Cost Accounting Manager

Newman Stewart; Tees Valley; On-site; GBP 55,000 - 60,000; Full time

Job summary

Newman Stewart is recruiting for a Cost Accounting Manager at a Teesside manufacturing facility. You will own the standard costing model, drive cost insight and support manufacturing performance across operations and finance.

The role requires strong costing expertise, BOM/overhead understanding and collaboration with production, engineering and senior management. On-site, with career development in a global manufacturing organisation.

Qualifications

• Qualified accountant with manufacturing finance expertise.
• Experience in manufacturing or engineering environment.
• Strong costing, variance analysis, and absorption costing knowledge.
• Experience with product cost structures and Bills of Materials (BOMs).
• Advanced Excel and ERP system capability.
• Excellent analytical and communication skills.
• Ability to partner with operational stakeholders.

Responsibilities

• Own and maintain the standard costing model across manufacturing.
• Lead annual cost roll and updates.
• Analyse material, labour and overhead variances.
• Manage absorption costing and allocation of overheads.
• Review BOMs, routings and cost structures.
• Support inventory valuation, stock analysis and audit requirements.
• Partner with operations to understand cost drivers.
• Deliver reporting and recommendations to improve profitability.
• Assist budgeting, forecasting and strategic planning activities.
• Drive continuous improvement across costing processes and controls.

Skills

Costing expertise

Variance analysis

Financial analysis

Stakeholder management

Analytical thinking

Education

ACA/ACCA/CIMA

Tools

Excel

ERP systems

Job description

Cost Accounting Manager

£55,000 - £60,000 + Benefits

Teesside (On-Site)

Reporting to the Finance Director

Newman Stewart is partnering with a leading volume manufacturer to recruit a Cost Accounting Manager.

Our client is a world-class manufacturing business and part of a globally recognised brand. Operating from its advanced manufacturing facility in Teesside, they design, develop and manufacture high-quality components supplied globally. They are recognised for their commitment to innovation, operational excellence and continuous improvement within a highly automated manufacturing environment.

As the business continues to evolve, an opportunity has arisen for a commercially minded and technically strong Cost Accounting Manager to join the finance leadership team.

The Role

Reporting directly to the Finance Director, you will take ownership of the site's standard costing model and provide critical financial insight to support manufacturing performance and decision making.

This is a highly visible role sitting at the heart of operations and finance, requiring close collaboration with production, engineering, supply chain and senior management teams.

You will be responsible for maintaining and developing robust costing processes, ensuring the integrity of product costing and inventory valuation, whilst driving deeper understanding of operational performance across the business.

Key Responsibilities

• Own and maintain the standard costing model across the manufacturing operation
• Lead the annual cost roll and ongoing standard cost updates
• Analyse and report on material, labour and overhead variances
• Manage absorption costing methodologies and ensure accurate allocation of manufacturing overheads
• Review and maintain Bills of Materials (BOMs), routings and cost structures
• Support inventory valuation, stock analysis and audit requirements
• Partner with operations teams to understand manufacturing performance and cost drivers
• Deliver insightful reporting and recommendations to improve profitability and efficiency
• Assist with budgeting, forecasting and strategic planning activities
• Drive continuous improvement across costing processes, controls and reporting

About You

We are seeking a finance professional who combines strong technical costing expertise with the ability to influence stakeholders across a manufacturing environment.

You may currently be working as a:

• Cost Accountant
• Senior Cost Accountant
• Manufacturing Accountant
• Plant Accountant
• Finance ManagerOperations Finance Manager
• Management Accountant with significant product costing experience

Essential Requirements

• Qualified accountant (ACA, ACCA, CIMA) or qualified by experience with significant manufacturing finance expertise
• Proven experience within a manufacturing or engineering environment
• Strong understanding of standard costing, variance analysis and absorption costing
• Experience managing product cost structures and Bills of Materials
• Advanced Excel and ERP system capability
• Excellent analytical skills with the ability to translate complex financial information into meaningful business insight
• Strong communication skills and the confidence to partner with operational stakeholders

The Opportunity

This is an excellent opportunity to join a leading global manufacturer in a role that offers significant visibility and influence across the business. You will work closely with an experienced Finance Director and play a key role in supporting operational and commercial decision making within a dynamic manufacturing environment.

Package

• Salary circa £55,000 - £60,000
• On-site role based in Eaglescliffe
• Career development within a global manufacturing organisation