent analytical and communication skills both written and verbal.
- Strong interpersonal skills with high attention to detail.
- Good organisational skills and the ability to work towards deadlines.
- Commitment to continuously drive process improvements.
Job Offer
This role will offer a salary up to £36,000 depending on experience plus a benefits package including genuine career progression opportunities, study support, free on-site parking, holiday allowance, company pension scheme, work social events + more!
Contact Detail:
ACCA Careers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Accountant
✨Tip Number 1
Familiarise yourself with the specific accounting practices related to inventory costing and intercompany transactions. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the role.
✨Tip Number 2
Network with professionals in the accounting field, especially those who work in cost accounting. Engaging with them on platforms like LinkedIn can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss your analytical skills and how you've used them in past roles. Be ready to share specific examples of how you've identified cost savings or improved processes, as this aligns closely with the responsibilities of the position.
✨Tip Number 4
Research the company’s recent growth and any projects they are involved in. Being knowledgeable about their business will allow you to tailor your conversation during interviews and show 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: Before applying, make sure you fully understand the responsibilities of a Cost Accountant. Familiarise yourself with key tasks such as product cost analysis and cost reduction strategies, as these will be crucial in your application.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your knowledge of accounting practices related to inventory costing and any qualifications like CIMA or ACCA.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your analytical skills and attention to detail. Mention specific examples of how you've contributed to cost savings or process improvements in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, as these can detract from your professionalism and attention to detail.
How to prepare for a job interview at ACCA Careers
✨Know Your Numbers
As a Cost Accountant, you'll be expected to have a solid grasp of accounting practices related to inventory costing and financial analysis. Brush up on your knowledge of cost analysis techniques and be prepared to discuss how you've applied them in previous roles.
✨Showcase Analytical Skills
Highlight your analytical abilities during the interview. Be ready to provide examples of how you've driven analytics to evaluate product costs or identified cost reductions in past positions. This will demonstrate your capability to deliver measurable results.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice articulating complex financial concepts in a clear and concise manner. You may need to explain your findings to non-financial stakeholders, so being able to simplify your insights is key.
✨Demonstrate Process Improvement Mindset
The company values continuous process improvements. Prepare to discuss any initiatives you've led or contributed to that streamlined processes or optimised costs. Showing your commitment to driving efficiency will resonate well with the interviewers.
