Cost & Management Accountant

Lionweld Kennedy Flooring Ltd; Tees Valley; On-site; GBP 35,000 - 55,000; Full time

Benefits offered by this job

Life Insurance

Pension Scheme

Share options scheme

Employee Assistance Programme

Free on-site parking

Holidays 25 days + 8 BH

Job summary

Lionweld Kennedy Flooring Ltd, part of Hill and Smith Holdings Plc, is seeking a Financial Analyst to manage the financial health of production activities. You will calculate product costs, control inventory, analyze material waste and investigate variances to improve profitability.

Responsibilities include standard costing, variance analysis for manufacturing and overheads, inventory management, BOM maintenance, and preparation of cost reports for monthly accounts within the group timetable.

Qualifications

• Proven cost accounting experience in manufacturing.
• Experience with standard costing, BOMs, and cost variances.
• Strong analytical skills with attention to detail.

Responsibilities

• Develop and maintain standard costs for materials, labour, and overheads.
• Investigate variances and identify root causes with floor managers.
• Oversee valuation and reconciliation of raw materials, WIP and finished goods; lead stock counts.
• Prepare periodic cost reports and COGS analyses for management.

Skills

Cost accounting

Variance analysis

Inventory management

Financial reporting

Data analysis

Education

Accounting qualification

Job description

Part of Hill and Smith Holdings Plc, based in Middlesbrough, Lionweld Kennedy are the recognised UK’s leading supplier of Safe, Sustainable Access solutions inSteelorGRP. We have a strong heritage of supporting multiple vertical sectors with products adaptable to the latest built environments and have a modern approach backed by 100 years of experience.

Why work for us:

We are in a strong position and have the investment and appetite for growth. As part of a FTSE 250 Plc with companies based worldwide. We are part of a strong and dynamic team delivering sustainable and innovative products and services.

The Person:

• Ability to work independently or as part of a team.
• Strong time management and prioritisation skills
• Well organised and punctual
• A ‘can-do’ attitude and a keenness for professional self-development
• A thirst to take on growing responsibilities and projects.

Position Description:

Responsible for the financial health of production activities of Lionweld Kennedy. They calculate product costs, control inventory, analyse material waste, and investigate cost variances(both production, and overheads). Bridging the gap between the finance department and the factory floor, they turn operational data into actionable strategies that improve profitability.

Responsibilities:

• Standard Costing: Develop and maintain accurate standard costs for materials, labour, and overheads.
• Variance Analysis(Manufacturing): Compare actual manufacturing costs to standard costs. Investigate discrepancies (e.g., Purchase Price Variances) and work with floor managers to find root causes.
• Variance Analysis(Overheads): Compare actual overhead costs to budget costs. Investigate discrepancies, and help identify cost savings opportunities.
• Inventory Management: Oversee the valuation and reconciliation of raw materials, Work in Progress (WIP), and finished goods. Lead physical stock counts and monitor cycle counts.
• BOM & Routing Maintenance: Ensure Bills of Materials (BOMs) accurately reflect the real-world manufacturing and assembly processes.
• Financial Reporting: Prepare periodic cost reports, sales margin analyses, and Cost of Goods Sold (COGS) reports for management. Help provide information as required to complete monthly accounts within Group reporting timetable.
• Budgeting & Forecasting: Assist in annual budget preparations and ongoing OPEX (operational expenditure) and forecasting activities.
• Cost Reduction(Manufacturing): Provide financial analysis for cost-saving initiatives, waste reduction, and continuous improvement projects, by working with production, and purchase departments.

Position:Full Time with an immediate start

Hours of work:Mon- Thursday 9.00am -17.00pm, Friday 8.00am – 2.00pm

Holidays: Full time –25 days per year (Holiday year Jan – Dec) + 8 Bank holidays, Pro rata for part time.

Life Insurance:3 times basic salary whilst in employment

Pension Scheme:Automatic enrolment if meet criteria, 5% Employee, 3% Employer. After 1 year in April – Age related up to max 6.5%.

Hill and Smith Share options scheme:When available and if applicable.

Employee Assistance Programme:Free to employees (Lifeworks)

Free on-site parking.

Close proximity to Town Centre, bus & train stations

We welcome applicants from all sectors of the community, and we aim to recruit a diverse workforce that reflects the communities we serve.

All applicants will be asked to prove that they have the right to work in the UK.