At a Glance
- Tasks: Take charge of management accounts and lead detailed costing analysis.
- Company: Join a reputable company in Eye, Suffolk with a focus on efficiency.
- Benefits: Competitive salary, hands-on experience, and opportunities for professional growth.
- Other info: Work in a dynamic environment with a supportive team.
- Why this job: Make a real impact by driving cost savings and improving financial processes.
- Qualifications: Experience in management or costing accounting is essential.
The predicted salary is between 40000 - 50000 € per year.
Your new company is seeking a qualified Management Accountant to take ownership of the production of management accounts, lead detailed costing and margin analysis, and support budgeting and forecasting cycles to manage costs and drive efficiency savings. This role will be working 5 days on-site, based in Eye, Suffolk.
In this Management Accountant / Costings Accountant job, you will:
- Prepare management accounts with full variance analysis for direct and indirect cost centres.
- Regularly review manufacturing overheads.
- Complete month-end stock and WIP reconciliations and resolve variances.
- Process month-end accruals and prepayments.
- Prepare and reconcile Purchase Price Variance (PPV) analysis.
- Review product level margin and Cost of Sales analysis.
- Present reports in a clear, actionable format to the senior management team and non-finance operational teams that highlight potential cost savings and additional costs driven by raw material and production variances.
- Assist in improving standard costing and pricing systems, including bills of materials, reviewing margins, and pricing matrices.
- Collaborate with the procurement team.
Management Accountant / Costings Accountant in Suffolk employer: Hays Accounts and Finance
At Hays Accountancy, we pride ourselves on fostering a collaborative and supportive work environment that empowers our employees to excel in their roles. As a Management Accountant in Eye, Suffolk, you will benefit from comprehensive professional development opportunities, a strong emphasis on work-life balance, and the chance to make a tangible impact on our financial strategies. Join us to be part of a dynamic team where your contributions are valued and recognised, all while enjoying the charm of a picturesque location.
StudySmarter Expert Advice🤫
We think this is how you could land Management Accountant / Costings Accountant in Suffolk
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in management accounting. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Be ready to discuss your experience with management accounts, variance analysis, and costings. We want you to showcase how you can drive efficiency savings and present actionable insights!
✨Tip Number 3
Don’t forget to tailor your approach! When you apply through our website, make sure your application highlights your relevant experience in preparing management accounts and collaborating with teams. Show us how you can add value right from the start.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind. Mention something specific from your conversation that relates to cost savings or margin analysis to remind them why you're the perfect fit for the role.
We think you need these skills to ace Management Accountant / Costings Accountant in Suffolk
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in management and cost accounting. Use keywords from the job description, like 'variance analysis' and 'cost savings', to show we’re on the same page.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Explain why you’re the perfect fit for the role and how your skills can help us drive efficiency savings. Keep it concise but impactful!
Showcase Relevant Experience:When detailing your past roles, focus on specific achievements related to budgeting, forecasting, and margin analysis. We want to see how you’ve made a difference in previous positions.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process!
How to prepare for a job interview at Hays Accounts and Finance
✨Know Your Numbers
As a Management Accountant, you'll need to demonstrate your expertise in financial analysis. Brush up on key metrics like variance analysis and cost centres. Be ready to discuss how you've used these in past roles to drive efficiency and savings.
✨Prepare for Technical Questions
Expect questions about specific accounting practices, such as month-end reconciliations and Purchase Price Variance (PPV) analysis. We recommend reviewing your previous experiences and being prepared to explain your thought process and methodologies clearly.
✨Showcase Your Communication Skills
You'll be presenting reports to senior management and non-financial teams, so practice explaining complex financial concepts in simple terms. We suggest preparing a few examples of how you've successfully communicated financial insights in the past.
✨Research the Company Culture
Understanding the company's values and culture can give you an edge. Look into their approach to cost management and efficiency. We encourage you to think about how your personal values align with theirs and be ready to discuss this during the interview.
