At a Glance
- Tasks: Own product costing, variance analysis, and month-end reporting in a dynamic manufacturing environment.
- Company: Join Bosch Rexroth, a leader in innovative engineering solutions.
- Benefits: Enjoy employee discounts, health opportunities, and on-site parking.
- Other info: Gain SAP exposure and develop your skills in a supportive environment.
- Why this job: Be a key finance voice and drive impactful decisions in a collaborative team.
- Qualifications: Degree in Finance or related field; eager to learn and grow.
The predicted salary is between 40000 - 50000 Β£ per year.
Product Planned Cost (PPC) & SAP costing β own standard costing and product cost calculations for motors and components in SAP, set the planned cost baseline the rest of the business measures itself against, and keep it accurate as material, labour and overhead drivers change.
Variance analysis & P&L ownership β full ownership of the variances against PPC: material price, production order, and manufacturing variances. You'll explain not just what moved, but why, and what the P&L impact looks like through the year. You are the person the site leadership turns to for this answer.
Rolling forecast & scenario work β own the rolling forecast for your area: identify the events, decisions and external factors that will shift the numbers, model the scenarios, and bring a clear point of view rather than a passive update.
Month-end & reporting β translate monthly performance into clear commercial drivers for site leadership, own parts of the close, and sharpen how reports are built.
Business partnering β cost centre budget tracking with department heads, working closely with operations and procurement on variance root causes, becoming the finance contact non-finance colleagues actively want to talk to.
Project & investment evaluation β business cases, profitability assessments and risk evaluation for capex and operational improvement initiatives.
Continuous improvement β finding ways to automate, simplify and strengthen reporting over time.
Qualifications
- Degree in Finance, Business or related studies and a professional accounting qualification (ACCA, ICA or CIMA).
- Eager to learn, and self-directed about it. SAP, costing and manufacturing can be learned on the job but still an advantage β the instinct to dig until you understand cannot be taught.
- Proven experience in a Financial Controller / Management Accountant role in manufacturing area is desirable.
- A clear, calm and respectful communicator in English β comfortable explaining a variance to a shop floor team leader and a senior leader in the same week, and just as comfortable asking when you don't know something yet.
- Someone people enjoy working with.
- Confident in Excel.
- SAP costing exposure is a genuine plus but not a hard requirement.
- Quietly ambitious β you don't need everything figured out yet, but you do need to want more than you have today.
Additional Information
Your first 12 months: In your first three months you'll get full SAP costing exposure, take ownership of variance reporting for a defined product area, and start partnering with one or two operational departments. By month six you'll be running parts of the month-end close independently and contributing to the rolling forecast. By month twelve you'll be a credible finance voice in front of site leadership and a key member of the controlling team.
Why Bosch Rexroth? A range of benefits are available including employee discounts, various sports and health opportunities, on-site parking. You will be required to evidence your right to work in the UK, as we are unable to sponsor the employment of international workers in this role. International applicants would not be provided with a Skilled Worker visa for this role and will only be able to take up this role if they can demonstrate an alternative right to work in the UK.
Management Accountant in Glenrothes employer: Ultimate.ai
Bosch Rexroth is an exceptional employer that fosters a collaborative and dynamic work culture, where employees are encouraged to grow and develop their skills in finance and accounting. With a strong focus on continuous improvement and innovation, the company offers comprehensive benefits, including employee discounts and health opportunities, all while providing a supportive environment for meaningful contributions to the business. Located in the UK, Bosch Rexroth values clear communication and teamwork, making it an ideal place for ambitious professionals seeking to make a significant impact in their roles.
StudySmarter Expert Adviceπ€«
We think this is how you could land Management Accountant in Glenrothes
β¨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
β¨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to management accounting. Be ready to discuss your experience with variance analysis and how you've tackled challenges in previous roles.
β¨Tip Number 3
Showcase your skills in Excel and any SAP experience you have during interviews. Bring examples of how you've used these tools to improve reporting or streamline processes in your past roles.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team.
We think you need these skills to ace Management Accountant in Glenrothes
Some tips for your application π«‘
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Management Accountant role. Highlight your experience with SAP, variance analysis, and any relevant financial qualifications. 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 passionate about this role and how your background makes you a great fit. Donβt forget to mention your eagerness to learn and grow with us at StudySmarter.
Showcase Your Communication Skills:As a Management Accountant, you'll need to communicate effectively with various teams. In your application, give examples of how you've successfully explained complex financial concepts to non-financial colleagues. We love clear and calm communicators!
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. Itβs super easy, and weβll be able to track your application better. Plus, we canβt wait to see what you bring to the table!
How to prepare for a job interview at Ultimate.ai
β¨Know Your Numbers
As a Management Accountant, you'll need to be comfortable with numbers and financial data. Brush up on your variance analysis skills and be ready to discuss how you would explain variances in material prices or production orders. Show that you can not only identify what moved but also why it happened and its impact on the P&L.
β¨Familiarise Yourself with SAP
While SAP costing exposure is a plus, it's not a hard requirement. However, showing that you've done your homework on SAP and how it relates to costing and manufacturing will impress the interviewers. If you can, try to get a basic understanding of how standard costing works within SAP before your interview.
β¨Communicate Clearly
Youβll need to explain complex financial concepts to both finance and non-finance colleagues. Practice articulating your thoughts clearly and calmly. Think about examples where you've successfully communicated financial information to different audiences, as this will demonstrate your ability to be a respected communicator.
β¨Show Your Ambition
The role requires someone who is quietly ambitious and eager to learn. Be prepared to discuss your career goals and how this position fits into your plans. Highlight any instances where you've taken initiative to learn something new or improve a process, as this will show your proactive attitude.