Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage financial reporting, budgeting, and inventory controls to support business decisions.
- Company: Join Amphenol Ltd, a leading global interconnect specialist with over 50 years of innovation.
- Benefits: Enjoy a competitive salary, pension plan, bonuses, and more perks like free parking.
- Other info: Great career growth opportunities in a supportive and innovative environment.
- Why this job: Be part of a dynamic team driving efficiency in the aerospace and military industries.
- Qualifications: Studying for an accounting qualification with strong Excel and data analysis skills.
The predicted salary is between 35000 - 45000 £ per year.
The Company
With innovation and engineering at the heart of our business, Amphenol Ltd (ALTD) has been at the forefront of using the latest technologies and practices for over 50 years to meet the needs of interconnection in a variety of applications. As part of the Amphenol Corporation - a leading global interconnect Fortune 500 specialist company, ALTD is continuing to grow and significantly investing in the future. Based in Whitstable Kent, ALTD has maintained its status as a market leader in the Aerospace and Military industries and growth targets remain on track as part of our strategic plan. With c230 employees across a wide range of disciplines, our end-to-end manufacturing capabilities provide endless opportunities for our employees to grow their career and professional experiences.
The Vacancy
Purpose of the role: To facilitate accurate costing, actual and budget data. To own sales reporting, ensure standard costs are accurate and reflective of the realities of the business. To assist the wider business to make commercially sensible decisions.
Duties and responsibilities
- To facilitate the annual Budget process relating to Operational, SG&A expenses, Cost Reduction, Headcount requirements, and inventory levels.
- To manage the individual submissions of these budget requests, ensuring significant increases / decreases are justifiable and where appropriate they are commensurate with the Revenue budget.
- Analyse and bridge the OI impact compared to prior year.
- Manage the financial modelling.
- To facilitate the reporting of Actual financial results.
- Manage the financial model recording Actual data.
- Provide explanations for significant variations in cost to budget and trends.
- Bridge movements in results from one period to another i.e. Q2 v Q1.
- To manage the calculation and reporting of revenue forecasting.
- Manage the financial model recording revenue data.
- Work with the wider business to understand customer behaviour and lead times making revenue forecasting more accurate.
- Own reporting of revenue into corporate reporting module.
- Responsible for the preparation and review of the annual standard cost absorption model.
- This shall entail updating the cost model with the budgeted cost structure and making judgment calls where appropriate to comply with the Finance Manual.
- Work with Operations to determine a sensible level of production hours for the forthcoming year whilst complying with the Finance Manual.
- Calculate the new absorption rates.
- Assess the impact of the rate change upon Margin & Inventory valuation and report back.
- Work with the Purchasing department in setting the annual standard Material.
- Help manage the criteria under which Current & Standard material costs are set, ensuring the costs accurately reflect the "true" cost of acquisition.
- Review significant changes and seek justification.
- Assess impact upon Margin & Inventory valuation.
- Manage quarterly reviews of Standard, Current Last Price Paid.
- Monitor Variances throughout the Year.
- Review PPV on a regular basis.
- Review CJV.
- Review under / over absorption and its impact.
- Assess the impact upon Margin and the risk to the inventory valuation, making recommendations where appropriate.
- To manage Inventory controls, ensuring the reported inventory balance accurately reflects the physical stock and is in accordance with the Finance Manual valuation policies.
- To reconcile the physical stock reports to the ledger, investigating differences.
- To manage the required E&O provision, identifying Exclusions or Additions with supporting evidence.
- To recommend other inventory provisions required i.e. NRV, Revaluations.
- Monitor raw materials, components & WIP.
- To work with Operations to ensure safety stocks reflect current requirements and are managed and approved correctly.
- Manage E&O quarterly reviews.
- To ensure accurate reporting of Operational & SG&A costs and support managers in adhering to budgets and forecasts.
- Continue with monthly reviews helping to identify potential future cost overspends and feedback into the forecast.
- To track key performance measures to help drive production efficiency.
- To develop KPI's measuring Direct labour utilisation and efficiency.
- Work with Operations to eliminate waste.
- To work with finance to ensure the integrity of the monthly income statement.
- Review the income statement ensuring the component elements of absorption & variances are commensurate with Revenue and Burden incurred.
- Explain significant variations.
- Carries out such other duties that may be reasonably requested.
Person Specification
Essential
- Qualifications: Studying for accountant qualification.
- Technical: Confident user of pivots, excel, interested in technology, AI, modelling. Experience of understanding ERP systems.
- Skills and Competencies: Skilled at explaining complex financial concepts in plain language. Able to deal with large amounts of data. Happy to take the initiative and "go investigate".
Desirable
- Qualifications: Qualified Accountant (ACA, ACCA or CIMA).
- Experience: Experience working in Manufacturing highly desirable but we recognise this is rare.
- Technical: Qlik reporting, and development.
The Benefits
- Group Personal Pension Plan
- Life Assurance
- Quarterly Bonus Scheme
- Holiday Buy Scheme
- Employee Assistance Programme
- Group Income Protection
- Company Sick Pay
- Cycle to Work Scheme
- Subsidised Restaurant facility
- Free onsite parking
To be considered for this position please click the 'Apply now' button, and thank you for your interest in Amphenol LTD.
Production Accountant in Whitstable employer: Amphenol
Contact Detail:
Amphenol Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Production Accountant in Whitstable
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how your skills align with their needs. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or family to get comfortable answering common questions. The more you practice, the more confident you'll feel when it’s time to shine.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Production Accountant in Whitstable
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Production Accountant role. Highlight your relevant experience and skills, especially those related to financial modelling and reporting. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our needs. Keep it concise but impactful – we love a good story!
Show Off Your Tech Skills: Since we're all about innovation, don’t forget to mention your tech skills! If you're confident with Excel, ERP systems, or any other relevant software, let us know. We’re keen on candidates who embrace technology.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get the best experience. Plus, it shows you're serious about joining our team!
How to prepare for a job interview at Amphenol
✨Know Your Numbers
As a Production Accountant, you'll be dealing with a lot of financial data. Brush up on your understanding of key financial metrics and be ready to discuss how you would analyse and report on them. Familiarise yourself with concepts like cost absorption and revenue forecasting, as these will likely come up in conversation.
✨Showcase Your Tech Skills
Since the role requires a confident user of Excel and ERP systems, make sure to highlight your technical skills during the interview. Prepare examples of how you've used these tools in past roles to solve problems or improve processes. If you have experience with Qlik reporting, definitely mention that!
✨Prepare for Scenario Questions
Expect scenario-based questions where you might need to explain how you would handle specific financial situations, such as variances in budget or inventory valuation. Practise articulating your thought process clearly and concisely, as being able to explain complex concepts in plain language is crucial.
✨Demonstrate Initiative
The job description mentions the importance of taking the initiative and investigating issues. Be prepared to share examples from your previous experience where you identified a problem and took steps to resolve it. This will show your potential employer that you're proactive and can contribute positively to their team.