At a Glance
- Tasks: Analyse costs, prepare budgets, and support decision-making in a dynamic manufacturing environment.
- Company: Join an innovative international manufacturing company based in Glasgow.
- Benefits: Competitive salary, bonus, pension, and early finish on Fridays.
- Other info: Great career progression opportunities and collaborative work culture.
- Why this job: Be a key player in shaping financial strategies and driving efficiency.
- Qualifications: Experience in cost accounting and a recognised qualification is 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.
The 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 in Glasgow employer: Lusona Consultancy (Group) Limited
Contact Detail:
Lusona Consultancy (Group) Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Accountant in Glasgow
✨Tip Number 1
Network like a pro! Reach out to your connections in the manufacturing and finance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company’s recent projects and innovations. Be ready to discuss how your skills in cost accounting can contribute to their success. Show them you’re not just another candidate, but someone who’s genuinely interested in their mission.
✨Tip Number 3
Practice your pitch! You’ll want to clearly articulate your experience in cost analysis and how it relates to the role. Keep it concise and impactful, focusing on how you can add value to their operations and decision-making processes.
✨Tip Number 4
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 take that extra step to engage with us directly.
We think you need these skills to ace Cost Accountant in Glasgow
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 qualifications and how your experience aligns with the responsibilities listed in the job description. Let us know what excites you about working with us!
Showcase Your Analytical Skills: Since the role involves a lot of analysis, make sure to highlight your analytical skills in both your CV and cover letter. Talk about specific instances where you've successfully analysed costs or improved processes. We love numbers, so show us what you've got!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Lusona Consultancy (Group) Limited
✨Know Your Numbers
As a Cost Accountant, you'll be dealing with figures all day long. Brush up on your knowledge of standard costs, variance analysis, and inventory valuation. Be ready to discuss how you've tackled these in previous roles and how you can apply that experience to this new position.
✨Understand the Business
Get familiar with the manufacturing processes and supply chain dynamics of the company. Research their products and any recent innovations they've introduced. This will not only show your interest but also help you articulate how you can contribute to their goals during the interview.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to cost accounting. Think about past experiences where you've had to analyse cost variances or support cost reduction initiatives. Practising these scenarios will help you respond confidently and demonstrate your problem-solving skills.
✨Showcase Your Collaborative Spirit
This role involves working closely with various stakeholders. Be prepared to share examples of how you've successfully partnered with teams in the past, whether it's liaising with engineers or supporting management with financial insights. Highlighting your teamwork skills will make you stand out as a candidate who can thrive in a collaborative environment.