Cost Accountant in Cwmbran

Cost Accountant in Cwmbran

Cwmbran Full-Time 35000 - 45000 £ / year (est.) No working from home possible
Crane Co.

At a Glance

  • Tasks: Lead costing activities and partner with operations for continuous improvement.
  • Company: Dynamic company in Cwmbran, fostering a collaborative work environment.
  • Benefits: Full-time role with competitive salary and opportunities for growth.
  • Other info: Join a resilient team focused on results and professional development.
  • Why this job: Make a real impact on financial processes and drive improvements.
  • Qualifications: Accountancy qualifications preferred; strong analytical and Excel skills required.

The predicted salary is between 35000 - 45000 £ per year.

To lead the Costing activities for the site, providing timely and accurate management and reporting of all standard costing and manufacturing variances as well as partnering the operations team to drive continuous improvement at the site. Reporting to the Accounting Manager, this role will also be responsible for inventory management along with ensuring robust controls and procedures are in place.

  • Responsible for Standard Costing for the Manufacturing entity
  • Monthly manufacturing variance analysis reporting to Management
  • Month-end KPI reporting (e.g. Inventory turns, trends)
  • Inventory accounting – stock reconciliation, scrap, E&O, customer returns, Inventory provisions, including coordinating the annual stock count
  • Standard hour recovery tracking and performance review
  • Preparation of stock disposal requests
  • Assist in coding of invoices
  • Assist with the compilation of management accounts in accordance with Crane requirements and timescales (e.g. preparation of various month-end accruals & other related activities as required)
  • Coordinate the annual re-cost activity for the site
  • Manage and undertake various reconciliations as required
  • Ensure that there are management controls in place which satisfy the requirements of Sarbanes-Oxley (SOX) and Crane Policy in your area of responsibility
  • Assist/manage various ad hoc finance projects or additional monthly duties as and when required
  • Assist in the completion/review of expense requests (CERs & ERs)
  • Perform SOX semi-annual review of system user access & segregation of duties

QUALIFICATIONS/EXPERIENCE:

  • Ideally qualified, part qualified or working towards accountancy qualifications
  • Minimum of 2 years’ experience (ideally in costing, but not essential)
  • Preferably some experience in continuous improvement and Business Partnering
  • First rate analytical skills
  • High Digital Quotient, including excellent Excel / spreadsheet skills along with ERP experience
  • Excellent communication and interpersonal skills. Demonstrated ability to effectively perform in multi-functional environment
  • Resilient
  • Committed with a results-driven ‘can-do’ attitude

Cost Accountant in Cwmbran employer: Crane Co.

At our Cwmbran location, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to excel in their roles. As a Cost Accountant, you will benefit from comprehensive professional development opportunities, competitive remuneration, and a supportive environment that values continuous improvement and teamwork. Join us to be part of a dynamic team where your contributions directly impact our success and growth.

Crane Co.

Contact Details:

Crane Co. Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Cost Accountant in Cwmbran

Tip Number 1

Network like a pro! Reach out to your connections in the finance and accounting world. Let them know you're on the lookout 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

Prepare for interviews by brushing up on your costing knowledge and analytical skills. Be ready to discuss how you've tackled challenges in previous roles, especially around inventory management and variance analysis. Show us your results-driven attitude!

Tip Number 3

Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for openings that match your skills and interests. We want to see you thrive in a role that excites you!

Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit for the Cost Accountant position.

We think you need these skills to ace Cost Accountant in Cwmbran

Costing Activities
Variance Analysis
Inventory Management
Standard Costing
KPI Reporting
Stock Reconciliation
Financial Controls

Some tips for your application 🫡

Tailor Your CV:Make sure your CV speaks directly to the Cost Accountant role. Highlight your relevant experience, especially in costing and inventory management, and don’t forget to showcase those analytical skills 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 this role. Mention your experience with continuous improvement and how you can partner with our operations team to drive results.

Show Off Your Digital Skills:We love a candidate who’s tech-savvy! Make sure to mention your Excel and ERP experience. If you’ve got any cool projects or achievements that demonstrate your high Digital Quotient, include those too!

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. We can’t wait to see what you bring to the table!

How to prepare for a job interview at Crane Co.

Know Your Numbers

As a Cost Accountant, you'll be dealing with a lot of figures. Brush up on your standard costing and variance analysis skills before the interview. Be ready to discuss how you've used these in past roles or projects.

Showcase Your Analytical Skills

Prepare examples that highlight your analytical abilities. Think about times when you identified trends or made recommendations based on data. This will demonstrate your capability to drive continuous improvement, which is key for this role.

Familiarise Yourself with SOX Compliance

Since this position involves ensuring compliance with Sarbanes-Oxley (SOX), it’s crucial to understand its requirements. Be prepared to discuss how you've implemented controls in previous roles or how you would approach this in the new position.

Communicate Effectively

Excellent communication is essential for partnering with operations teams. Practice explaining complex financial concepts in simple terms. This will show that you can work well in a multi-functional environment and build strong relationships.