At a Glance
- Tasks: Support financial planning and analysis in a dynamic manufacturing environment.
- Company: Join a leading manufacturing site in Teesside with a focus on innovation.
- Benefits: Enjoy a competitive salary, pension scheme, and training opportunities.
- Other info: Collaborative culture with opportunities for continuous improvement and career growth.
- Why this job: Make a real impact on profitability and efficiency in manufacturing operations.
- Qualifications: Experience in cost accounting and strong analytical skills required.
The predicted salary is between 35000 - 45000 £ per year.
My client is seeking a detail-oriented and commercially minded Cost Accountant to join their manufacturing site based in Teesside. The successful candidate will support financial planning and analysis activities across manufacturing operations, ensuring accurate product costing, inventory valuation, reporting, and cost control. The role will work closely with production, procurement, operations, and finance teams to improve profitability and support strategic decision-making.
Key Responsibilities
- Costing and Financial Analysis
- Prepare and maintain standard product costing models.
- Analyse manufacturing costs including labour, materials, overheads, and production variances.
- Monitor and investigate cost variances and identify trends, risks, and improvement opportunities.
- Support monthly inventory valuation and cost accounting activities.
- Produce margin analysis and profitability reporting by product, customer, or business area.
- Review cost structures and recommend opportunities for cost reduction and efficiency improvements.
- Reporting and Month-End Activities
- Support month-end close processes related to manufacturing and inventory accounting.
- Prepare journals, accruals, reconciliations, and management reports.
- Assist with budget preparation and forecasting processes.
- Deliver regular KPI reporting covering manufacturing performance, scrap, labour efficiency, and material usage.
- Provide financial analysis and commentary to management.
- Manufacturing and Operational Support
- Work closely with production teams to understand manufacturing processes and operational drivers.
- Support inventory control and stock count processes.
- Participate in cycle counts and annual stock takes.
- Ensure accuracy of Bills of Materials (BOMs) and product costing data.
- Support continuous improvement initiatives across manufacturing operations.
- Compliance and Controls
- Maintain strong financial controls and ensure compliance with company policies.
- Support internal and external audit requirements.
- Assist in maintaining accurate records and documentation.
- Ensure compliance with relevant accounting standards and procedures.
Skills and Experience
- Previous experience in a Cost Accountant role within a manufacturing environment.
- Strong understanding of cost accounting principles and manufacturing processes.
- Experience with standard costing and variance analysis.
- Strong analytical and problem-solving skills.
- Advanced Microsoft Excel skills.
- Ability to communicate effectively with both finance and operational teams.
- High level of attention to detail and organisational skills.
- Part-qualified or fully qualified accountant (CIMA, ACCA, ACA, or equivalent).
- Experience using ERP systems such as SAP, Oracle, Microsoft Dynamics, Sage, or similar.
- Experience supporting continuous improvement initiatives.
- Understanding of lean manufacturing principles.
Personal Attributes
- Commercially aware with a proactive approach.
- Able to work independently and prioritise competing deadlines.
- Collaborative and capable of building relationships across departments.
- Results-focused with a continuous improvement mindset.
- Adaptable and comfortable working in a fast-paced manufacturing environment.
Salary and Benefits
- Competitive salary based on experience.
- Company pension scheme.
- Training and development opportunities.
- Additional manufacturing sector benefits as applicable.
For more information please contact Dan at Imperial Recruitment Group.
Cost Accountant employer: Imperial Recruitment Group
Join a dynamic manufacturing site in Teesside as a Cost Accountant, where you will be part of a collaborative team dedicated to driving profitability and operational efficiency. Our company fosters a supportive work culture that prioritises employee growth through training and development opportunities, alongside a competitive salary and benefits package. Experience the unique advantage of working in a fast-paced environment that values continuous improvement and innovation.
Contact Details:
Imperial Recruitment Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Cost Accountant
✨Tip Number 1
Network like a pro! Reach out to your connections in the manufacturing sector and let them know you're on the hunt for a Cost Accountant role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your cost accounting principles and manufacturing processes. Be ready to discuss how you've tackled cost variances and improved profitability in past roles. Show them you’re not just a number cruncher, but a strategic thinker!
✨Tip Number 3
Don’t forget to showcase your analytical skills! Bring examples of how you've used data to drive decisions in previous positions. This will help you stand out as someone who can contribute to financial planning and analysis activities.
✨Tip Number 4
Apply through our website for a smoother process! We want to see your application and get you in front of the right people. Plus, it shows you're serious about joining our team and making an impact in the manufacturing world.
We think you need these skills to ace Cost Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Cost Accountant role. Highlight your experience in cost accounting within a manufacturing environment and showcase your analytical skills. We want to see how you can contribute to our financial planning and analysis activities!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to product costing, inventory valuation, and your ability to work with cross-functional teams. We love a good story!
Show Off Your Skills:Don’t forget to highlight your advanced Microsoft Excel skills and any experience with ERP systems like SAP or Oracle. We’re looking for someone who can dive into data and help us improve profitability, so make sure we see that in your application!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Imperial Recruitment Group
✨Know Your Numbers
As a Cost Accountant, you'll need to demonstrate your understanding of cost accounting principles. Brush up on key concepts like standard costing and variance analysis. Be ready to discuss how you've applied these in previous roles, especially in a manufacturing context.
✨Showcase Your Analytical Skills
Prepare to share specific examples of how you've used your analytical skills to identify trends or improve profitability. Think about times when you monitored cost variances or produced margin analysis. This will show that you can add value to their financial planning and analysis activities.
✨Familiarise Yourself with ERP Systems
Since experience with ERP systems is crucial, make sure you're comfortable discussing any relevant software you've used, like SAP or Oracle. If you have experience with Microsoft Excel, be prepared to highlight your advanced skills, as this will be essential for the role.
✨Demonstrate Your Collaborative Spirit
This role requires working closely with various teams, so be ready to talk about your experience collaborating with production, procurement, and finance teams. Share examples of how you've built relationships across departments to support strategic decision-making and continuous improvement initiatives.
