At a Glance
- Tasks: Join our team to manage costs and support financial operations in a dynamic manufacturing environment.
- Company: We're a thriving manufacturing business based on the Wirral, committed to excellence and innovation.
- Benefits: Enjoy competitive pay, opportunities for growth, and a collaborative work culture.
- Other info: Flexible application process – submit your CV easily and let us handle the rest!
- Why this job: Be part of a team that drives efficiency and impacts production while developing your financial skills.
- Qualifications: Qualified (CIMA/ACCA) preferred; experience in cost accounting within manufacturing is essential.
The predicted salary is between 28800 - 43200 € per year.
An opportunity has arisen to join a successful Manufacturing business based on the Wirral, reporting into the Financial Controller and providing key information to ensure the smooth running of day to day finance.
Main duties will include:
- Develop and maintain accurate standard costs, BOMs (Bills of Materials), and routing data for manufacturing operations.
- Investigate and report on material, labour, and overhead variances, providing insight into root causes and recommending corrective actions.
- Ensure accurate valuation of raw materials, WIP, and finished goods. Support regular stocktakes and cycle counting processes.
- Assist in preparation of annual budgets and rolling forecasts, particularly in areas related to production costs and margins.
- Perform cost-volume-profit analysis and margin analysis by product, customer, or business segment.
- Prepare monthly management accounts, cost centre reports, and ensure compliance with UK GAAP and internal financial controls.
- Collaborate with operations and production teams to identify opportunities for cost reduction and process efficiency.
- Monitor and analyse trends in material prices, overhead recovery, and factory performance to support decision-making.
- Support internal and external audits with relevant costing data and documentation.
- Provide financial insight and support to strategic projects, such as pricing reviews, capex planning, and new product introductions.
Candidate profile:
- Ideally Qualified (CIMA/ACCA) – QBE considered
- Proven cost accounting within a manufacturing environment
- Ability to work in a fast paced environment
Cost Accountant in Ellesmere Port employer: Rescourcery Group
Join a thriving manufacturing business on the Wirral, where you will play a pivotal role in driving financial efficiency and supporting strategic initiatives. Our collaborative work culture fosters professional growth, offering opportunities for continuous learning and development, while our commitment to employee well-being ensures a supportive environment. With competitive benefits and a focus on innovation, we are dedicated to making your career both meaningful and rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Accountant in Ellesmere Port
✨Tip Number 1
Familiarise yourself with the specific cost accounting practices used in manufacturing. Understanding standard costs, BOMs, and variance analysis will give you a solid foundation to discuss during interviews.
✨Tip Number 2
Network with professionals in the manufacturing finance sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities.
✨Tip Number 3
Prepare to discuss your experience with cost-volume-profit analysis and how you've contributed to cost reduction initiatives in previous roles. Real-life examples will demonstrate your value to potential employers.
✨Tip Number 4
Stay updated on current trends in material prices and factory performance metrics. Being knowledgeable about these topics will not only help you in interviews but also show your genuine interest in the role.
We think you need these skills to ace Cost Accountant in Ellesmere Port
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in cost accounting, particularly within a manufacturing environment. Emphasise your qualifications (CIMA/ACCA) and any specific achievements related to cost management.
Craft a Compelling Cover Letter:Write a cover letter that addresses the key responsibilities mentioned in the job description. Discuss your experience with standard costs, BOMs, and variance analysis, and how you can contribute to the company's financial success.
Showcase Analytical Skills:In your application, provide examples of how you've used analytical skills to investigate variances and support decision-making. Mention any tools or software you are proficient in that relate to cost accounting.
Highlight Collaboration Experience:Since the role involves working with operations and production teams, include examples of past collaborations. Describe how you identified opportunities for cost reduction and improved processes in previous roles.
How to prepare for a job interview at Rescourcery Group
✨Know Your Numbers
As a Cost Accountant, you'll need to demonstrate your understanding of financial metrics. Brush up on key concepts like standard costs, BOMs, and variances. Be prepared to discuss how you've used these in past roles.
✨Showcase Your Analytical Skills
The role requires investigating variances and providing insights. Prepare examples of how you've analysed data to identify root causes and recommend corrective actions. This will show your problem-solving abilities.
✨Familiarise Yourself with Compliance
Understanding UK GAAP and internal financial controls is crucial. Make sure you can explain how you've ensured compliance in previous positions, as this will highlight your attention to detail and adherence to regulations.
✨Collaborate Effectively
The job involves working closely with operations and production teams. Think of instances where you've successfully collaborated across departments to achieve cost reductions or improve processes, and be ready to share those stories.