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- Tasks: Analyse costs, prepare reports, and support decision-making across the business.
- Company: Join ELIQUO HYDROK, a leader in innovative water treatment solutions.
- Benefits: Enjoy flexible working, health plans, and personal development opportunities.
- Why this job: Make a real impact on environmental solutions while developing your analytical skills.
- Qualifications: Degree in Accounting, Finance, or related field; experience in cost analysis preferred.
- Other info: Be part of a diverse team committed to fairness and inclusion.
The predicted salary is between 28800 - 43200 £ per year.
Collect, monitor, analyse and make recommendations on costs within the business.
Responsibilities
- Collect, analyse, and interpret data related to the costs of raw materials, labour, and overheads.
- Prepare detailed cost reports and present findings to management, supporting decision-making, pricing, margin assurance and strategic planning.
- Collaborate with departments across the business to ensure accurate cost allocation and identify cost-saving opportunities.
- Conduct variance analysis between actual and standard/budget costs, investigating and explaining significant discrepancies, with recommendations to improve margin.
- Assist in the development and refinement of cost accounting systems and procedures to ensure clean, accurate data, resulting in usable reports and insights (e.g. using Power BI).
- Support month-end and year-end close processes, including journal entries and reconciliations related to manufacturing activities.
- Support budgeting and forecasting processes by providing reliable cost data and trend analysis.
- Monitor inventory valuation and assist with stocktakes and cost of goods sold calculations.
- Ensure compliance with internal controls, company policies and relevant financial regulations.
Qualifications
- Bachelor’s degree in Accounting, Finance, Business, Mathematics, or a related field (CIMA/ACCA/ACA qualification is advantageous).
- Proven experience in cost analysis, ideally within a manufacturing or production environment.
- Strong analytical and problem-solving skills with a high level of accuracy and attention to detail.
- Excellent communication skills, with the ability to present complex data in a clear manner.
- Advanced proficiency in Microsoft Excel and familiarity with ERP systems (e.g. MS D365, SAP, Oracle).
- Strong organisational skills and the ability to manage multiple tasks and deadlines.
Benefits
- Flexible/hybrid working options available
- Medicash Health Plan
- Company Pension
- Sick Pay
- On-site parking
- Cycle to Work Scheme
- Company Events
- Appraisal and Personal Development programme
Graduate Cost Analyst employer: ELIQUO HYDROK
Contact Detail:
ELIQUO HYDROK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Graduate Cost Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for informational interviews. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews by researching the company inside out. Understand their values, recent projects, and how they approach cost analysis. This will help us tailor your responses and show them you’re genuinely interested in being part of their team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family, focusing on common questions related to cost analysis and data interpretation. The more comfortable you are speaking about your skills, the better you’ll perform when it counts.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Graduate Cost Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Graduate Cost Analyst role. Highlight your relevant experience in cost analysis and any specific skills that match the job description, like your proficiency in Excel or familiarity with ERP systems.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about cost analysis and how your background makes you a great fit for our team. Don’t forget to mention your enthusiasm for working in an environmentally focused company like us!
Showcase Your Analytical Skills: In your application, be sure to showcase your analytical and problem-solving skills. Provide examples of how you've successfully interpreted data or conducted variance analysis in previous roles, as this will resonate well with what we’re looking for.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to see all the details about the role and our company culture while you’re at it!
How to prepare for a job interview at ELIQUO HYDROK
✨Know Your Numbers
As a Graduate Cost Analyst, you'll be dealing with costs all day long. Brush up on your understanding of cost analysis, variance analysis, and how to interpret financial data. Be ready to discuss specific examples from your studies or previous experiences where you successfully analysed costs or identified savings.
✨Master the Tools
Familiarity with tools like Microsoft Excel and ERP systems is crucial. Make sure you can demonstrate your proficiency in Excel during the interview, perhaps by discussing how you've used it for data analysis or reporting. If you have experience with Power BI, highlight that too!
✨Communicate Clearly
You’ll need to present complex data to management, so practice explaining your findings in a straightforward manner. Prepare to share an example of a time when you had to communicate difficult information and how you made it understandable for your audience.
✨Show Your Collaborative Spirit
Collaboration is key in this role, so think of instances where you've worked with others to achieve a common goal. Be ready to discuss how you’ve partnered with different departments to ensure accurate cost allocation or to identify cost-saving opportunities.
