Cost Accountant jobs in United Kingdom

Key responsibilities will include:


Assisting in the preparation and review of monthly management reports.
Assisting in month-end and year-end closing processes.
Participating in the year-end restructuring process.
Supporting the team during the budget and forecasting process.
Supporting cost centre reviews, variance analysis, and identifying cost-saving opportunities.
Helping implement management accounts policies and procedures.
Collaborating with various departments to gather and analyse financial information.
Assisting in the preparation of monthly journals.
Assisting in reconciling certain balance sheet accounts.
Assisting in the timely allocation and approval of AP invoices and PO support.
Supporting in the set up overhead projects.
Assisting the management accounts team on ad hoc tasks as required.


Training
ACCA Level 7
There are three levels including Applied Knowledge, Applied Skills and Strategic Professional.
Applied Knowledge helps you understand the role of accounting in the business environment, and develop the practical skills and techniques expected of an accountant working in business.
The area you will cover include:

Business and Technology

Management Accounting

Financial Accounting
Applied Skills encourages you to develop a broad understanding of the role of accounting in business, and how to interpret financial information.
The area you will cover include:

Corporate and business law (ENG) (LW)

Performance Management (PM)

Taxation (TX-UK)

Financial Reporting (FR)

Audit and Assurance (AA)

Financial Management (FM)
By studying Strategic Professional, you’ll learn advanced techniques, skills, and the professional ethics required of an accountant or consultant operating at a senior level. Once you’ve successfully passed you can apply to be a full member of ACCA.
The area you will cover include:
Essentials

Strategic Business Leader

Strategic Business Reporting
Options

Advanced Financial Management

Advanced Performance Management

Advanced Taxation

Advanced Audit and Assurance

The Apprenticeship standard details the essential Knowledge, Skills and Behaviours that somebody would need to demonstrate to be successful in this job role, this includes, Business Awareness, Ethics, Communication, Leadership, Planning and Prioritisation and Problem Solving. Apprentices will need to show they are competent in all the areas detailed in the standard when they take End Point Assessment.
The Knowledge areas of the standard will typically be covered through completion of the qualification. Skills and Behaviours are developed through workshops, e-learning, workplace training and practical experience provided ‘on-the-job’.




Qualifications required

2 A Levels (or equivalent) and 3 GCSEs (or equivalent),
AAT Level 4 qualification or equivalent from another professional body or
Degree equivalent to a UK bachelor’s degree

Skills required

Numeracy skills
IT literacy
Problem-solving skills
Good communication skills
Willingness to develop professional behaviours

Prospects


All apprentices are hired as an FTC. Once the apprenticeship is completed there would be an opportunity to stay within their role as part of the team, or apply for other opportunities across the group should they wish.

Qualification / Standard : ST0001 Accountancy or taxation professional
Duration 36 months