At a Glance
- Tasks: Support financial management and reporting for the Procurement and Manufacturing Division.
- Company: Hydro International is a global leader in water management solutions with over 40 years of experience.
- Benefits: Enjoy hybrid working, 25+ days holiday, life cover, and mental health support.
- Why this job: Join a dynamic finance team and contribute to sustainable water management initiatives.
- Qualifications: Recognised accountancy qualification and experience in cost accounting or similar roles required.
- Other info: Opportunity for career advancement and involvement in impactful financial projects.
The predicted salary is between 42000 - 60000 £ per year.
Job Title: Cost & Manufacturing Accountant
Location: Clevedon, Somerset
Type of Employment: Full Time, Permanent position
Working Hours: Hybrid; Monday-Friday, 8:30am-5:00pm
About Us
Hydro International, a CRH Company, is a leading global provider of advanced products, services, and expertise to help municipal, industrial and construction customers to improve their water management processes, increase operational performance, and reduce environmental impact. With over 40 years of experience and a reputation for engineering excellence, businesses, and public bodies all over the world rely on our products, services, and integrated solutions to reduce flood risk, improve water treatment, and protect the environment from water pollution. We have a network of over 80 distribution partners and serve customers in more than 40 countries. As part of CRH Infrastructure Products, we are leading the water management industry with innovative, sustainable solutions and a safety-first mindset.
We are looking for a confident, self-motivated, flexible team player to join our busy finance team and offer Key support for the Head of Accounting and Supply Chain Director with the financial management, control and reporting for the Procurement and Manufacturing Division.
This role will be based at the Head Office in Clevedon and there is the option of Hybrid working with at least 3 days a week in the office.
Competence & Qualifications:
- Recognised accountancy qualification.
- Proven experience as a Cost Accountant, Cost Analyst, Accountant, or in a similar role.
- Demonstrated ability to implement high standards of financial and manufacturing controls, along with robust management information reporting.
- Cost accountancy experience within a manufacturing environment.
- Experience working with supply chain and procurement teams (desirable but not essential).
Skills & Attributes:
- Strong analytical skills with proficiency in financial systems and Microsoft Excel.
- Knowledge of best practice manufacturing accounting.
- Experience using Microsoft Business Central.
Key Duties:
1. Undertaking the following aspects of the Hydro Procurement and Manufacturing division:
- Develop robust processes to enable production of timely and technically accurate financial information for the Procurement and Manufacturing Cost Centre, to include liaison with key stakeholders.
- Develop systems and processes to enable the analysis of cost of goods, production costs, associated variances, and help support the management of these costs.
- Provide support to management to ensure all costs are correctly recorded and monitored.
- Providing and managing any contractual financial information e.g. supplier discounts, delivery timelines, etc.
- Balance sheet reconciliations for all inventory accounts and support FCās with other related balance sheet reconciliations.
- Undertaking profitability analysis on products/products level analysis, inventory and production variance analysis, ad hoc analysis.
- Collaborate with production, supply chain, and procurement teams.
- Set up and maintain standard costing models to reflect accurate costs.
- Identify and implement cost-saving and efficiency improvement initiatives.
- Ensure compliance with financial regulations and support audit preparations.
- Support any other financial projects.
2. Provide assistance to the Head of Accounting with other duties across the UK finance team as reasonably required, including the provision of holiday/absence cover for other roles within the team.
Why work for us?
ā 2 x Annual salary Life Cover
ā Pension
ā Sick pay policy
ā Minimum of 25 days holiday per annum + Bank Holidays
ā Mental Health First Aiders & Support programmes
ā Training & Development
ā Room for advancement
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Cost Accountant employer: Hydro International
Contact Detail:
Hydro International Recruiting Team
StudySmarter Expert Advice š¤«
We think this is how you could land Cost Accountant
āØTip Number 1
Familiarise yourself with Hydro International's products and services. Understanding their water management solutions will not only help you in interviews but also show your genuine interest in the company.
āØTip Number 2
Network with current or former employees of Hydro International on platforms like LinkedIn. They can provide valuable insights into the company culture and expectations for the Cost Accountant role.
āØTip Number 3
Brush up on your knowledge of Microsoft Business Central and Excel, as these are key tools mentioned in the job description. Consider taking a quick online course to enhance your skills.
āØTip Number 4
Prepare specific examples from your past experience that demonstrate your ability to implement financial controls and cost-saving initiatives. This will help you stand out during the interview process.
We think you need these skills to ace Cost Accountant
Some tips for your application š«”
Tailor Your CV: Make sure your CV highlights relevant experience as a Cost Accountant or in similar roles. Emphasise your analytical skills, proficiency in financial systems, and any experience with manufacturing accounting.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role at Hydro International. Mention specific skills that align with their requirements, such as your ability to implement financial controls and your experience with cost analysis.
Highlight Relevant Qualifications: Clearly state your recognised accountancy qualification and any additional certifications that may be relevant. This will help demonstrate your credibility and expertise in the field.
Showcase Your Teamwork Skills: Since the role requires collaboration with various teams, include examples of how you've successfully worked in a team environment. Highlight any experience you have with supply chain and procurement teams, even if it's not essential.
How to prepare for a job interview at Hydro International
āØKnow Your Numbers
As a Cost Accountant, you'll need to demonstrate your proficiency with financial data. Brush up on key metrics related to cost accounting and be prepared to discuss how you've used these in previous roles.
āØUnderstand the Companyās Products
Hydro International focuses on water management solutions. Familiarise yourself with their products and services, and think about how your role as a Cost Accountant can contribute to their mission of improving operational performance.
āØShowcase Your Analytical Skills
Highlight your strong analytical skills during the interview. Be ready to provide examples of how you've implemented financial controls or improved processes in past positions, especially in a manufacturing environment.
āØPrepare Questions for the Interviewers
Engage with your interviewers by preparing thoughtful questions. Ask about the challenges the finance team faces or how they measure success in the Cost Accountant role. This shows your interest and initiative.