Costbase Senior Accountant
Costbase Senior Accountant

Costbase Senior Accountant

Somerset Full-Time 42000 - 58000 £ / year (est.) No home office possible
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JobFlurry

At a Glance

  • Tasks: Lead budgeting, forecasting, and reporting for cost base management.
  • Company: Join BAE Systems, a global leader in defence and engineering solutions.
  • Benefits: Enjoy flexible working, competitive pension, enhanced leave, and employee discounts.
  • Why this job: Make a real impact in an inclusive culture that values diversity and innovation.
  • Qualifications: Must be a fully qualified accountant with advanced Excel skills and management accounts experience.
  • Other info: Roles may require security vetting; apply early as the vacancy may close soon.

The predicted salary is between 42000 - 58000 £ per year.

Location: Barrow-in-Furness / Sheffield – We offer a range of hybrid and flexible working arrangements – please speak to your recruiter about the options for this particular role.

Salary: £50,000+ (Depending on skills and experience)

What you’ll be doing:

  • Lead on actualisation, forecasting, and budgeting of the cost base for QBR and IBP processes.
  • Deliver comprehensive Fixed Asset reporting, ensuring accuracy and compliance.
  • Partner with Budget Holders to provide timely and insightful reporting, including P&L, variance analysis, and identification of risks and opportunities.
  • Prepare detailed cost base cash forecasts to support strategic planning.
  • Own the calculation of critical rates including costing rates, throughput, and utilisation.
  • Accurately input forecast and budget data into the SAP ERP system.
  • Support the wider team through ad-hoc analysis and cross-cover, meeting both internal and external customer needs.

Your skills and experiences:

Essential:

  • Fully qualified accountant (ICAEW, ACCA, ACA, or CIMA essential – AAT not accepted).
  • Advanced Excel proficiency, including pivot tables, VLOOKUPs, SUMIF, filters, and data manipulation.
  • Proven experience in management accounts, with a strong focus on costing and pricing rate calculations.
  • Confident stakeholder engagement skills, with the ability to challenge, influence, and build effective working relationships across all levels.

Desirable:

  • Highly desirable to have SAP experience.

Benefits:

You’ll receive benefits including a competitive pension scheme, enhanced annual leave allowance and a Company contributed Share Incentive Plan. You’ll also have access to additional benefits such as flexible working, an employee assistance programme, Cycle2work and employee discounts – you may also be eligible for an annual incentive.

Why BAE Systems?

This is a place where you’ll be able to make a real difference. You’ll be part of an inclusive culture that values diversity of thought, rewards integrity, and merit, and where you’ll be empowered to fulfil your potential. We welcome people from all backgrounds and want to make sure that our recruitment processes are as inclusive as possible.

If you have a disability or health condition (for example dyslexia, autism, an anxiety disorder etc.) that may affect your performance in certain assessment types, please speak to your recruiter about potential reasonable adjustments.

Please be aware that many roles at BAE Systems are subject to both security and export control restrictions. These restrictions mean that factors such as your nationality, any nationalities you may have previously held, and your place of birth can restrict the roles you are eligible to perform within the organisation. All applicants must as a minimum achieve Baseline Personnel Security Standard. Many roles also require higher levels of National Security Vetting where applicants must typically have 5 to 10 years of continuous residency in the UK depending on the vetting level required for the role, to allow for meaningful security vetting checks.

Closing Date: 15th July 2025. We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible.

Costbase Senior Accountant employer: JobFlurry

BAE Systems is an exceptional employer that fosters a culture of inclusivity and innovation, making it an ideal place for a Senior Costbase Accountant to thrive. With flexible working arrangements, competitive benefits including a generous pension scheme and employee discounts, and a commitment to employee growth, you will be empowered to make a meaningful impact in a dynamic environment located in Barrow-in-Furness or Sheffield. Join us to contribute to critical defence solutions while advancing your career in a supportive and diverse workplace.
JobFlurry

Contact Detail:

JobFlurry Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Costbase Senior Accountant

✨Tip Number 1

Familiarise yourself with the specific financial processes mentioned in the job description, such as actualisation, forecasting, and budgeting. Being able to discuss these topics confidently during your interview will demonstrate your understanding of the role.

✨Tip Number 2

Brush up on your Excel skills, especially advanced functions like pivot tables and VLOOKUPs. You might be asked to solve a problem or analyse data on the spot, so being prepared can really set you apart.

✨Tip Number 3

Research BAE Systems and their Weapon Systems UK Team to understand their mission and values. This knowledge will help you align your answers with their goals and show that you're genuinely interested in the company.

✨Tip Number 4

Prepare examples of how you've successfully engaged with stakeholders in previous roles. Highlighting your ability to challenge and influence will showcase your fit for the collaborative environment they seek.

We think you need these skills to ace Costbase Senior Accountant

Fully qualified accountant (ICAEW, ACCA, ACA, or CIMA)
Advanced Excel proficiency
Experience in management accounts
Costing and pricing rate calculations
Stakeholder engagement skills
Ability to challenge and influence
Effective relationship building
Fixed Asset reporting
Forecasting and budgeting skills
Data manipulation
SAP ERP system experience
Variance analysis
Risk identification
Cash forecasting

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your qualifications as a fully qualified accountant (ICAEW, ACCA, ACA, or CIMA) and showcases your advanced Excel skills. Include specific examples of your experience in management accounts and costing calculations.

Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities of the Senior Costbase Accountant role. Emphasise your ability to partner with Budget Holders and provide insightful reporting, as well as your experience with SAP if applicable.

Highlight Relevant Skills: In your application, clearly outline your stakeholder engagement skills and your ability to challenge and influence effectively. Mention any experience you have with fixed asset reporting and cash forecasting.

Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a role involving financial accuracy.

How to prepare for a job interview at JobFlurry

✨Showcase Your Qualifications

Make sure to highlight your qualifications as a fully qualified accountant, such as ICAEW, ACCA, ACA, or CIMA. Be prepared to discuss how your education and certifications have equipped you with the skills necessary for the role.

✨Demonstrate Excel Proficiency

Since advanced Excel skills are essential for this position, be ready to provide examples of how you've used pivot tables, VLOOKUPs, and data manipulation in your previous roles. You might even want to mention specific projects where these skills made a significant impact.

✨Engage Stakeholders Effectively

Prepare to discuss your experience in engaging with stakeholders. Think of examples where you successfully influenced decisions or built strong working relationships, as this is crucial for partnering with Budget Holders.

✨Familiarise Yourself with SAP

If you have experience with SAP, be sure to mention it during the interview. If not, consider doing some research on how SAP ERP systems work, especially in relation to budget data input, to show your willingness to learn and adapt.

Costbase Senior Accountant
JobFlurry
Location: Somerset
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