At a Glance
- Tasks: Analyse costs and provide insights to drive better business decisions in manufacturing.
- Company: Join a dynamic finance team in a leading manufacturing company.
- Benefits: Competitive salary, career development opportunities, and a collaborative work environment.
- Other info: Opportunity for growth and to work closely with senior management.
- Why this job: Make a real impact by influencing pricing and profitability through your analysis.
- Qualifications: Experience in cost analysis and strong analytical skills required.
The predicted salary is between 33075 - 40425 £ per year.
Are you an experienced Costing Analyst looking for an opportunity to make a real commercial impact within a manufacturing environment?
Were looking for a Costing Analyst to join our Finance team and work closely with the Finance Business Partner Operations, providing accurate, timely and commercially meaningful cost insight across the business.
This is a hands on role where your analysis will go beyond the numbers.
Youll play an important part in helping Finance and Operations understand product costs, manufacturing performance, stock valuation and cost movements supporting better decisions around pricing, profitability, efficiency and inventory management.
Key Responsibilities
Create, maintain and continuously improve systems and processes used to calculate product costs in line with accepted Cost and Management Accounting principles, ensuring accuracy and integrity across manufactured, outsourced and purchased product standards.
Work closely with Operational colleagues to ensure cost assumptions reflect current manufacturing methods, supplier pricing, operational efficiencies and product specifications.
Support the annual standard cost roll-up process, including preparation, review, investigation of movements and communication of material cost changes to relevant stakeholders.
Calculate, report and interpret stock valuations in accordance with relevant accounting standards, ensuring inventory, work in progress and finished goods values are supported by accurate cost data and appropriate controls.
Analyse and identifying key drivers, trends and risks, and provide clear commentary and recommendations to Finance and Operations management.
Support in the maintenance of the costing databases of sourced product purchases and supplier cost information, ensuring it provides a reliable basis for product costing, margin analysis and annual standard cost updates.
Provide senior management with analysis of perpetual inventory, cycle counts, physical stock counts, stock adjustments and inventory variances, advising on corrective actions and process improvements where required.
Develop and maintain financial models, reports and dashboards that improve visibility of cost movements, product profitability, inventory risk, obsolete stock, slow-moving stock and manufacturing performance.
Support budgeting, forecasting and business planning by providing cost assumptions, production cost analysis, margin insight and sensitivity analysis for key cost drivers.
Provide ad-hoc analysis of cost, margin, manufacturing efficiency and stock information for directors and senior managers, including clear explanations, supporting data and recommended actions.
REF-230298
TPBN1_UKTJ
Cost Analyst in Stoke-on-Trent employer: All The Top Bananas
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StudySmarter Expert Advice🤫
We think this is how you could land Cost Analyst in Stoke-on-Trent
✨Join Local Manufacturing Groups
Getting involved in local manufacturing groups or associations can seriously boost your visibility. These groups often have insider info on job openings and networking events, plus they help you connect with like-minded folks in the industry. Check out what's happening in your area!
✨Show Off Your Skills in Practical Spaces
Consider participating in workshops or open days at manufacturing companies. It's a great way to show off your hands-on skills in a real-world environment and can sometimes lead to job offers right on the spot. Keep an eye on announcements from local manufacturers for these opportunities!
✨Leverage the Power of Internships
While you're looking for full-time positions, don't underestimate the power of internships! Even if you don't see a direct role, securing an internship at a company can open doors to future jobs. Many manufacturing firms prefer to hire from their intern pool, so it's definitely worth considering.
✨Apply Directly Through Company Websites
When you find a role at a company you love, like All The Top Bananas, apply directly on their website. This way, you’re more likely to be noticed by the hiring team. Plus, showing that you took the time to seek out their application process highlights your genuine interest in the firm!
We think you need these skills to ace Cost Analyst in Stoke-on-Trent
Some tips for your application 🫡
Showcase Your Technical Skills:In the manufacturing-production sector, it's crucial to highlight your technical skills and experience. Make sure your CV features any relevant qualifications, such as certifications in machinery operation or production management, and don’t forget about any specific systems or software you’re familiar with. This can really set you apart!
Emphasise Teamwork and Communication:Working in manufacturing often means being part of a larger team. Highlight your experience in collaborative projects or environments where communication was key. Maybe you have experience with lean manufacturing principles? Talk about how you worked with your team to improve productivity and maintain quality.
Tailor Your Cover Letter to the Company:Don’t just recycle an old cover letter! Take the time to tailor your cover letter to All The Top Bananas specifically. Mention what excites you about their production processes or products, and how your previous experiences can contribute to their goals. We want to see your enthusiasm for the role!
Use Concrete Examples of Your Achievements:When detailing your work experience, include measurable achievements that can demonstrate your impact. Whether it’s improving efficiency by a certain percentage or successfully leading a project, these specifics can make a huge difference. Numbers speak volumes in the manufacturing world!
How to prepare for a job interview at All The Top Bananas
✨Know Your Manufacturing Processes
Before you walk into the interview with All The Top Bananas, brush up on the specific manufacturing processes relevant to the role. Understanding lean manufacturing principles or quality control techniques could give you a solid edge to discuss how you’d fit into their operations.
✨Technical Questions Are Key
Be prepared for technical questions around machinery, production scheduling, or materials handling. Make sure you can confidently explain how you've dealt with these in past experiences or internships. Knowing industry-specific software could also be a big plus!
✨Showcase Your Problem-Solving Skills
Manufacturing environments often focus on continuous improvement. Be ready to discuss specific instances where you’ve solved a production issue or implemented a process improvement. It’s all about demonstrating your analytical thinking and hands-on approach.
✨Align Your Values with Quality and Safety
In a full-time role, companies like All The Top Bananas value commitment to quality and safety. Be prepared to discuss how you prioritise these factors in your work. It’s about showing that you’re not just looking for a job, but that you genuinely care about contributing positively to their production environment.
