At a Glance
- Tasks: Join our finance team to provide accurate cost information and support key business decisions.
- Company: Dynamic manufacturing company focused on innovation and efficiency.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity for continuous improvement and career growth in a supportive team.
- Why this job: Make a real impact in a crucial role within a thriving manufacturing sector.
- Qualifications: CIMA qualified with 5+ years in manufacturing cost accounting and SAP experience.
The predicted salary is between 50000 - 60000 £ per year.
We are seeking a highly motivated and experienced Manufacturing Cost Accountant to join our finance team. The successful candidate will play a crucial role in providing accurate and timely cost information to support key business decisions within a manufacturing environment. This position requires a strong understanding of manufacturing processes, cost accounting principles, and SAP experience.
Responsibilities
- Product Costing: Develop and maintain accurate standard costs for all manufactured products, including raw materials, direct labour, and manufacturing overhead. Perform variance analysis, investigate significant deviations from standard costs, and identify root cause. Prepare and analyse monthly product cost reports for management review. Participate in the annual standard cost setting process.
- Inventory Accounting: Monitor inventory levels and ensure accurate valuation of raw materials, work-in-progress, and finished goods. Investigate and resolve inventory discrepancies. Assist with month-end closing procedures, including journal entries and reconciliations related to inventory.
- Manufacturing Overhead Analysis: Analyse and allocate manufacturing overhead costs to products accurately. Monitor and control manufacturing overhead variances. Assist with the development and implementation of cost reduction initiatives.
Prerequisites
- CIMA qualified
- Bachelor's degree in Accounting, Finance, or a related field
- 5+ years of experience in a manufacturing cost accounting role
- Strong understanding of manufacturing processes and cost accounting principles
- Proven experience with SAP in a manufacturing environment
- Advanced Excel skills, including proficiency in formulas, pivot tables, and data analysis
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Detail-oriented with a high degree of accuracy
- Ability to work independently and as part of a team
- Experience with ERP systems other than SAP
- Experience in a lean manufacturing environment
- Experience with data warehousing and business intelligence tools
SAP Experience
- Proficient in utilising SAP for all aspects of cost accounting, including cost centre accounting, material master data maintenance, order costing, and variance analysis.
- Maintain and update SAP master data as required.
- Troubleshoot and resolve SAP related issues within the cost accounting area.
Process Improvement
- Continuously review and improve cost accounting processes and procedures.
- Identify and implement opportunities to improve efficiency and accuracy within the cost accounting function.
- Assist with the implementation of new accounting standards and best practices.
Ad-hoc Analysis and Reporting
- Prepare ad-hoc reports and analyses as requested by management.
- Support other departments with cost-related information and analysis.
Cost Accountant in Glasgow employer: Cooper Parry
Join our dynamic finance team as a Cost Accountant in a thriving manufacturing environment, where your expertise will directly influence key business decisions. We pride ourselves on fostering a collaborative work culture that encourages professional growth and continuous improvement, offering competitive benefits and opportunities for advancement. Located in a vibrant area, our company not only values your contributions but also supports your career development through training and mentorship programmes.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Accountant in Glasgow
✨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 Cost 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
Get your interview game on point! Research common questions for Cost Accountant roles and practice your answers. Be ready to showcase your SAP experience and how you've tackled cost analysis in previous jobs. Confidence is key!
✨Tip Number 3
Tailor your approach! When you find a job that excites you, make sure to highlight your relevant skills and experiences in conversations with recruiters. Show them why you're the perfect fit for their manufacturing finance team.
✨Tip Number 4
Don't forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications!
We think you need these skills to ace Cost Accountant in Glasgow
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Cost Accountant role. Highlight your experience in manufacturing cost accounting and any relevant SAP skills. We want to see how your background aligns with 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 passionate about cost accounting and how you can contribute to our finance team. Keep it concise but impactful – we love a good story!
Show Off Your Skills:Don’t forget to showcase your advanced Excel skills and analytical abilities. Mention specific projects or experiences where you've used these skills effectively. We’re keen on seeing how you tackle challenges!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Let’s get started!
How to prepare for a job interview at Cooper Parry
✨Know Your Numbers
As a Cost Accountant, you'll need to demonstrate your understanding of cost accounting principles. Brush up on key concepts like product costing, variance analysis, and inventory valuation. Be ready to discuss how you've applied these in previous roles, especially in a manufacturing context.
✨Show Off Your SAP Skills
Since SAP experience is crucial for this role, make sure you can talk confidently about your proficiency with the software. Prepare examples of how you've used SAP for cost centre accounting or variance analysis, and be ready to troubleshoot any hypothetical issues they might throw your way.
✨Highlight Process Improvement Experience
Employers love candidates who can identify inefficiencies and suggest improvements. Think of specific instances where you've enhanced cost accounting processes or implemented new standards. This shows you're proactive and focused on continuous improvement.
✨Communicate Clearly
Strong communication skills are essential, especially when presenting complex financial data. Practice explaining your past experiences in a straightforward manner. Use clear examples to illustrate your points, and don't shy away from asking questions to show your engagement and interest in the role.
