Cost Accountant

Dr. Oetker (UK) Ltd.; City of Westminster; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading food production company in the UK seeks a Cost Accountant to analyze production costs and operational expenses. This role requires collaboration across departments to ensure accurate cost allocation. Candidates must have a Bachelor's degree in Accounting or Finance, with a CPA preferred, and at least 3 years of cost accounting experience in manufacturing. Proficiency in SAP and advanced Excel skills are required. Join a dynamic team at a state-of-the-art pizza production facility.

Qualifications

• Minimum of 3 years of experience in cost accounting in a manufacturing environment.
• Proven experience analyzing data to identify patterns and trends.
• Ability to work independently and collaboratively.

Responsibilities

• Prepare and analyze production costs to ensure efficiency and profitability.
• Conduct profitability analysis and analyze cost structures for new products.
• Support month-end and year-end close processes with accurate data.

Skills

Cost accounting principles and practices

Data analysis

Advanced MS Excel skills

Effective communication

ERP system knowledge (SAP preferred)

Education

Bachelor's degree in Accounting, Finance, or a related field

CPA designation

Tools

SAP

Job description

Job Overview

In our facility, we transform raw materials like flour and yeast into delicious pizza crusts, topped with savory sauce and fresh ingredients, before freezing and packaging them for retail distribution. Reporting to the Plant Controller, this newly created Cost Accountant role is responsible for analyzing production costs and operational expenses within the organization. The Cost Accountant collaborates with various departments to ensure accurate cost allocation and provide insights that drive cost-saving initiatives.

Responsibilities

• Prepare and analyze production costs of materials, labour, and manufacturing overhead to ensure efficiency and profitability.
• Prepare Cost of Goods Sold (COGS) variance analysis; investigate and resolve any errors or discrepancies, and highlight significant variances and provide explanations.
• Conduct profitability analysis and analyze cost structures for new products and projects, providing actionable insights to stakeholders.
• Develop and maintain cost accounting system that ensures accurate costing in SAP.
• Work closely with production and FP&A teams to improve cost efficiency and support decision‑making.
• Support the month‑end and year‑end close process with accurate cost accounting data and reports.
• Assist in budget preparation by providing input on cost assumptions, plant fixed overhead, investment budgets and forecasts.
• Collaborate with cross‑functional teams to gather and analyze financial and costing information and create detailed reports.
• Identify and implement process improvements to enhance cost management and operational efficiency.
• Provide backup coverage for Senior Inventory Control Analyst and Production Analyst.
• Develop and maintain Investment Management Program in SAP.
• Prepare internal orders, setup budget, settlement of AUC, and manage monthly reporting process.
• Prepare depreciation and Return on Investment (ROI) calculations.
• Ensure compliance with company policies and relevant regulations.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• CPA designation is preferred.
• Minimum of 3 years of experience in cost accounting in a manufacturing environment.
• Knowledge of cost accounting principles and practices.
• Proven experience analyzing data to identify patterns and trends and providing commentary.
• Proven experience using data trends to influence strategic business decisions and making informed recommendations.
• Strong knowledge with ERP system, SAP preferred.
• Advanced MS Excel skills.
• Able to communicate effectively with various organizational levels.
• Ability to work independently and collaboratively within a team.
• Understanding of manufacturing processes and inventory management.

About Dr. Oetker

Since our beginnings at Dr. Oetker, we have been breaking new ground. With pizza, cake, and desserts, as well as digital platforms and services – quality and an innovative spirit set us apart.

What awaits you? It's up to you! At Dr. Oetker, you can actively shape the future – both yours and ours. We want to be part of something bigger. Don’t you? At Dr. Oetker, we pride ourselves on being a state‑of‑the‑art, highly automated pizza production facility with a global presence. With our headquarters in Germany and operations in over 40 countries, we are an international company rooted in family values since 1891. Our London facility, home to around 300 associates, features highly automated, high‑volume production lines crafting our well‑loved Ristorante, Casa di Mama, and Giuseppe pizzas. Our facility is part of the International Pizza Production Unit (PPU) which, in part, identifies projects and efficiencies for execution at plant level.