Group Cost Accountant

Agility Resoucing; Lancashire; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading manufacturing company in the United Kingdom is seeking a Group Cost Accountant to ensure accurate product costing for decision-making. The role involves collaboration with various teams and management of stock takes, as well as month-end and year-end accounting processes. Ideal candidates are qualified finance professionals with strong analytical and Excel skills, and hands-on experience in a manufacturing setting.

Qualifications

• Experience of cost accounting in a manufacturing environment.
• Willingness to take a hands-on approach on the shop floor.
• Experienced in performing and managing stock takes.

Responsibilities

• Ensure products have accurate standard costs and manufacturing instructions.
• Calculate costs for new products including all relevant costs.
• Update costings of existing products for various changes.
• Support month-end stock valuations and accounting journals.

Skills

Cost accounting experience

Interpersonal skills

Communication skills

Analytical skills

Excel proficiency

Understanding of MRP/ERP systems

Education

Qualified finance professional

Job description

Overview

An established and well-known manufacturing company based in Littleborough are currently looking for a Group Cost Accountant.

The successful candidate will be responsible for ensuring all products manufactured across the group are costed accurately to allow senior management to make decisions based on reliable information. This role will also work with the Technical and Sales teams with the costing of new product developments.

This person will be a key part of the finance team and will be involved in the management of stock takes and the production of month-end and year-end accounts across the group.

Responsibilities

• Work closely with the General Managers and operational staff at the four businesses to ensure all products have accurate standard costs, manufacturing instructions and bills of material.


• Calculation of costs for new products taking in to account raw material cost, machine time, labour costs and relevant overheads.


• Update the costings of existing products to account for changes in currency exchange rates, staff pay, supplier prices, production methods etc.


• Respond quickly to internal requests to provide new or updated costings.


• Key involvement in the annual budgetary process, calculating the labour and overhead absorption rates to be used for the forthcoming year.


• Responsible for completing month end stock valuations and the resultant accounting journals.


• Co-ordinating month-end and year-end stocktakes.


• Working closely with the external auditors to assist them with their work on the year end stock figures.


• Ensuring the month-end GRNI accruals balance to purchase receipt reports.

Qualifications

• A qualified finance professional with experience of cost accounting in a manufacturing environment.


• A willingness to take a hands-on approach and get out on the shop floor to see how products are made and how the costs are built up.


• Experienced at performing and managing stock takes.


• Strong interpersonal, communication and commercial skills.


• Solid technical ability.


• Strong analytical skills.


• High level Excel skills including the use of Pivot Tables, VLOOKUP etc.


• Experience of using MRP/ERP systems.