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For Companies At a Glance
- Tasks: Lead financial analysis, manage budgets, and support productivity initiatives.
- Company: Gates is a leading manufacturer of innovative fluid power solutions since 1911.
- Benefits: Enjoy a supportive work environment with comprehensive benefits and opportunities for growth.
- Why this job: Join a collaborative team that values creativity and pushes the boundaries of material science.
- Qualifications: 5-7 years experience, CIMA or ACCA qualified, strong analytical skills required.
- Other info: Gates promotes equal opportunities and values diversity in the workplace.
The predicted salary is between 36000 - 60000 £ per year.
Are you inspired by challenging the status quo? Do you thrive in collaborative environments that drive results? If so, Gates could be for you.
Gates is a leading manufacturer of application-specific fluid power and power transmission solutions. We push the boundaries of material science to engineer solutions that continually exceed customer expectations.
Let\’s simplify it, think belts and hoses. Found in motorcycles, conveyor belts, cars, tractors, blenders, vacuum cleaners, bicycles, & 3D printers just to name a few. Because why not do it all?
Essential Duties and Responsibilities
The Cost Accountant reports to the Gates UK Financial Controller and plays a key role in financial analysis and decision support across the business. Core responsibilities include:
- Leading monthly management accounts submissions and UK entity budgets/forecasts
- Business partnering with management and operational teams to provide financial insight and drive performance
- Acting as site finance lead for productivity initiatives and deputising for the Financial Controller as needed
- Preparing operational performance reports, variance analysis, and commentaries
- Managing stock and overhead reporting, fixed asset register, and CAPEX support
- Performing product costing, balance sheet reconciliations, and risk/opportunity assessments
- Ensuring compliance with Sarbanes-Oxley controls and supporting year-end audits
- Driving continuous improvement in finance and ERP processes
- Supporting ad hoc projects and maintaining data integrity across systems
Keys to Success
- Requires conceptual and practical expertise in own area and general knowledge of related areas.
- Has knowledge of best practices and how own are area integrates with others
Supervisory Responsibilities
- Plans, initiates, and completes work assignments with a minimum of direction.
- Understands and applies legal requirements and administrative policies to departmental accounting functions. Interprets and analyses complex fiscal data, drawing logical conclusions.
- Detects possible weaknesses in the internal control of standard accounting procedures and recommends revisions.
- Solves complex problems by taking a new perspective on existing solutions; exercises judgment based on the analysis of multiple sources of information
- Performs complex professional accounting duties
- Impacts a range of customer, operational, project or service activities within own team and other related teams; works within broad guidelines and policies
- Verbally communicate accounting procedures and policies to staff and others;
- Write memos and reports clearly and concisely;
- Establish and maintain effective working relationships with others
Requirements and Preferred Skills
- 5-7 years of experience
- Fully qualified CIMA or ACCA
- Minimum 3 years of experience in a manufacturing finance environment
- Strong analytical, problem-solving, and attention to detail
- Solid understanding of internal controls and financial regulations
- Excellent communication and interpersonal skills
- Able to work under pressure and meet tight deadlines
- Advanced Excel and strong ERP/manufacturing systems knowledge
- Well-organised with clear self-expression and a proactive mindset
- Manufacturing finance experience; HFM knowledge preferred
Why Gates?
Founded in 1911 in Denver, Colorado, Gates is publicly traded on the NYSE. While we might operate in a vast amount of time zones we operate as \’One Gates\’ and have a common goal of pushing the boundaries of materials science. We invest in our people, bringing real-world experience that enables us to solve our customers\’ diverse challenges of today and anticipate those of tomorrow.
Work Environment
Gates is an Equal Opportunity and is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of race, sex, color, religion, age, disability, pregnancy, citizenship, sexual orientation, gender identity, national origin, protected veteran status, genetic information, marital status, or any other consideration defined by law.
GDPR: Gates are committed to protecting your private data. Please see below the link to our Job Applicants Privacy Statement which we would ask you to read in full. By applying for this position, you confirm that you have read, understood and accepted this policy.
https://www.gates.com/us/en/knowledge-center/resource-library/policies-and-statements/gates-job-applicants-privacy-statement.html
- The Infected Blood Compensation Authority
- We prioritise your well-being with a comprehensive range of benefits designed to support you both personally and professionally.
- The Infected Blood Compensation Authority
- We prioritise your well-being with a comprehensive range of benefits designed to support you both personally and professionally.
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Cost Accountant employer: Gates
Contact Detail:
Gates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Accountant
✨Tip Number 1
Familiarise yourself with Gates' products and their applications. Understanding how cost accounting plays a role in the manufacturing of belts and hoses will give you an edge during discussions with the hiring team.
✨Tip Number 2
Network with current or former employees of Gates, especially those in finance or manufacturing roles. They can provide insights into the company culture and expectations, which can be invaluable during your interview.
✨Tip Number 3
Brush up on your knowledge of Sarbanes-Oxley controls and internal financial regulations. Being able to discuss these topics confidently will demonstrate your expertise and readiness for the role.
✨Tip Number 4
Prepare examples of how you've driven continuous improvement in previous roles. Gates values innovation, so showcasing your ability to enhance processes will resonate well with the hiring team.
We think you need these skills to ace Cost Accountant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in cost accounting and manufacturing finance. Use keywords from the job description, such as 'financial analysis', 'product costing', and 'internal controls' to catch the employer's attention.
Craft a Compelling Cover Letter: In your cover letter, express your passion for challenging the status quo and working collaboratively. Mention specific examples of how you've driven performance in previous roles, particularly in financial analysis or budgeting.
Showcase Your Skills: Emphasise your analytical skills and attention to detail in your application. Provide examples of how you've solved complex problems or improved processes in past positions, especially in a manufacturing environment.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which are crucial for a Cost Accountant role.
How to prepare for a job interview at Gates
✨Understand the Role
Make sure you have a solid grasp of what a Cost Accountant does, especially in a manufacturing environment. Familiarise yourself with key responsibilities like financial analysis, budgeting, and compliance with regulations such as Sarbanes-Oxley.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used your analytical skills to solve complex problems or improve processes. Highlight your experience with variance analysis and product costing, as these are crucial for the role.
✨Communicate Effectively
Since the role involves business partnering and communication with various teams, practice articulating your thoughts clearly. Be ready to explain accounting procedures and how they impact the business in a straightforward manner.
✨Demonstrate Continuous Improvement Mindset
Gates values innovation and improvement. Be prepared to discuss how you've contributed to process improvements in your previous roles, particularly in finance and ERP systems. This will show that you align with their goal of pushing boundaries.
