At a Glance
- Tasks: Evaluate machine costings and prepare detailed analyses for budgeting and forecasting.
- Company: Join an international manufacturer with a focus on innovation and growth.
- Benefits: Enjoy a company pension, stock purchase scheme, hybrid work, and 33 days holiday.
- Other info: Fast-paced environment with opportunities for professional development and career advancement.
- Why this job: Make a real impact by identifying cost-saving opportunities and improving profitability.
- Qualifications: Experience in Cost Accounting and strong Excel skills are essential.
The predicted salary is between 40000 - 50000 £ 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 in Dungannon employer: Vickerstock
Vickerstock is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. As a Cost Accountant in an international manufacturing setting, you will benefit from a comprehensive package that includes a company pension, stock purchase scheme, and generous holiday allowance, all while enjoying opportunities for professional growth and development. The hybrid work model and commitment to employee well-being make this an attractive place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Accountant in Dungannon
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about letting people know you’re on the hunt for a Cost Accountant role. You never know who might have the inside scoop on an opportunity!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their products and how your skills can help them improve their cost management. Tailor your responses to show how you can add value right from day one!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to get comfortable discussing your experience in cost accounting. Focus on articulating your achievements and how they relate to the key duties listed in the job description.
✨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 Dungannon
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 bit of personality, so let us know what excites you about this opportunity.
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 through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us. Plus, it’s super easy!
How to prepare for a job interview at Vickerstock
✨Know Your Numbers
As a Cost Accountant, you'll be dealing with a lot of figures. Brush up on your knowledge of machine costings, materials, and labour allocations. Be ready to discuss how you’ve previously evaluated costs and improved profitability in your past roles.
✨Showcase Your Systems Skills
Familiarity with systems like Oracle ERP can set you apart. If you have experience with advanced Excel functions, make sure to highlight that too. Prepare examples of how you've used these tools to streamline processes or enhance reporting.
✨Prepare for Scenario Questions
Expect questions about how you would handle specific situations, like managing month-end inventory close processes or identifying cost reduction initiatives. Think through your past experiences and be ready to share concrete examples that demonstrate your problem-solving skills.
✨Communicate Clearly
You'll need to deliver financial information to various stakeholders. Practice explaining complex financial concepts in simple terms. This will show your ability to communicate effectively and ensure everyone understands the financial implications of your analyses.
