Cost Analyst part-time

TN United Kingdom; Telford; On-site; GBP 25,000 - 45,000; Part time

Job summary

An innovative manufacturing company in Telford is seeking a Cost Analyst to join their team on a part-time basis. This role offers a unique opportunity to contribute to key financial processes, including cost analysis and financial reporting, while enjoying a flexible work schedule. The ideal candidate will possess strong analytical skills and a keen interest in financial data, helping shape strategic decisions within the business. Join a supportive environment that values employee development and offers excellent benefits.

Benefits

Flexible Working Hours

Great Holidays

Excellent Benefits

Supportive Management

Qualifications

• Experience in cost analysis and financial reporting.
• Strong analytical skills to support financial decision-making.

Responsibilities

• Conduct in-depth reviews of manufacturing costs and variances.
• Prepare monthly management account journals and reconciliations.
• Oversee stock valuation and inventory control.

Skills

Analytical Skills

Cost Analysis

Financial Reporting

Communication Skills

Manufacturing Experience

Education

Degree in Accounting or Finance

Job description

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Your newpany

Hays is partnering with a fast-paced and highly successful manufacturing company in Telford, seeking a Cost Analyst to join their team on a part-time, permanent basis (approximately 24 hours per week). This is a fantastic opportunity to contribute to a dynamic and growing business, supporting key financial processes and cost analysis while enjoying a flexible work arrangement.

Your new role

This essential role supports key business decisions by ensuring robust, timely, and precise reporting on manufacturing performance.

Key Responsibilities:

1. Manufacturing Cost Analysis – Conduct in-depth reviews of direct and variable costs, including variable labour, machine efficiency, and material usage, comparing actual results to standard expectations.
2. Financial Reporting & Reconciliation – Prepare and process monthly management account journals, ensuring accurate reconciliation of balance sheet accounts.
3. Operational & Supply Chain Insights – Generate monthly variance reports for operational and supply chain managers, covering areas such as purchase price variances, taxes, and landed costs.
4. Inventory & Stock Control – Oversee stock valuation, adjustments, and provisions, monitoring obsolescence, negative stocks, and quarantined inventory.
5. Standard Costing & Business Change Management – Lead year-end standard costing processes, support budgeting efforts, and manage costing analysis for new products and product amendments.
6. Intercompany Transfer Pricing – Ensure compliance and efficiency in cross-border product pricing and business change requests for new products.

This is a highly impactful role that combines financial expertise with operational understanding, helping shape strategic decisions within the business.

What you'll need to succeed

Our client is seeking an accounting professional with strong analytical skills to play a key role as the liaison between accounts and production. Ideally, you’ll have experience in manufacturing, though this is not essential.

This dynamic and impactful role requires an outgoing personality and exceptional communication skills to effectively gather information from the production team and build strong relationships.
Experience in estimating, costings, cost analysis, and cost engineering would be advantageous. However, the company seeks candidates looking to develop their careers in this field—provided they possess the right soft skills and a keen interest in financial data and operational insights.

The ideal candidate will have strong analytical abilities and be comfortable working with large volumes of data to support financial decision-making and efficiency improvements.

What you'll get in return

If you are looking for a rewarding part-time role with flexibility to fit around your schedule, then this is a fantastic opportunity to work 24 hours per week, with the freedom to choose how you structure your time—whether over 3–4 days or during school hours across 5 days, would be perfect for you.
You’ll be reporting to a dynamic and supportive manager who is committed to investing in your development, helping you grow within your role and progress in your career.
You will be joining a company that values its employees, offering great holidays, excellent benefits, and a warm, friendly culture where you’ll feel truly supported.