Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Prepare management accounts, support budgeting, and analyse financial data for strategic decisions.
- Company: Join a fast-growing professional services and technology organisation in Newcastle upon Tyne.
- Benefits: Enjoy a competitive salary, hybrid working, 33 days leave, and career development opportunities.
- Why this job: Be a key player in a high-performing finance team and make a real impact.
- Qualifications: Must be a fully qualified Accountant with strong Excel skills and management accounts experience.
- Other info: Dynamic work environment with regular team events and a focus on continuous improvement.
The predicted salary is between 35000 - 45000 £ per year.
BMC Recruitment Group are delighted to be recruiting for a Cost Accountant on behalf of a leading, fast growing organisation within the professional services and technology sector. This newly created position offers an exciting opportunity to play a key role within a high performing finance team, supporting cost control, financial analysis, and strategic decision making across the business.
Key Benefits they offer:
- Competitive salary (dependent on experience)
- Full-time, permanent position
- Monday to Friday, standard office hours
- Hybrid working
- Free on-site parking
- 33 days annual leave including bank holidays (rising with length of service)
- Company pension contribution (increases with service)
- Regular company/team events
- Opportunities for long-term career development within a growing group
Your Duties & Responsibilities include:
- Preparation of accurate monthly Management Accounts with insights and commentary (P&L, Balance Sheet, Cash Flow)
- Support with subsidiary and consolidated monthly management accounts from an overheads perspective
- Business partnering with department heads, providing cost centre reporting, budgeting and forecasting support
- Weekly nominal and spend analysis to identify trends and variances
- Preparation of Balance Sheet reconciliations
- Reviewing and analysing accruals and prepayments
- Supporting internal and external audit requests
- Overhead tracking for key business projects
- Management of exceptional costs reporting
- Supporting complaints and operational loss reporting
- Working alongside finance teams to develop a universal coding structure for overheads
- Reviewing automated payroll journals and performing payroll reconciliations (MTD/YTD)
- Liaising closely with Purchase Ledger to ensure accurate invoice coding
- Conducting ad-hoc overhead and cost analysis for various departments
- Assist with VAT submissions
- Preparation of journals
Systems, Processes & Controls
- Act as a key contributor to continuous improvement initiatives across finance systems and reporting
- Support ongoing enhancements to Workday (or similar ERP) reporting
- Foster collaboration between FP&A, Purchase Ledger, Tax and Technical Accounting teams
- Identify opportunities to improve reporting quality, process control and data accuracy
- Act as a systems administrator for finance and banking systems
Experience Needed:
- Strong Excel skills - essential
- Experience producing management accounts and balance sheet reconciliations
- Variance analysis and cashflow knowledge
- Understanding of purchase ledger cycles, forecasting, accruals, and prepayments
- Experience working to tight deadlines
- Exposure to Workday or similar ERP - desirable
- Financial services experience - desirable
Qualifications Required:
- Fully qualified Accountant (ACCA / ACA / CIMA / ICAS)
Hybrid Cost Accountant - Strategic Management Accounts in Newcastle upon Tyne employer: BMC Recruitment Group
Contact Detail:
BMC Recruitment Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Hybrid Cost Accountant - Strategic Management Accounts in Newcastle upon Tyne
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who work in companies you're interested in. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their financial processes and be ready to discuss how your skills in cost control and financial analysis can add value to their team.
✨Tip Number 3
Practice your answers to common interview questions, especially those related to management accounts and variance analysis. We recommend doing mock interviews with friends or using online resources to boost your confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged in their job search.
We think you need these skills to ace Hybrid Cost Accountant - Strategic Management Accounts in Newcastle upon Tyne
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Accountant role. Highlight your experience with management accounts, variance analysis, and any relevant financial systems like Workday. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our finance team. Mention specific experiences that relate to the duties listed in the job description, and don’t forget to show your enthusiasm for the role.
Showcase Your Excel Skills: Since strong Excel skills are essential for this position, make sure to mention any advanced functions or tools you’re familiar with. If you've used Excel for financial analysis or reporting, let us know how you’ve done that!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at BMC Recruitment Group
✨Know Your Numbers
As a Cost Accountant, you'll be dealing with financial data all the time. Brush up on your knowledge of management accounts, balance sheets, and cash flow statements. Be ready to discuss how you've used these in past roles and how they can impact strategic decision-making.
✨Excel is Your Best Friend
Strong Excel skills are essential for this role. Make sure you’re comfortable with functions, pivot tables, and data analysis tools. During the interview, you might be asked about specific scenarios where you've used Excel to solve problems or improve processes.
✨Showcase Your Business Partnering Skills
This position involves working closely with department heads. Prepare examples of how you've successfully collaborated with other teams in the past. Highlight your ability to provide insightful cost centre reporting and support budgeting and forecasting efforts.
✨Continuous Improvement Mindset
The company values continuous improvement in finance systems and reporting. Think of instances where you've identified opportunities for process enhancements or improved reporting quality. Be ready to share your ideas on how you can contribute to these initiatives in the new role.