At a Glance
- Tasks: Own weekly profit and loss reports, manage product costing, and support month-end reconciliations.
- Company: Join a leading manufacturing business focused on significant improvement and expansion.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Why this job: Be part of a team that values accuracy and supports decision-making in a 'no surprise' culture.
- Qualifications: Experience in manufacturing costing and management accounting is essential.
- Other info: This role offers a chance to influence key business decisions and drive improvements.
The predicted salary is between 36000 - 60000 £ per year.
My client is a well-regarded market leading business within the manufacturing sector, and about to embark on a period of significant business improvement. Due to continued expansion, they now have a vacancy for an experienced Management / Cost / Plant Accountant to join the team: To own the weekly profit and loss pack for issue to the business, being able to confidently discuss and to assist in month end reconciliations Producing the material usage variance reports, identifying key variances and attending usage variance meetings, working towards daily variances Own the product costing process from concept to launch and provide advice to business functions on potential decision-making, ensuring information is complete and accurate, ensuring gross margin moves forward with best use of Recipe Professor Support the Management Accountant to drive forward the management accounting support function within the business Producing management information for Commercial and Operations departments and playing a key part in providing a \’no surprise’ environment Ownership and publishing of the weekly inflation tracker and issue to the business in a timely manner, including PPV forecast Maintain BOM General day to day accounting responsibilities / projects The Person: Proven manufacturing costing and management accounting experience Ability to manage, maintain and…
Cost Accountant employer: FRS Ltd
Contact Detail:
FRS Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Accountant
✨Tip Number 1
Familiarize yourself with the specific manufacturing processes and cost accounting methods used in the industry. This knowledge will help you speak confidently about how you can contribute to the company's goals during interviews.
✨Tip Number 2
Prepare to discuss your experience with profit and loss reporting, as well as your ability to analyze variances. Be ready to provide examples of how you've successfully managed these tasks in previous roles.
✨Tip Number 3
Highlight your proficiency in using accounting software and tools that are relevant to cost accounting. Being able to demonstrate your technical skills can set you apart from other candidates.
✨Tip Number 4
Network with professionals in the manufacturing sector and consider joining relevant online forums or groups. This can provide you with insights into the industry and potentially lead to referrals for the position.
We think you need these skills to ace Cost Accountant
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Cost Accountant position. Understand the key responsibilities and required skills, such as experience in manufacturing costing and management accounting.
Tailor Your CV: Customize your CV to highlight relevant experience in cost accounting and management roles. Emphasize your ability to produce variance reports and manage product costing processes, as these are crucial for the role.
Craft a Strong Cover Letter: Write a cover letter that showcases your understanding of the manufacturing sector and your experience with profit and loss reporting. Mention specific examples of how you've contributed to similar projects in the past.
Highlight Key Achievements: In both your CV and cover letter, include quantifiable achievements related to cost savings or efficiency improvements you have made in previous roles. This will demonstrate your impact and suitability for the position.
How to prepare for a job interview at FRS Ltd
✨Know Your Numbers
As a Cost Accountant, you'll be expected to discuss profit and loss statements confidently. Brush up on your financial metrics and be prepared to explain how you would approach month-end reconciliations.
✨Understand Variance Analysis
Familiarize yourself with material usage variance reports and be ready to discuss how you've identified key variances in the past. Highlight any experience you have attending variance meetings and how you contributed to resolving issues.
✨Product Costing Process Insight
Be prepared to talk about your experience with product costing from concept to launch. Think of examples where your advice influenced decision-making and ensured accurate information was provided.
✨Management Information Skills
Showcase your ability to produce management information for various departments. Discuss how you've created a 'no surprise' environment in previous roles and how you can support the Management Accountant in driving improvements.