Cost Accountant

Rotork; Manchester; On-site; GBP 30,000 - 60,000; Full time

Job summary

An established industry player is seeking a dedicated Cost Accountant to join their finance team. This role is pivotal in reviewing and analyzing production costs, including materials and labor, while collaborating with non-finance colleagues to enhance financial processes. As part of a dynamic team, you will conduct variance analysis, assist in inventory management, and prepare insightful reports that drive cost-saving opportunities. If you are detail-oriented and passionate about financial efficiency, this is an exciting opportunity to make a significant impact in a company renowned for its engineering excellence and commitment to sustainability.

Qualifications

• Part-qualified accountant with strong Excel skills and attention to detail.
• Experience in a manufacturing finance team is essential.

Responsibilities

• Analyze gross margin by product and maintain standard costs.
• Prepare monthly inventory reconciliations and labor actual costs.

Skills

Cost Accounting

Variance Analysis

Inventory Management

Time Management

Team Collaboration

Attention to Detail

Communication Skills

Education

Part-qualification of ACA/ACCA/CIMA

Tools

Excel

SharePoint

Sage 200

Job description

Company Description

Job Description

We are seeking a dedicated and detail-oriented Cost Accountant to join our finance team. The primary purpose of this role is to review and analyse direct costs of production, including material costs and direct labour. The successful candidate will work closely with non-finance colleagues to provide appropriate variance analysis and continuously improve finance and operating processes to identify cost-saving opportunities.

Key Responsibilities:

1. Analyse standard gross margin by product to provide insights and identify products requiring attention.
2. Maintain standard costs for materials and direct costs, including labour and overhead absorption.
3. Conduct variance analysis against standard costs, such as purchase price variance.
4. Assist with inventory reviews to ensure levels remain within business targets.
5. Prepare monthly inventory reconciliations, including raw materials, WIP, and finished goods.
6. Prepare labor actual costs using timesheet and payroll data.
7. Analyze and report labor efficiency to management to drive improvements.
8. Assist with the preparation of business forecasts and budgets, and report variances against them.
9. Prepare ad-hoc reports issued by the Finance department.
10. Provide ad-hoc support for all members of the finance team.
11. Assist in the financial support of the rest of the business.

If you are passionate about cost accounting and eager to contribute to a dynamic team, we encourage you to apply. Join us in driving financial efficiency and supporting our business goals.

Qualifications

Experience Requirements:

1. Part-qualification of appropriate Accountancy board (ACA/ACCA/CIMA).
2. Advanced IT skills, particularly Excel and SharePoint.
3. An ability to work to a precise level of detail in a high-pressure environment.
4. Working as part of a team.
5. Time management skills with a clear ability to multi-task and prioritise.
6. Capable of setting and maintaining excellent housekeeping standards.
7. Experience of working in a manufacturing finance team is essential.
8. Experience of Sage 200 desirable.

The Ideal Candidate Will:

1. Possess strong organizational skills.
2. Work independently with minimal supervision in a fast-paced environment, while also being a key team player.
3. Be committed to accuracy and attention to detail.
4. Have the ability to multi-task and quickly transition between tasks in a fast-paced environment.
5. Exhibit exceptional written and verbal communication skills.
6. Demonstrate a reliable and professional work style with self-initiative.

Additional Information

Rotork is the market-leading global flow control and instrumentation company, helping our customers manage the flow of liquids, gases and powders across many industries worldwide.

Our purpose is Keeping the World Flowing for Future Generations.

For over sixty years, the world has relied on us to create the things that keep everything moving. From oil and gas to water and shipping, pharmaceuticals and food- these are the flows on which our modern world depends.

Today we're respected and admired for our people, performance and products. Our success flows from our commitment to engineering excellence, and that's what we will always pursue, safely and sustainably.

Rotork is going through an exciting period of change and growth, building on our existing market success. It's a great time to join us and make an impact in shaping the future of our business.