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- Tasks: Manage inventory valuation and cost control while delivering insightful financial reports.
- Company: Thriving manufacturer in Gloucester with a focus on growth and innovation.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional development.
- Why this job: Join a high-growth company and make a real impact on financial integrity.
- Qualifications: Experience in cost or inventory accounting, preferably in manufacturing.
- Other info: Collaborative team culture with strong career advancement potential.
The predicted salary is between 32000 - 48000 £ per year.
We are currently partnering with a thriving manufacturer in Gloucester to find an Inventory Cost Accountant. This is a pivotal opportunity to join a high-growth organisation currently experiencing significant year-on-year expansion. With a rapidly diversifying portfolio of revenue streams and a pipeline of high-value projects, the business is seeking an experienced Inventory Cost Accountant to act as a key driver of financial integrity.
This role is far more than a technical accounting position; it is a vital support function for operational and commercial leadership. You will take full ownership of inventory valuation and cost control, ensuring that as the business scales, its financial foundations remain robust. You will be responsible for delivering sophisticated financial reporting that provides the clarity needed for high-stakes commercial decision-making.
If you are a finance professional who excels in dynamic environments and enjoys the challenge of aligning complex operational costs with overarching business strategy, this role offers the platform to make a tangible impact on a thriving corporate trajectory.
Responsibilities will include:
- Maintain accurate accounting for raw materials, WIP and finished goods
- Prepare and maintain standard costs and support product cost roll-ups
- Analyse manufacturing variances and provide clear, actionable commentary
- Reconcile inventory sub-ledgers to the general ledger and support month end close
- Prepare cost of goods sold (COGS) reporting and margin analysis
- Support physical inventory counts and investigate variances
- Work closely with operations, supply chain and procurement to ensure cost accuracy
- Support internal and external audits and maintain strong inventory control
Your Profile:
- Proven experience in cost or inventory accounting within a manufacturing environment
- Strong understanding of standard costing and variance analysis
- Experience with ERP systems (SAP / Oracle / Dynamics / NetSuite)
- Advanced Excel
- Part Qualified or Qualified Accountant - Desirable, not essential
To discuss further, call Tora on 07452 822610 or click "APPLY!"
Inventory & Cost Accountant in Gloucester employer: Element Recruitment Ltd
Contact Detail:
Element Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Inventory & Cost Accountant in Gloucester
✨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 an Inventory 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 knowledge of inventory valuation and cost control. Be ready to discuss how you've tackled similar challenges in the past, and don’t forget to highlight your experience with ERP systems like SAP or Oracle!
✨Tip Number 3
Showcase your analytical skills! When you get the chance to meet potential employers, be sure to share examples of how you've provided actionable commentary on manufacturing variances. This will demonstrate your ability to support high-stakes decision-making.
✨Tip Number 4
Don’t just apply anywhere; apply through our website! We’ve got a range of exciting opportunities that could be perfect for you. Plus, it’s a great way to ensure your application gets the attention it deserves.
We think you need these skills to ace Inventory & Cost Accountant in Gloucester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Inventory Cost Accountant. Highlight your experience in cost or inventory accounting, especially within a manufacturing environment, and don’t forget to mention any ERP systems you’ve worked with!
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 dynamic role. Share specific examples of how you've aligned operational costs with business strategy in the past.
Showcase Your Analytical Skills: Since this role involves analysing manufacturing variances and providing actionable commentary, make sure to highlight your analytical skills. Mention any relevant tools or methods you’ve used to deliver sophisticated financial reporting.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on the path to joining our thriving team!
How to prepare for a job interview at Element Recruitment Ltd
✨Know Your Numbers
As an Inventory Cost Accountant, you'll need to demonstrate your understanding of financial metrics. Brush up on key concepts like standard costing and variance analysis. Be ready to discuss how you've applied these in previous roles, especially in a manufacturing context.
✨Showcase Your ERP Skills
Familiarity with ERP systems is crucial for this role. If you've worked with SAP, Oracle, Dynamics, or NetSuite, make sure to highlight your experience. Prepare examples of how you've used these systems to improve inventory accuracy or streamline reporting processes.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about challenges you've faced in cost control or inventory management and how you resolved them. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Align with Business Strategy
This role isn't just about numbers; it's about supporting business growth. Be prepared to discuss how your work as an accountant can influence operational and commercial decisions. Show that you understand the bigger picture and are ready to contribute to the company's success.
