Management / Cost Accountant

Vickerstock; Dungannon; On-site; GBP 42,000 - 45,000; Full time

Benefits offered by this job

Health Cash Plan

Well-being Initiatives

Company Pension

Stock Purchase Plan

Job summary

Vickerstock are recruiting a Management Accountant to take responsibility for cost accounting and support financial reporting within a manufacturing environment.

Reporting to the Financial Controller, you will analyse product costs, machine margins, inventory and factory overheads, providing financial information to support operational decisions and cost improvements. The role also covers month-end close, budgets and forecasts, with interaction across departments.

Qualifications

• A third-level qualification, preferably CIMA, ACCA or ACA.
• Cost accounting experience in a manufacturing environment.
• Knowledge of UK/US GAAP.
• Experience in auditing and internal controls.
• Proficient in accounting systems; Excel and Word; Oracle desirable.

Responsibilities

• Maintain machine and product costings, setting annual standard costs for materials, labour and overheads and reviewing product margins.
• Monitor purchase price variances, factory overheads and production efficiencies, identifying and supporting cost reduction opportunities.
• Oversee inventory accounting, including overhead absorption, obsolete stock provisions, stock count variances and cycle count reporting.
• Prepare month-end journals and control account reconciliations, supporting a four-day close and accurate submission of financial data to corporate systems.
• Prepare monthly and quarterly management accounts, performance commentary, operating analyses and KPIs in line with reporting deadlines.
• Support annual budgets and monthly and quarterly forecasts, helping department managers review and manage their costs.
• Participate in internal SOX control testing, review financial procedures and prepare supporting information for internal and external audits.
• Provide financial input into new product development reviews and prepare R&D grant claims, gathering cost information and liaising with external providers.
• Review and sign off weekly payroll submissions and subcontractor payments, producing reports on overtime and operational efficiency.
• Improve financial reporting and business intelligence, support the Financial Controller and deputise when required.

Skills

Cost accounting

Manufacturing cost analysis

GAAP knowledge

Auditing and internal controls

Data reporting

Education

CIMA/ACCA/ACA

Tools

Excel

Word

Oracle

Job description

Location: Dungannon, County Tyrone
Salary: £42000 - £45,000

Job type: Accountancy
Industry: Manufacturing/Engineering
Reports to: Financial Controller
Hours: 39¾ hours per week - Monday to Thursday, 8am-5pm; Friday, 8am-2.15pm

What's in it for you?

• Health Cash Plan
• Well-being Initiatives
• Company Pension
• Stock Purchase Plan

Role Overview

Vickerstock are recruiting a Management Accountant to take responsibility for cost accounting and support financial reporting within a manufacturing environment.

Reporting to the Financial Controller, the Management Accountant will analyse product costs, machine margins, inventory and factory overheads, providing financial information to support operational decisions and cost improvements.

As Management Accountant, you will contribute to management accounts, budgets and forecasts, working closely with department managers to understand performance and maintain effective financial controls.

Key Responsibilities:

• Maintain machine and product costings, setting annual standard costs for materials, labour and overheads and reviewing product margins.
• Monitor purchase price variances, factory overheads and production efficiencies, identifying and supporting cost reduction opportunities.
• Oversee inventory accounting, including overhead absorption, obsolete stock provisions, stock count variances and cycle count reporting.
• Prepare month-end journals and control account reconciliations, supporting a four-day close and accurate submission of financial data to corporate systems.
• Prepare monthly and quarterly management accounts, performance commentary, operating analyses and KPIs in line with reporting deadlines.
• Support annual budgets and monthly and quarterly forecasts, helping department managers review and manage their costs.
• Participate in internal SOX control testing, review financial procedures and prepare supporting information for internal and external audits.
• Provide financial input into new product development reviews and prepare R&D grant claims, gathering cost information and liaising with external providers.
• Review and sign off weekly payroll submissions and subcontractor payments, producing reports on overtime and operational efficiency.
• Improve financial reporting and business intelligence, support the Financial Controller and deputise when required.

What you will need to succeed as Management Accountant:

• A third-level qualification, preferably CIMA, ACCA or ACA qualifications.
• Previous cost accounting experience within a manufacturing environment.
• Knowledge of general accounting processes and UK/US GAAP.
• Experience in auditing and financial internal controls.
• Proficiency in accounting systems, Microsoft Excel and Word, with Oracle experience desirable.
• The ability to analyse manufacturing costs and financial performance and present findings to operational and finance colleagues.