At a Glance
- Tasks: Evaluate machine costings and prepare detailed analyses for budgeting and forecasting.
- Company: Join an international manufacturer with a strong focus on innovation.
- Benefits: Enjoy a company pension, stock purchase scheme, hybrid work, and 33 days holiday.
- Other info: Fast-paced environment with opportunities for professional growth and development.
- Why this job: Make a real impact by identifying cost reduction initiatives and improving profitability.
- Qualifications: Experience in Cost Accounting and proficiency in Microsoft Excel required.
The predicted salary is between 35000 - 45000 £ per year.
Vickerstock are working in partnership with an international manufacturer who are currently looking for a Cost Accountant on a full-time permanent basis. As the Cost Accountant, you will evaluate existing machine costings - materials, labour and overhead setting of annual standard costs, preparing costing information to assist with budgeting and forecasting.
Benefits:
- Company Pension
- Stock Purchase Scheme
- Hybrid
- Life Assurance
- 33 days holidays
Key Duties:
- Review and maintain standard costing for machines, including materials, labour, and overhead allocations, ensuring annual standards are accurately established.
- Analyse machine profitability and margin performance, identifying trends and opportunities for improvement.
- Manage and oversee the New Product Pricing and Development (NPPD) process, ensuring accurate costing for new machine introductions.
- Prepare detailed costing analyses to support budgeting, forecasting, and strategic planning activities.
- Lead inventory management activities, including obsolete inventory reviews, cycle count approvals, audit coordination, and cycle count performance reporting.
- Manage month-end inventory close processes and provide accurate inventory-related information to support the monthly financial close.
- Produce and maintain monthly spend and absorption reports for management review and decision-making.
- Identify, evaluate, and implement cost reduction initiatives across the business.
- Prepare and analyse direct labour efficiency reports on a monthly and quarterly basis.
- Support the Financial Controller in the preparation of site scorecards, management reports, and performance packs.
- Deliver clear, concise, and actionable financial information to operational and departmental managers.
- Maintain financial procedures and support SOX compliance testing to ensure the business unit consistently achieves a SOX compliance score of 90% or higher.
Criteria:
- Proven experience in Cost Accounting within a manufacturing environment.
- Strong systems aptitude with advanced proficiency in Microsoft Excel and Microsoft Word.
- Experience with Oracle ERP systems is advantageous but not essential.
- Ability to prioritise workload effectively and perform under pressure in a fast-paced environment with demanding deadlines.
- Third-level qualification in Accounting, Finance, or a related discipline.
- Professional accounting qualifications (CIMA, ACCA, ACA, or equivalent) are desirable.
To be considered for this position, please apply to the link provided and we will get in touch for a confidential discussion!
Cost Accountant TLNT1_NI employer: Vickerstock
Join an international manufacturer that values its employees and fosters a collaborative work culture. With benefits such as a company pension, stock purchase scheme, and hybrid working options, you will find ample opportunities for professional growth and development in this dynamic environment. Enjoy a generous holiday allowance of 33 days and be part of a team that prioritises innovation and cost efficiency, making it an excellent place for meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Accountant TLNT1_NI
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that Cost Accountant role.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their products and how your skills can contribute to their success. We want you to shine, so practice common interview questions and have your own questions ready to show your interest!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. We recommend mentioning something specific from your conversation to remind them why you’re the perfect fit for the Cost Accountant position.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re always on the lookout for talented individuals like you to join our team, so make sure you put your best foot forward!
We think you need these skills to ace Cost Accountant TLNT1_NI
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in cost accounting, especially in a manufacturing environment. We want to see how your skills match the job description, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Cost Accountant role. We love seeing enthusiasm and a clear understanding of the responsibilities outlined in the job description.
Showcase Your Skills:Don’t forget to mention your proficiency in Microsoft Excel and any experience with Oracle ERP systems. We’re looking for someone who can hit the ground running, so highlight any relevant tools or software you’ve used in your previous roles.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the process smoother for everyone involved!
How to prepare for a job interview at Vickerstock
✨Know Your Numbers
As a Cost Accountant, you'll need to demonstrate your understanding of machine costings and financial metrics. Brush up on key concepts like standard costing, margin performance, and budgeting techniques. Be ready to discuss how you've applied these in previous roles.
✨Showcase Your Systems Skills
Familiarity with systems like Oracle ERP can set you apart. If you have experience with advanced Excel functions or other accounting software, make sure to highlight this. Prepare examples of how you've used these tools to improve efficiency or accuracy in your work.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially around cost reduction initiatives or inventory management. Think of specific situations where you've identified trends or implemented changes that positively impacted the business. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Understand the Company Culture
Research the company’s values and culture before the interview. Being able to align your answers with their mission will show that you're not just a fit for the role, but also for the team. Prepare a few thoughtful questions about their approach to cost management and how they support professional development.
