At a Glance
- Tasks: Analyse costs, prepare reports, 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 exposure to multiple stakeholders.
- Why this job: Be a key player in shaping financial strategies and driving efficiency.
- Qualifications: Experience in cost accounting and a relevant qualification or working towards one.
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 Balloch employer: Lusona LLP
Lusona Consultancy is an exceptional employer, offering a dynamic work environment in Glasgow where innovation and technology drive success. As a Cost Accountant, you will enjoy competitive salary packages, career progression opportunities, and a collaborative culture that values your contributions to the leadership team. With benefits like a company pension, generous holidays, and a unique early finish on Fridays, this role provides a rewarding and fulfilling career path in a leading international manufacturing firm.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Accountant in Balloch
✨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. Show them you’re not just another candidate; you’re genuinely interested in their work and how you can contribute as a Cost Accountant.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills in cost accounting and analysis can directly impact their operations. Highlight your experience with SAP and how it can streamline their 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 connect with us directly.
We think you need these skills to ace Cost Accountant in Balloch
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 any other relevant software. 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 quickly. We can’t wait to hear from you!
How to prepare for a job interview at Lusona LLP
✨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 the 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.
✨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. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Show Your Collaborative Spirit
This role involves working closely with various stakeholders. Be prepared to discuss how you've successfully partnered with other departments in the past. Highlight your communication skills and your ability to influence decision-making through your financial insights.
