At a Glance
- Tasks: Manage costs, drive efficiency savings, and prepare management accounts.
- Company: Growing manufacturing business with a focus on financial performance.
- Benefits: Competitive salary of £40-£45,000 and flexible benefits.
- Other info: Opportunity to present insights to senior management and improve reporting.
- Why this job: Make a real impact in a dynamic manufacturing environment.
- Qualifications: AAT qualified or part-qualified with experience in manufacturing finance.
The predicted salary is between 40000 - 45000 £ per year.
Manufacturing Management / Costing Accountant to manage costs & drive efficiency savings.
Your new company
Hays Accountancy & Finance is partnering with a growing manufacturing business to recruit an experienced AAT qualified or part-qualified Management Accountant to take ownership of the production of management accounts, lead detailed costing and margin analysis as well support budgeting and forecasting cycles to manage costs and drive efficiency savings. This role will be working 5-days on-site, based in Eye Suffolk.
Your new role
In this Management Accountant / Costings Accountant job, you will prepare management accounts with full variance analysis for direct and indirect cost centres, regularly reviewing manufacturing overheads, completing month-end stock and WIP reconciliations and resolving variances, as well as processing month-end accruals and prepayments. As an experienced management / costing accountant, you prepare and reconcile Purchase Price Variance (PPV) analysis as well as review product-level margin and Cost of Sales analysis. You will be confident to present your reports in a clear, actionable format to the senior management team and non-finance operational teams that highlight potential cost savings and additional costs driven by raw material and production variances. You will also assist in improving standard costing and pricing systems, including bills of materials, reviewing margins, and pricing matrices, as well as collaborating with the procurement team in managing material costs and overall factory financial performance.
What you'll need to succeed
You will have experience of working in a manufacturing finance environment and be at least AAT Qualified or Part-Qualified Accountant as a Management Accountant with a strong understanding of costing methodologies and margin analysis, ideally with practical experience with an ERP reporting system and a track record of improving reporting through automation and controls. In person, you will be commercially focused and be comfortable presenting financial insight to non-financial stakeholders. It is expected you will be confident with Excel to analyse and update complex financial data.
What you'll get in return
The organisation offers a salary package of £40,000 - £45,000 and other flexible benefits.
For details of the benefits package, please contact Andy Jarman on.
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now. If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Manufacturing Management Accountant: Costing & Margin employer: Broughton Group
Join a dynamic manufacturing business in Eye, Suffolk, where you will play a pivotal role as a Management Accountant focused on costing and margin analysis. The company fosters a collaborative work culture that values employee growth, offering competitive salaries and flexible benefits to support your professional development. With opportunities to present insights to senior management and influence financial strategies, this role promises a rewarding career path in a thriving industry.
StudySmarter Expert Advice🤫
We think this is how you could land Manufacturing Management Accountant: Costing & Margin
✨Tip Number 1
Network like a pro! Reach out to your connections in the manufacturing sector and let them know you're on the hunt for a Management Accountant role. 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 brushing up on your costing methodologies and margin analysis skills. Be ready to discuss how you've driven efficiency savings in past roles. We want you to shine when it comes to presenting financial insights!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you, and tailor your approach to each company’s culture and needs.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Share any additional insights or questions you might have about the role to show your enthusiasm and commitment.
We think you need these skills to ace Manufacturing Management Accountant: Costing & Margin
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in manufacturing finance and costing methodologies. We want to see how your skills align with the role, so don’t be shy about showcasing relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this Management Accountant role. We love seeing enthusiasm and a clear understanding of the job requirements.
Showcase Your Analytical Skills:Since this role involves a lot of analysis, make sure to mention your experience with Excel and any ERP systems you've used. We want to know how you’ve used these tools to drive efficiency and cost savings in previous roles.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands quickly. Plus, it shows you’re proactive and keen on joining our team!
How to prepare for a job interview at Broughton Group
✨Know Your Numbers
Make sure you brush up on your costing methodologies and margin analysis. Be ready to discuss specific examples from your past experience where you've successfully managed costs or driven efficiency savings. This will show that you not only understand the theory but can apply it in practice.
✨Master the Art of Presentation
Since you'll be presenting financial insights to non-financial stakeholders, practice how to communicate complex data clearly and concisely. Use visuals if possible, and prepare to explain your reports in a way that highlights potential cost savings and variances.
✨Familiarise Yourself with ERP Systems
If you have experience with ERP reporting systems, be prepared to discuss how you've used them to improve reporting through automation and controls. If you're not familiar with a specific system, do a bit of research on common ERP tools used in manufacturing finance.
✨Excel Skills are Key
Since the role requires strong Excel skills, make sure you're comfortable with analysing and updating complex financial data. Brush up on functions like VLOOKUP, pivot tables, and data visualisation techniques to impress during your interview.
