Senior Cost Accountant in Newcastle upon Tyne

Senior Cost Accountant in Newcastle upon Tyne

Newcastle upon Tyne Full-Time 36000 - 60000 £ / year (est.) No home office possible
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BMC Recruitment Group

At a Glance

  • Tasks: Lead financial reporting and support strategic decision-making in a dynamic team.
  • Company: Join a growing organisation in the professional services and technology sector.
  • Benefits: Competitive salary, hybrid working, 33 days annual leave, and pension contributions.
  • Other info: Immediate start available with opportunities for professional development and team events.
  • Why this job: Make a real impact on financial control and reporting while developing your career.
  • Qualifications: Fully qualified Accountant with strong analytical skills and team management experience.

The predicted salary is between 36000 - 60000 £ per year.

BMC Recruitment Group are recruiting for a Cost Accountant Lead on behalf of a growing organisation within the professional services and technology sector. This is an 18‑month FTC to cover maternity leave, with the current post‑holder due to go on leave at the end of July. The business is seeking someone who can start as soon as possible to allow a thorough handover period. This is a key role within a high‑performing Management Accounting team, with responsibility for leading overhead reporting, supporting strategic decision‑making, and ensuring strong financial control across the organisation. You will work closely with senior management, FP&A, Technical Accounting, and wider stakeholders.

Competitive salary (dependent on experience) Immediate start available to allow full handover before current post‑holder’s leave Hybrid working available following training 33 days annual leave including bank holidays (increasing with length of service) Company pension contribution (increases with service) Opportunities for development within a high‑performing finance team Regular company and team events.

Key Responsibilities
  • Preparation of accurate monthly management accounts with commentary across P&L, balance sheet and cashflow
  • Review of reconciliations and completion of monthly, quarterly and YTD variance analysis
  • Continuous monitoring of financial KPIs and identification of trends/improvement areas
  • Approval of journals and review of accruals accuracy
  • Delivery and oversight of consolidated overhead reporting
  • Presentation of group cost performance at CFO level at month‑end
  • Business partnering with cost centre leaders on budgeting, forecasting, and cost analysis
  • Tracking cost control across transformation projects, new office programmes and wider group initiatives
  • Management of exceptional cost reporting
  • Supporting internal and external audit requests
  • Mentoring and supporting the Cost Accountant within the team
  • Contribution to ongoing improvement of Workday reporting and financial processes following recent system implementation
  • Collaboration with FP&A, Purchase Ledger and other finance teams to enhance reporting accuracy and process efficiency
  • Acting as systems administrator for finance and banking systems
Experience & Skills Required
  • Experience supervising or managing a team – desirable
  • Experience using Workday or similar ERP systems – desirable
  • Strong analytical skills and ability to communicate financial insights confidently
Qualifications
  • Fully qualified Accountant (ACCA, ACA, CIMA or ICAS)

Senior Cost Accountant in Newcastle upon Tyne employer: BMC Recruitment Group

Join a dynamic and growing organisation in the professional services and technology sector as a Senior Cost Accountant, where you will be part of a high-performing Management Accounting team. Enjoy a competitive salary, hybrid working options, and 33 days of annual leave that increases with service, alongside ample opportunities for professional development and regular team events that foster a collaborative work culture. This role not only offers a chance to lead critical financial processes but also to engage closely with senior management, making it an excellent opportunity for those seeking meaningful and rewarding employment.
BMC Recruitment Group

Contact Detail:

BMC Recruitment Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Cost Accountant in Newcastle upon Tyne

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance sector and let them know you're on the lookout for a Senior Cost Accountant role. You never know who might have the inside scoop on an opportunity or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by brushing up on your financial insights and analytical skills. Be ready to discuss how you've led overhead reporting and supported strategic decision-making in past roles. We want to see you shine!

✨Tip Number 3

Don’t forget to showcase your experience with ERP systems like Workday. Highlight any improvements you've made in financial processes or reporting accuracy. This is your chance to show how you can contribute to our high-performing finance team!

✨Tip Number 4

Apply through our website for a smoother process! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to connect with us directly.

We think you need these skills to ace Senior Cost Accountant in Newcastle upon Tyne

Management Accounting
Overhead Reporting
Financial Control
Variance Analysis
Financial KPIs Monitoring
Cost Analysis
Budgeting
Forecasting
Cost Control
Audit Support
Workday Reporting
ERP Systems Experience
Team Management
Analytical Skills
Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Cost Accountant role. Highlight your experience in management accounting, financial control, and any relevant software 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 team. Mention specific experiences that relate to the key responsibilities listed in the job description. We love a good story!

Showcase Your Analytical Skills: Since this role requires strong analytical skills, make sure to include examples of how you've used these in past roles. Whether it's through variance analysis or financial KPIs, we want to see your thought process and results.

Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.

How to prepare for a job interview at BMC Recruitment Group

✨Know Your Numbers

As a Senior Cost Accountant, you'll need to demonstrate your strong analytical skills. Brush up on key financial metrics and be ready to discuss how you've used data to drive decision-making in previous roles. Prepare examples of your experience with P&L, balance sheets, and cash flow management.

✨Showcase Your Leadership Skills

Since this role involves mentoring and supporting a team member, think about your past experiences in leadership. Be prepared to share specific instances where you led a project or guided a colleague, highlighting your ability to foster collaboration and improve team performance.

✨Familiarise Yourself with Workday

If you have experience with Workday or similar ERP systems, make sure to mention it during the interview. If not, do some research on its functionalities and how it can enhance financial reporting. Showing that you're proactive about learning new systems will impress the interviewers.

✨Prepare for Business Partnering Questions

This role requires close collaboration with various stakeholders. Think about how you've partnered with cost centre leaders in the past. Prepare to discuss your approach to budgeting, forecasting, and cost analysis, and how you effectively communicated financial insights to non-financial colleagues.

Senior Cost Accountant in Newcastle upon Tyne
BMC Recruitment Group
Location: Newcastle upon Tyne
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