At a Glance
- 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, pension, early Friday finishes, and career progression opportunities.
- Other info: Collaborative role with exposure to multiple stakeholders and significant growth potential.
- Why this job: Be a key player in shaping financial strategies and driving efficiency in a cutting-edge company.
- Qualifications: Experience in cost accounting and a relevant qualification or working towards one.
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 plus 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.
Locations
Cost Accountant in Glasgow, Scotland employer: Lusona LLP
Lusona Consultancy is proud to partner with an innovative International Manufacturing company in Glasgow, renowned for its cutting-edge technology and commitment to excellence. As a Cost Accountant, you will thrive in a collaborative work culture that values employee growth and offers significant exposure to leadership opportunities, all while enjoying competitive benefits including a generous salary, pension scheme, and a unique early finish on Fridays. Join a team where your contributions directly influence decision-making and drive the success of a market leader.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Accountant in Glasgow, Scotland
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with professionals on LinkedIn. 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 researching the company and its culture. Understand their products and services, especially in manufacturing. This will help you tailor your answers and show that you're genuinely interested in the role.
✨Tip Number 3
Practice your interview skills with a friend or mentor. Get comfortable discussing your experience in cost accounting and how it relates to the role. The more you practice, the more confident you'll feel when it’s time to shine.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, we love seeing familiar faces from our community!
We think you need these skills to ace Cost Accountant in Glasgow, Scotland
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 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 Analytical Skills
Prepare examples of how you've tackled cost variances or improved processes in past positions. Use specific figures and outcomes to illustrate your impact. This will show the interviewers that you can bring value to their operations.
✨Familiarise Yourself with SAP
Since the role involves using SAP for cost accounting activities, make sure you're comfortable discussing your experience with this software. If you haven't used it before, research its functionalities and be prepared to explain how you would adapt quickly.
✨Engage with Stakeholders
The job requires collaboration across various teams. Think about how you've successfully partnered with different departments in the past. Be ready to share stories that highlight your communication skills and ability to influence decision-making.
