Cost Accountant

Princess Yachts Limited; Plymouth; Hybrid; GBP 42,000 - 64,000; Full time

Job summary

Princess Yachts Limited, based in Plymouth, seeks a Cost Accountant to join the Finance team and work with Design, Procurement and Production to ensure accurate costings and inventory valuation. You will lead BOM development, support project costing, and drive cost-reduction initiatives on a multi-site manufacturing platform.

Ideal candidates are part-qualified accountants with manufacturing experience, strong analytical skills and the ability to influence cross-functional teams to deliver

Qualifications

• Part-Qualified accountant with manufacturing exposure.
• Experience in cost accounting, budgeting or variance analysis.
• Strong numeric and data interpretation skills.
• Ability to influence stakeholders and present financial information clearly.

Responsibilities

• Regularly review costings for purchased and manufactured components across boat lines.
• Work with Design, Procurement and Production to ascertain true manufacturing costs.
• Develop BOMs to support cost and improve MRP data accuracy.
• Reconcile materials and WIP inventories quarterly with stakeholders.
• Carry out project work and drive cost/process improvements.

Skills

Analytical skills

Communication skills

Interpersonal skills

Problem-solving

IT literacy

Education

Part-Qualified accountant (CIMA / ACCA / ACA)

Tools

Excel

Word

PowerPoint

MRP software

Job description

The Role

As a key member of the Finance team, the successful candidate will work closely with a number of functions, including Production, Procurement and Design across multiple sites. The role focuses on ensuring that component parts are correctly costed, reporting the Gross Profit of the boats, inventory valuations and supporting projects to reduce cost.The Cost Accountant will be able to use their manufacturing knowledge to build-relationships with various levels of managers and influence change to deliver cost and/or process improvement

Key Responsibilities

• Regularly review the purchased and manufactured components across all of the boat lines to ensure they are correctly costed
• Work with the Design, Procurement and Production departments to ascertain the true cost of manufacture
• Develop the Bill of Materials for each boat to support the cost, improve the accuracy of the Materials Resource Planning (MRP), providing better information for the Procurement and Logistics teams
• Reconcile the materials and work-in-progress inventory on a quarterly basis, working with the stakeholders to determine and evaluate stock reduction initiatives
• To carry out project work as required
• Demonstrating strong commercial awareness of products, customers, markets and production processes
• Undertaking any other reasonable duties commensurate with the role

Person Specification

• Part-Qualified accountant (CIMA / ACCA / ACA)
• Experience within a manufacturing environment is essential
• Proactive and self-motivated, with the ability to influence stakeholders within and outside of Finance
• Strong team player, able to lead and support cross-functional teams as required
• Excellent analytical and communication skills, with the ability to present financial information clearly to operational managers
• Excellent problem-solving skills and a genuine interest in the shop-floor processes
• Efficient, organised approach with the ability to deliver to deadlines
• High standard of IT literacy, including Microsoft Excel, Word, Outlook and PowerPoint

Why Join Princess Yachts?

This is an exciting opportunity to join a prestigious global brand, working at the heart of manufacturing operations and making a real impact on performance and decision-making. You’ll be part of a passionate, high-performing team in a business that values quality, innovation and continuous improvement.

We established our home in Plymouth, on the edge of the English Channel, in 1965. Today, a highly skilled team come together at our shipyards to create something remarkable.

From designers to engineers, and carpenters to metalworkers, each of them possesses a mastery of their individual craft. And each one is completely focused on the details for which they are responsible.

By crafting every detail, we can perfect every detail. So our customers can enjoy the perfect experience.