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- Tasks: Analyse costs, prepare budgets, and support decision-making in a dynamic manufacturing environment.
- Company: Join an innovative international manufacturing leader based in Glasgow.
- Benefits: Competitive salary, bonus, pension, and early Friday finishes.
- Other info: Great career progression opportunities in a collaborative and fast-paced setting.
- Why this job: Be a key player in shaping financial strategies and driving efficiency.
- Qualifications: Experience in cost accounting and a recognised qualification preferred.
The predicted salary is between 55000 - 60000 £ per year.
Lusona Consultancy are working with an International Manufacturing company in Glasgow to recruit a Cost Accountant on a Permanent basis. This is a brand new role in the structure that will focus on engagement across supply chain and wider operations reporting to the site Financial Controller.
Our client have technology at the heart of their business with innovation and automation solutions enabling them to be a leader in the market. The Cost Accountant will be a number 2 to the Financial Controller and will support the leadership team. This opportunity offers a salary between £55,000 - £60,000 + bonus with wider benefits.
The Cost Accountant will offer commercial analysis and a business partnering service to the supply chain and operations side of the business offering the ability to influence the decision-making process. You will be responsible for budget preparation, forecasting and variance analysis with an emphasis on manufacturing costs and stock.
As a second in command to the Financial Controller, you will deputise on their behalf and will take the lead on cost centre reporting, standard costing across products, stock valuation and liaising with engineers and supply chain on pricing, margins and billing materials. The Cost Accountant will be involved in monthly sales forecasting, analysing management accounts and explaining cost of sales to the business. Areas including labour efficiencies, overheads management and overhead recovery will also be assumed here.
Responsibilities:- Maintain accurate standard costs for products, covering materials, labour, and overheads.
- Analyse cost variances and investigate significant differences.
- Prepare monthly cost reports for management.
- Support the annual standard cost setting process.
- Ensure accurate inventory levels and valuation for raw materials, WIP, and finished goods.
- Investigate and resolve inventory discrepancies.
- Support month-end close activities, including inventory journals and reconciliations.
- Accurately allocate manufacturing overheads to products.
- Monitor and analyse overhead variances.
- Support cost reduction initiatives.
- Use SAP for cost accounting activities, including cost centres, material data, order costing, and variance analysis.
- Review and improve cost accounting processes.
Ideal candidate will have:
- Experience in a similar Manufacturing, Construction or Engineering based environment.
- Strong Cost accounting and analysis experience.
- Qualified Accountant or working towards a recognised Qualification.
Working in a collaborative function, this opportunity offers significant exposure to multiple stakeholders across a highly established international Group offering breadth and depth across manufacturing processes. You will also be offered career progression opportunities in a leadership environment and add value across projects and business as usual activity.
This is an exciting opportunity offering a competitive salary, progression opportunity, company pension, holidays and a lunch time finish on a Friday. Car parking is also provided. If you are looking to continue your career in a fast-paced manufacturing environment in a commercial setting this is an excellent opportunity to consider.
Cost Accountant employer: Lusona Consultancy (Financial) Limited
Contact Detail:
Lusona Consultancy (Financial) Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Accountant
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to folks on LinkedIn. The more people you know, the better your chances of hearing about job openings before they’re advertised.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share specific examples of how you've tackled cost accounting challenges in the past. This will help them see you as the perfect fit for their team.
✨Be Ready for Interviews
Prepare for interviews by researching the company and understanding their operations. Think about how your skills can directly benefit their supply chain and manufacturing processes. Confidence is key, so practice your answers to common questions!
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged in their job search.
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 manufacturing, construction, or engineering environments, and showcase your cost accounting skills. We want to see how you can bring value to our team!
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 your experience with budget preparation, forecasting, and variance analysis, and how you can support our leadership team.
Showcase Your Tech Savvy: Since technology is at the heart of our business, don’t forget to mention your experience with SAP or similar systems. We love candidates who can leverage tech to improve cost accounting processes!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on our radar. We can’t wait to hear from you!
How to prepare for a job interview at Lusona Consultancy (Financial) Limited
✨Know Your Numbers
As a Cost Accountant, you'll need to demonstrate your understanding of financial metrics. Brush up on key concepts like standard costing, variance analysis, and inventory valuation. Be ready to discuss how you've applied these in previous roles.
✨Showcase Your Tech Savvy
Since the company values technology and innovation, highlight your experience with SAP or similar accounting software. Prepare examples of how you've used technology to streamline processes or improve accuracy in cost reporting.
✨Engage with Stakeholders
This role involves collaboration across various departments. Think of instances where you've successfully partnered with other teams, such as supply chain or operations, to drive cost efficiencies. Be prepared to discuss how you can influence decision-making.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills. Prepare for scenarios related to cost variances or inventory discrepancies. Practice articulating your thought process and the steps you would take to resolve these issues effectively.