Manufacturing Accountant

Ips Group; Malton; On-site; GBP 50,000 - 55,000; Full time

Job summary

Ips Group in the Malton area is recruiting a Manufacturing Accountant to join a production-driven business. The role blends management accounting with analysis of manufacturing performance and requires close collaboration with production and operational teams.

You will work in a small finance function, using ERP and finance data to understand costs, stock movements, margins and areas of variance while contributing to budgets, forecasts and performance reporting.

Qualifications

• Experience in manufacturing finance, stock and costing.
• Ability to produce management accounts from production data.
• Strong Excel skills and data analysis ability.

Responsibilities

• Produce monthly management information and supporting analysis.
• Work with manufacturing data to understand movements in labour, materials, overheads and margins.
• Review stock and work in progress, investigating significant movements and discrepancies.
• Complete core month-end accounting including reconciliations, journals, accruals and prepayments.
• Provide useful financial information to production and operational management.
• Contribute to budgets, forecasts and ongoing performance reporting.
• Analyse variances and identify the operational factors behind financial results.
• Support the development of reporting, controls and finance processes.
• Assist with wider financial accounting and year-end requirements as part of a small finance team.

Skills

Manufacturing accounting

Excel

ERP system

Financial analysis

Education

Accounting qualification

Tools

ERP system

Job description

We are recruiting for a Manufacturing Accountant to join an established manufacturing business in the Malton area. This is a varied position suited to someone who has developed their accounting experience within a production-led environment and understands the relationship between financial results and what is happening operationally.

Working within a small finance function, the role combines management accounting with analysis of manufacturing performance. There will be regular contact with production and other operational teams, using information from the finance and ERP systems to understand costs, stock movements, margins and areas of variance.

Key responsibilities

• Produce monthly management information and supporting analysis
• Work with manufacturing data to understand movements in labour, materials, overheads and margins
• Review stock and work in progress, investigating significant movements and discrepancies
• Complete core month-end accounting including reconciliations, journals, accruals and prepayments
• Provide useful financial information to production and operational management
• Contribute to budgets, forecasts and ongoing performance reporting
• Analyse variances and identify the operational factors behind financial results
• Support the development of reporting, controls and finance processes
• Assist with wider financial accounting and year-end requirements as part of a small finance team

About you

Previous finance experience within manufacturing, engineering or another production environment is important for this position. You could currently be working as a Manufacturing Accountant, Management Accountant, Cost Accountant or Assistant Management Accountant.

You may be qualified, part-qualified or actively studying towards an accountancy qualification. More important is a practical understanding of manufacturing finance, including areas such as stock, WIP and costing, alongside experience of producing management accounts.

Strong Excel skills will be needed, as will confidence working with financial and operational data. Experience using an ERP system would be advantageous. You should also be comfortable discussing financial information with people outside finance and investigating the reasons behind movements in performance.

Salary £50,000 - £55,000

IPS Finance has 45 years' experience in the Yorkshire accountancy recruitment market. We have built our business on long term relationships with both individuals and clients in all sectors, bringing real benefits to all concerned. Please visit our website to view the latest accountancy / finance and practice opportunities.